WHO IS TED GIOVANIS?

Theodore (Ted) Giovanis, FHFMA, MBA, is President and Founder of the Jayne Koskinas Ted Giovanis Foundation for Health and Policy that conducts research in the health policy and clinical arenas.

He was previously President of T. Giovanis & Company, LLC and TGC, LLC health policy and reimbursement consultancies, specializing in strategic reimbursement advice and advocacy on behalf of a wide variety of clients.

Ted’s work has included both the Medicare and Medicaid payment areas across a wide cross section of the different payment systems over the past 40 years in the health policy, reimbursement and advocacy arenas.

Well-known in the industry, Ted is a recognized expert in Medicare and Medicaid regulation and regulatory processes, has been an expert witness in numerous court cases and was solely responsible for the identification and prosecution of the rural floor budget neutrality issue/litigation, which resulted in a multibillion-dollar settlement for hospitals nationally.

He has also served as a hospital system CFO, controller and internal auditor as well as in numerous other hospital management and reimbursement/payment positions.

Earlier in his career, Ted was one of the original staff at the Maryland Health Services Cost Review Commission and was a designer of the GIR (Guaranteed Inpatient Revenue) and TPR (Total Patient Revenue) payment systems. 

Ted also served as the Chairman of the Maryland Community Services Community Reimbursement Rate Commission, a gubernatorial appointment he was reappointed to by three different Governors with different political affiliations.

Additionally, Ted is an accomplished professional sports car driver and team owner in the IMSA Michelin Pilot Challenge.

Career:

  • President and Founder, Jayne Koskinas Ted Giovanis Foundation for Health and Policy
  • President, T. Giovanis & Company, LLC
  • President, TGC, LLC
  • President, TGC2, LLC
  • Director of Healthcare, Washington Service Center, Deloitte & Touche
  • Director Regulatory Services, Healthcare Financial Management Association (HFMA)
  • CFO, Memorial Health System of Cumberland
  • Director Rate Setting, Maryland Health Services Cost Review Commission
  • Controller, Baltimore County General Hospital, Baltimore, MD
  • Internal Auditor/Staff Accountant, St. Agnes Hospital

Education:

  • University of Baltimore, MBA, Finance-Management
  • Baltimore College of Commerce, BS, Accounting

Maryland Healthcare Financial Management Association (HFMA) Experience:

  • President, Maryland Chapter
  • Vice President, Maryland Chapter
  • Board of Directors, Member Maryland Chapter
  • Annual Institute Committee, Member, Maryland Chapter
  • Program Committee, Member, Maryland Chapter

Certifications & Awards:

  • HFMA – Fellow of HFMA
  • Certified in Managed Care
  • Follmer Bronze Award
  • Reeves Silver Award
  • Muncie Gold Award
  • Founders Metal of Honor Award
  • Petrik Award
  • President’s Award
  • Unsung Hero Award

 

Other Experiences:

  • Chairman – Maryland Community Services Reimbursement Rate Commission
    [a gubernatorial commission that oversaw the rate structures that are used to pay for services for the severely mentally ill and developmentally disabled]
  • Successfully prosecuted the Rural Floor Budget Neutrality Appeal
    [The Cape Cod case which is arguably the largest case the Medicare program has ever lost and potentially ever will lose.]
  • Other Accomplishments
    An accomplished professional sports car driver and team owner in the International Motor Sports Association (a subsidiary of NASCAR)
Ted Giovanis the author

FOCUS FORWARD: Life lessons from racing

Life comes at you fast when you’re traveling 180 miles per hour. For Ted Giovanis, it’s also where you can learn the most valuable lessons. Since becoming a race car driver three decades ago at age forty-six—a ride that is still in overdrive—Giovanis has discovered how the tools of racing and the teamwork within it are applicable to life and business. In forty-eight motivating and, at times, exhilarating chapters, he shares his experience and knowledge.

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