Grassi & Co. Launches New Affiliate, Grassi Healthcare Advisors

New York-based Grassi & Co. (FY17 net revenue of $59.6 million) launched Grassi Healthcare Advisors LLC (GHA), which will be led by CEO Joseph Tomaino, previously the principal of health care transformation consulting of Grassi & Co. for the last three years.

Joseph Tomaino

Joseph Tomaino

Tomaino has more than 30 years of health care management experience working in the not-for-profit, for-profit and government-sponsored segments. He has worked with provider organizations and payers across the U.S. as an architect of value based care – improving clinical effectiveness and resource efficiency. Tomaino uses data to analyze populations being served as well as an organization’s effectiveness, and then applies innovative structure and program designs to improve performance, helping clients transform to successfully operate in managed care and accountable care reimbursement environments.

In the current accountable-care health care environment, medical providers and health care organizations are transitioning from a transactional fee-for-service business model, to a value-based payment model.

“With the rapid pace of change businesses experience today, the creation of Grassi Healthcare Advisors LLC is a necessity in helping our clients successfully integrate into this value-based payment model,” says Louis Grassi, MP and CEO. “I have every confidence that Joseph and his team of experts are at the forefront of the issues facing the health care industry and will help position our clients for continued success and growth.”

The GHA team will also include Stephanie Fiedler as the director of revenue advisory; Geri Gregor, a partner in business advisory; Joseph Micara, director of business development; and Alicia Shickle, senior manager.