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Month: January 2019

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Susan Armstrong Elected to Capitol Bank’s Verona Advisory Board

Madison, WI: Ken Thompson, President and CEO of Capitol Bank, is pleased to announce that Susan Armstrong has been elected to the Bank’s Verona Advisory Board. Armstrong, owner of Stellar Rehabilitation in Verona, has 15 years of experience as a business owner and manager and has been a physical therapist for over 23 years. She is a graduate of the University of Michigan’s Physical Therapy Program.

“Susan’s experience as a business owner, combined with her involvement in Verona, will be invaluable as we continue to be the truly local bank for the Verona community,” said Thompson.

Susan has served on the Board of Directors and Executive Committee of the Verona Area Chamber of Commerce. She is also past-president of the Fitchburg-Verona Rotary Club. Susan continues to provide Falls Prevention Programs to senior centers, community groups and residents of senior living facilities.

Susan and her family reside in Verona and enjoy participating in sports, recreational, community, and fundraising activities within the Madison area and surrounding communities.

Susan Armstrong Headshot 2018

About Capitol Bank: Capitol Bank, locally-owned and operated, is committed to serving the communities in which we live, work and do business. We are proud of the partnerships we have established with organizations, businesses and individuals in the Madison and Verona communities. Our philosophy of community support is demonstrated at the corporate level, as well as in the time and energy our employees devote to our community each year.

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My Choice Family Care to acquire Trilogy Health Insurance

My Choice Family Care is pleased to announce it has entered into a definitive agreement to acquire Trilogy Health Insurance, a Wisconsin‐based HMO.

As a Managed Care Organization, My Choice has nearly two decades of experience serving older adults and persons with disabilities. Through the Family Care program, My Choice serves enrolled members in twenty‐six counties with emphasis on helping people live independently in the community rather than institutional settings. The company, now a nonprofit entity, was an original pilot partner for the Wisconsin Family Care program in 2000.

Trilogy’s lines of business are closely aligned with My Choice’s mission to serve vulnerable populations with a focus on quality of services to its members.

“As an organization that continues to experience sustained, planned growth while maintaining high levels of member satisfaction, we are very happy for the opportunity to expand our breadth of services to improve the quality of life for a broader group of consumers”, said Maria
Ledger, My Choice CEO. “We look forward to collaborating with the current Trilogy leadership to ensure smooth transition and continuity of services for clients and members alike. We are also committed to continued development of effective working relationships with our network
providers,” Ledger added.

My Choice currently serves approximately 8,600 Wisconsinites through the Family Care program. Trilogy serves approximately 11,600 members.

This transaction is subject to acquiring the necessary regulatory approvals.

Services to persons currently served by both My Choice and Trilogy Health Insurance will be uninterrupted. Family Care members served by My Choice and BadgerCare Plus clients served by Trilogy will remain fully intact with no changes to service, coverage or service plans.

For more information, please contact Maria Ledger at 414-287-7600.

Photo by Richard Hurd

Brian Donarski Promoted to Vice President of Finance & Accounting at M3

Brian Donarski has recently been promoted to Vice President of Finance & Accounting at M3 Insurance. In his four years with M3, Brian has led his team in a number of significant process improvements including the implementation of financial performance indicators and the automation of real-time reporting.  He provides standard, measurable data and insight to M3’s sales team, shareholders, executive leadership, and board members in support of M3’s commitment to proactive operational planning.

Brian joined M3 in 2014 as the Director of Finance and Accounting. He came to this role with a diverse business background spanning 20 years, including experience in manufacturing, distribution and healthcare industries. He belongs to the Madison Chapter of Financial Executives International and the American Institute of Certified Public Accountants.

Brian Donarski

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About M3

M3 Insurance offers insight, advice and strategies to help clients manage risk, purchase insurance and provide employee benefits. We are committed to being experts in both the products we represent and the industries we serve. Our people advance M3’s competitive advantage in the marketplace, and our focus on community builds better places to live and work. M3 is consistently ranked a top 100 broker in America and celebrated its 50th anniversary in 2018.

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Old National promotes Kevin Anderson to Wisconsin Region CEO and Traci Mann to Region President

For Immediate Release

January 28, 2019

Media Contact:

Kathy Schoettlin

(812) 465-7269 / (812) 319-2711

Kathy.schoettlin@oldnational.com

Old National promotes Kevin Anderson to Wisconsin Region CEO and Traci Mann to Region President

Milwaukee, Wis. (Jan. 28, 2019) – Old National Bank is pleased to announce the promotions of Kevin Anderson to Wisconsin Region CEO and Traci Mann to Wisconsin Region President. Anderson replaces Len Devaisher who recently left the company.

Kevin Anderson joined ONB in 2013 as Corporate Relationship Manager in the Louisville Region and was promoted to Milwaukee Region President in 2016. Prior to Old National, Kevin was Senior Vice President, Commercial Banking Manager at Fifth Third Bank in Louisville. He is a graduate of the University of Kentucky.

Anderson is an active community leader and serves on the board of directors for the Metropolitan Milwaukee Association of Commerce and the United Performing Arts Fund. He is also a member of the Greater Milwaukee Committee.

Traci Mann worked for AnchorBank for 26 years prior to its partnership with ONB in 2016. She most recently served as Market President, Commercial Banking Executive in Madison. Traci recently graduated from Old National’s Senior Leadership Academy and earned her bachelor’s from the University of Wisconsin – Whitewater.

Mann serves on the executive committee for the American Heart Association’s Go Red for Women Luncheon, The Madison Club Foundation Board, and Downtown Madison Inc. Economic Development Committee. She also volunteers for the Madison Symphony Orchestra.

“ONB is fortunate to have Kevin Anderson and Traci Mann as such qualified successors with extensive knowledge, experience and proven leadership,” said Jim Sandgren, President & COO. “I am confident they will continue Old National’s strong commitment to clients, community and associates in the Wisconsin Region and beyond.”

About Old National Bank

Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. Headquartered in Evansville with $19.7 billion in assets, it is a top 100 U.S. bank, the largest Indiana-based bank and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for seven consecutive years. For nearly 185 years, Old National has been a community bank committed to building long-term, highly valued relationships with clients. With locations in Indiana, Kentucky, Michigan, Minnesota and Wisconsin, Old National provides retail and commercial banking services along with comprehensive wealth management, investment and capital markets services. For information and financial data, please visit Investor Relations at oldnational.com.

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Photo by Richard Hurd

Wind River Financial and Sift Healthcare Announce Partnership

Wind River Financial, a payment processing company based out of Madison, announced its strategic partnership with Milwaukee-based revenue cycle intelligence company, Sift Healthcare. The new partnership will allow the two companies to provide a unique set of solutions that greatly optimize the revenue cycle for healthcare providers by improving claims workflow, reimbursement performance and patient financial engagement.

Wind River Financial brings extensive experience helping healthcare organizations improve their payment related cashflow and efficiency. While working with healthcare networks, independent clinics, hospitals, doctors’ offices and laboratory facilities, Wind River provides superior experience and know-how for patient-related payments. At the same time, Wind River provides all its related solutions with an eye toward a patient data security approach versus basic “check-the-box” PCI compliance.

Sift Healthcare puts an organization’s data to work creating a true picture of patients’ submissions, claims and payments across multiple siloed data sources. By leveraging the latest big data technology, the platform allows organizations to gain deep and actionable insights into trends, all in an easy-to-use analytics dashboard. Sift brings all of this together on a HIPAA-compliant platform to ensure security best practices. The team behind Sift has a broad understanding of data analytics and decades of experience with medical and insurance claims.

“Wind River is thrilled to expand our portfolio of products,” said Steve Staden, Wind River’s senior vice president of product management. “By combining Wind River’s payment technology, expertise and first-class service with revenue cycle optimization, our partnership with Sift Healthcare can help healthcare organizations collect more and sooner. Being able to lower costs and collect more will be on the wish list of every CFO and director of revenue cycle in 2019, and we can help make that happen.”

Established in 2013, the Sift Healthcare team has built enterprise data technology platforms and pioneered data mining and predictive analytics technology. The company is compelled to help eliminate the 25 percent of wasted administrative costs and over $200 billion in wasted billing costs seen annually in healthcare. That includes accelerating insurance payments, reducing overall denials, increasing patient responsibility collections, providing visibility into payer contracts and creating smarter workflows for organizations.

“We are eager to begin working with the long-trusted payment experts at Wind River,” said Sift Healthcare founder and CEO Justin Nicols. “I’m looking forward to what our teams will do together, paving the path to improved intelligence in healthcare.”

About Wind River Financial
Wind River Financial is a payment processing company based in Madison, Wis. Its team of experts works to make payment processing safer and easier for thousands of merchant clients throughout the country. In addition to healthcare, Wind River partners with software providers, banks, credit unions and trade associations to design and customize processing solutions for their clients and stakeholders. To learn more, visit www.windriverfinancial.com.

About Sift Healthcare
Sift Healthcare revolutionizes the revenue cycle through predictive analytics. The Milwaukee-based company provides revenue cycle management and revenue cycle technology companies with analytic insights that drive workflow optimization, reduce denials and customize the patient pay experience, which increases collections and helps maintain relationships for providers. Sift Healthcare’s predictive analytics platform turns the most challenging and important healthcare data into a powerful operational and patient financial management tool that improves the reimbursement and patient pay collections process and reduces the need for human intervention. To learn more, visit www.sifthealthcare.com.

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