board of advisors

Michael M. Barch, MHSA

Over the prior 40 years, Michael Barch had held senior management positions in various medical corporations representing nearly every facet of healthcare. He held the post of CEO of The George Washington University Medical Center (GWUMC) for more than 20 years. During his tenure at GWUMC, he helped the Medical Center develop a 300-physician group practice and a 100,000-member HMO. He later served as Assistant Vice President at Johns Hopkins University School of Medicine. Following his appointment at Johns Hopkins, Mr. Barch was named President and CEO of Managed Care Assistance Corporation (MCAC) which was responsible for the development of six different statewide managed care networks and the formation of HMOs in two additional states. He has chaired numerous Boards and has fostered the development of many programs including a Robert Wood Johnson grant in 1984 that resulted in the Health Care for the Homeless Project. This Project has since evolved into Unity Health Care, which runs 32 primary care clinics in the Washington, DC and owns Medicaid HMO. During his 40 years in healthcare, Mr. Barch has also served as the President and CEO of Columbia Hospital for Women and for the District of Columbia Health and Hospitals Public Benefit Corporation (PBC). The PBC was the public health delivery system for the District of Columbia and consisted: of D.C. General Hospital, a 175 physician specialty practice, 23 public health clinics, and 183 school-based nurse programs as well as a number of specialty clinics. In December of 2012, Mr. Barch joined MedTech as Chief Operating Officer. Mr. Barch is currently Chairman of the Board of the Healthcare Council of the National Capital Area as well as Chair of National Capital Shared Services, the 13th largest group purchase organization in the nation. He is also a founder of Metastatin Pharmaceutical, a biopharmaceutical company developing anti-metastatic therapies. Mr. Barch graduated Summa Cum Laude with a joint degree in Economics and Finance from the University of Louisiana at Lafayette, and has a Masters of Health Science Administration from The George Washington University.

Jay Nussbaum

Mr. Nussbaum has extensive executive experience in government and commercial sales and management. He previously served as executive vice president of Oracle Service Industries under Oracle’s chairman and CEO, Larry Ellison, where he oversaw government, education, health, communications, utilities and financial services operations.

During his nearly 10-year career at Oracle, he helped grow the U.S. government business from less than $60 million to more than $1.5 billion. Under Nussbaum’s stewardship as founder, vice chairman and chief operating officer of Agilex Technologies Inc., the company grew to over $300 million in revenue and is now part of Accenture Federal Services, a provider of mission and technology solutions to the national security, healthcare and public sectors of the U.S. government.

He also served as global head of sales, marketing and business development for Citigroup Global Transaction Services, and as president of integrated systems operation at Xerox Corp. Nussbaum has also served on a number of boards of directors, including the Armed Forces Communications and Electronics association, and Northrop Grumman Corp. He is active in numerous business and charitable organizations.

Michael Smith Liss, B.S.

Michael Smith Liss is Founder and Chief Executive Officer of Heronwood Capital. Previously, Michael spent 6 years as an Investment Advisor at Deutsche Bank, based out of their Washington D.C. office. His prior team at Deutsche Bank was responsible for the management of $3B+ of assets for high net worth individuals, corporations, endowments, and foundations. In addition to his role on the private wealth management side, he worked intimately with the investment bank, focusing on real estate lending, real estate advisory solutions, structured lending, and key client private placement opportunities. Prior to Deutsche Bank, Michael worked in Mergers and Acquisitions for Global Tower Partners, the largest privately held cell tower company. He was responsible for diligence and valuation analysis on single assets and portfolios being looked at for acquisition as well the closing and integration post acquisition. Michael is currently a Board Member of the Upperville Colt and Horse Show, the oldest horse show in the United States, as well as on the Chairman’s Council of the National Sporting Library & Museum. He sits on the Investment Committee of the Charles E. Smith Jewish Day School as well as the Jewish Community Center of Greater Washington. In addition, he is a member of the Investment Management Consultants Association, as well as the United States Polo Association. Michael has a B.S. in International Finance and Marketing, with a minor in Economics, from the University of Miami.

Gary Stephani

Gary Stephani has been a financial services executive for over 25 years. As a partner with major accounting firms, Gary has a broad range of experience in providing audit and advisory services to insurance, investment, banking, real estate and other industries. From 1973 until 1984, he served as a senior manager for KPMG. In 1984, Gary moved to PriceWaterhouseCoopers, shortly thereafter becoming a partner. Gary served as lead partner on financial service companies such as AIG, SunAmerica, ULLICO and M&I Bancorp. He also served as lead partner with major insurance companies such as GEICO, Farmers, Nationwide, and Blue Cross Blue Shield. From 1990 until 2004, Gary was the leader of the insurance regulatory practice for the MidAtlantic and Southwest region. He led insurance consulting projects involving forensic accounting and asset dispositions on behalf of regulators and the National Organization of Life and Health Insurance Guarantee Associations. Gary has vast experience in advising companies on internal controls, Sarbanes Oxley, risk management, initial and secondary public offerings and reporting. In his spare time, Gary served as Chairman of the Board of Director of both the Boys & Girls Clubs of Greater Conejo Valley and of the USO of Metropolitan Washington. Gary graduated from the University of Wisconsin, is a licensed CPA, and is a member of AICPA.