He was also a member of the Financial Solvency Standards Board
, Department of Managed Care, State of California, and the Attorneys General Task Force on Charity Care.
Under the new law, the Financial Solvency Standards Board
(part of the state's Department of Managed Health Care) uses financial information to grade medical groups on four criteria: timely payment of claims; funds available to pay bills; positive, tangible net equity; and a balance sheet in the black.
Last July, in an effort to rebuild what many consider to be a broken system, the California Department of Managed Health Care appointed the first members of the Financial Solvency Standards Board
, which was created as part of landmark legislation signed by California Gov.