Healthcare >> Sector Roundtables >> May 1, 2000

Roundtable Forum: Managed Care Industry

WILLIAM S. MCKEEVER is a Managing Director in the healthcare services group at UBS Warburg Equity Research. He is a member of the Institutional Investor All-American Team for Healthcare Services. He specializes in covering health maintenance organizations (HMOs). Prior to joining PaineWebber in 1998, Mr. McKeever was an Analyst with Schroeder & Company. Prior to joining Schroeder in 1994, he was with Kidder, Peabody. Mr. McKeever holds an MBA from the Wharton School at the University of Pennsylvania and a BA from Denison University. Profile
LAWRENCE C. MARSH is a Senior Vice President in the Equity Research Department of Lehman Brothers. Prior to joining the firm, he served as a Director in Equity Research at Salomon Smith Barney and as a Managing Director in Equity Research at Wheat First Butcher Singer. Mr. Marsh earned both his Bachelor's degree in Management and his MBA from the University of Richmond. A Chartered Financial Analyst and Member of the NYSSA, he was also selected for and completed the Harvard Business School Financial Management Series Valuation. Profile
EDMUND E. KROLL is a Managing Director with S.G. Cowen Securities Corp. Previously, he was associated with Furman Selz and Lehman Brothers. He holds a Bachelor's degree in Economics from Rutgers University and an MBA in Finance from Indiana University. Mr. Kroll is also a Certified Public Accountant. Profile
DAVID SHOVE is a Senior Managed Care Analyst at Prudential Securities Inc., where he is a member of the Prudential Vector Healthcare Group. Prior to joining Vector, Mr. Shove was Managing Director and Head of Healthcare Services Research with Nesbitt Burns Securities, and co- Director of Research and Senior Healthcare with Fox-Pitt, Kelton, Inc. Before coming to the securities industry, he was a strategic planner with MetLife and Director of Managed Care Development with Empire Blue Cross and Blue Shield. He began his professional career as an Attorney for UNUM Life Insurance, now UNUM/Provident. Mr. Shove received a BA in Philosophy from the University of Southern Maine and a JD from the University of Maine School of Law. Profile
TWST: Let's begin by taking a look at the legal challenges that the

managed care industry faces and address why the risks associated with

potential litigation are of such concern to investors.