Healthcare >> Sector Roundtables >> December 14, 1998

Roundtable Forum: Practice Management Industry

WILLIAM J. MICHALAK is a Vice President of Research with Interstate/Johnson Lane. Previously, he was associated with Specialty Care Networks, Home Care/Managed Care Consulting, Health care Options, Healthmaster Health Plans, and Robinson Humphrey. He also held various positions on the buy side as a Health Care Services Analyst. Mr. Michalak holds a Bachelor's degree in History from Villanova University and an M.B.A. in Finance from Long Island University. He is also an Adjunct Professor at Emory University. Mr. Michalak has three children and includes reading, swimming, cooking, and coaching youth sports among his personal interests. Profile
MARGOT DUROW is a Vice President, Health Care Services at Vector Securities International. Previously, Ms. Durow was associated with CIGNA and J.C. Bradford. She received her MBA in finance from Rutgers University. Ms. Durow includes reading, swimming, roller blading, and bicycling on the lake front in Chicago among her personal interests. Profile
KEN R. LAUDAN is a Senior Vice President at George K. Baum & Co. Previously, he was associated with Montgomery Securities, Hambrecht & Quist, and Humana. Mr. Laudan received his Bachelor's degree in finance from Kansas State University. He is also a member of the Kansas State University Finance Advisory Board. Mr. Laudan is married, has one child, and includes tennis, running, and spending time with his daughter among his personal interests. Profile
CRAIG DICKSON is a Senior Vice President and Senior Equity Research Analyst at EVEREN Securities, Inc. Previously, he was associated with Interstate/Johnson Lane, Rauscher Pierce Refsnes. He was also with the Illinois Cancer Council in medical research. A Chartered Financial Analyst, Mr. Dickson received his Bachelor's degree in English and Master's degree in public health from the University of Michigan and his MBA from the University of Chicago. Profile
TWST: What in your view are the factors that have contributed most to

the beating that the practice management stocks have taken in 1998?

Mr. Dickson: There have been a variety of macro and