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Medical Solutions Management Inc. Appoints Kenneth M. Fischer as Chief Financial Officer.


MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890. , Mass. -- Medical Solutions Management Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: MSMT) announced today the appointment of Mr. Kenneth M. Fischer as its Vice President of Finance and Chief Financial Officer.

Mr. Fischer is a Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 and has over 20 years of executive level experience working for global companies. Mr. Fischer most recently acted as an independent consultant providing financial advisory services to start-ups, a foreign-based company with U.S. operations, and a not-for profit research institution.

Mr. Fischer was formerly the Chief Executive Officer of the North American operations for Lurgi Lentjes, AG, which provides engineering and construction for the electric utility industry. Prior to this appointment, he spent over ten years with Babcock Borsig Capital Corporation (f/k/a Deutsche Babcock), a German based U.S. financial services holding company, as President and Chief Executive Officer and Vice President, Finance and Treasurer. BBCC's businesses included engineering, manufacturing and construction, primarily for the electric utility industry, and manufacturing, processing, and distribution companies.

Mr. Fischer joined BBCC to establish centralized treasury, tax and accounting/reporting functions for the U.S. group. He led more than half a dozen acquisitions and dispositions, and initiated financial restructuring.

Prior to BBCC, Mr. Fischer worked for Bruel & Kjaer Instruments, Inc., the U.S. subsidiary of a Danish company, as Chief Financial Officer and part of a new team to return the company to profitability. B&K produced medical ultra-sound equipment, and other electronic sound and vibration diagnostic instrumentation. Mr. Fischer was also a Manager with KPMG Peat Marwick with experience in both the audit and tax departments.

Mr. Fischer earned a BA in Economics from Providence College, an MBA from Babson College, and an MS, Taxation from Bentley College. He also attended the Advanced Management Program at Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . He is on the Executive, Finance, and Corporate Relations Committees of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors.  at The Schepens Eye Research Institute, an affiliate of the Harvard Medical School Harvard Medical School (HMS) is one of the graduate schools of Harvard University. It is a prestigious American medical school located in the Longwood Medical Area of the Mission Hill neighborhood of Boston, Massachusetts. , and a member of the AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
, MSCPA MSCPA Massachusetts Society of Certified Public Accountants
MSCPA Missouri Society of Certified Public Accountants
MSCPA Maine Society of Certified Public Accountants
, and Financial Executives Institute.

Brian D. Lesperance, President of Medical Solutions Management Inc., stated "We are pleased to have Mr. Fischer on the team, his experience and background will allow Ken to make an immediate impact on the business".

About Medical Solutions Management Inc.

We are a provider of orthopedic and podiatric durable medical equipment Durable medical equipment is a term of art used to describe certain Medicare benefits, that is, whether Medicare may pay for the item. The item is defined by Title XVIII the Social Security Act:

, specializing in the provision of services using our turnkey program. Through the turnkey program, we enable orthopedic and podiatric practices to dispense an array of durable medical equipment directly to their patients during office visits. The system, which is transportable to other types of medical practices, also provides billing services, inventory management and insurance verifications. For more information, contact us at (508) 597-6300.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 27, 2006
Words:448
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