April 2 , 2008
Brian Derrick '82, speakerCEO, Albert Einstein Healthcare Network
Former Price Waterhouse Auditor
"Brian Derrick is a Thiel alumnus from the graduating class of 1982. While attending Thiel College he majored in Accounting and minored in Communications. He wanted to start his career in public accounting and figured he would stay in that field his whole career. After graduation he was hired by Price Waterhouse in Pittsburgh. He worked there for about 5 years and then was offered an opportunity to go into the Healthcare business for a year. He liked the Healthcare field so much he decided to stay with the company for 5 years. This was the beginning of his illustrious career in the Healthcare field."~ Cory Lamison
"Question asked: How does he manage those free care hospitals and make their budget work? Answer: First of all, he focuses a lot on the revenue cycle and billing process. There is a lot of space to increase revenue so there is no need to cut expenses. He used this way to add $10 million for one year. Secondly, he focuses on cash management and the growth, for instance, to develop a new program in the hospital."
~ Xiaodan Tang
"I asked, 'How did Thiel College impact you?' He answered, 'Well I would have to day Thiel College has wonderful professors that are really good teachers, and I really showed an interest in the business and accounting fields. The advisors were really helpful and guided me along to become successful.'"
~ Andrew Thierman
"Brian was a joy to listen to, he had a lot of insight and was a very powerful man at a young age. He became CFO of a company in his late 20s. He worked for many hospitals ranging from 150 beds to hundreds of beds. Brian is currently CEO of Albert Einstein Hospital in Philadelphia, which offers healthcare to low income families."
~ Jacob Siegel
"Lessons learned:
1. Enroll in a 401k or 403b earlier because it will help you save money and be financially set in the future.
2. Get an advanced degree before the age of 30, or it more than likely will not happen.
3. Learn how to get your point across, otherwise you might lose an opportunity that could have been a good career choice."
~ Jennifer Keopka