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Healthcare Revenue Cycle Expert Steve Lutfy Joins FTI Consulting as a Senior Managing Director

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FTI Consulting (NYSE: FCN) has appointed Steve Lutfy as Senior Managing Director in its Health Solutions practice. Lutfy brings over 40 years of experience in healthcare revenue cycle management, previously leading a large accounts receivable outsourcing center recognized five times as Best in KLAS. His strategic vision is expected to enhance FTI's client services in optimizing revenue cycle processes. The firm generated $2.46 billion in revenues during fiscal year 2020, and continues to expand its expertise in managing complex business challenges.

Positive
  • Appointment of Steve Lutfy, an expert in healthcare revenue cycle solutions, strengthens FTI's Health Solutions team.
  • Lutfy's extensive experience is expected to enhance client services and improve revenue cycle management.
  • The firm has a strong financial performance with $2.46 billion in revenues for fiscal year 2020.
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  • None.

WASHINGTON, Oct. 25, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of healthcare revenue cycle expert Steve Lutfy as a Senior Managing Director in its Health Solutions practice.

Based in Columbia, S.C., Mr. Lutfy brings more than 40 years of experience providing and implementing revenue cycle solutions to clients across the healthcare continuum, from academic medical centers to health systems. He specializes in leading, developing and optimizing healthcare revenue cycle processes and workforce members to improve net revenue capture and accelerate cash collection at maximum economic value.

“Steve is a strong leader and change agent with a passion for client service and a proven track record driving results,” said David Benn, a Senior Managing Director and Leader of the Revenue Cycle Management offering within the Health Solutions practice at FTI Consulting. “His experience coupled with his strategic vision of the revenue cycle will be of great value to our clients. It is my pleasure to welcome him to the firm.”

Prior to joining FTI Consulting, Mr. Lutfy was the founder and leader of a 1,000-seat accounts receivable third-party outsourcing center at a Big Four consulting firm. The center won Best in KLAS for Extended Business Office services five out of the past 10 years. Previously, he spent nearly 18 years leading revenue cycle operations at various South Carolina-based hospitals and health systems.

Commenting on his appointment, Mr. Lutfy said, “Having worked on both sides of the desk, I pride myself on being able to bring a unique perspective to clients’ varying revenue cycle needs, and I am pleased to have the opportunity to leverage my background as a member of FTI Consulting’s Health Solutions team.”

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 6,400 employees located in 29 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.46 billion in revenues during fiscal year 2020. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
555 12th Street NW
Washington, DC 20004
+1.202.312.9100

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com


FAQ

Who is Steve Lutfy and what is his role at FTI Consulting?

Steve Lutfy has been appointed as Senior Managing Director in the Health Solutions practice, bringing over 40 years of experience in healthcare revenue cycle management.

What experience does Steve Lutfy have in healthcare revenue cycle management?

Lutfy has led significant revenue cycle operations, including a 1,000-seat outsourcing center recognized for excellence in services.

What was FTI Consulting's revenue in fiscal year 2020?

FTI Consulting generated $2.46 billion in revenues during fiscal year 2020.

How will Lutfy's appointment impact FTI Consulting's services?

His experience is expected to enhance FTI's ability to optimize revenue cycle processes and improve client outcomes.

FTI Consulting, Inc.

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