For Immediate Release
For more information, contact Lynn Norment Media, 312-427-3121
Richard Manson, President & CEO of SourceMark, Leads Discussion on Healthcare at Wall Street Project Economic Summit
Richard Manson, President and CEO of SourceMark, will facilitate a forum on Healthcare: Disparities and Economic Implications, at the 19th Annual Wall Street Project Economic Summit in New York, February 16-18, 2016. Hundreds of corporate executives, minority entrepreneurs and community leaders are expected to attend the Summit, which will take place at the Sheraton New York Times Square Hotel.
In 2014, households, businesses and the government spent more than $3.06 trillion on healthcare, says Mr. Manson. “People of color inherently are underrepresented in the industry, from the workforce to supply chain to corporate suites and corporate boards. The Affordable Health Care Act changed the paradigm and made healthcare more controversial and complicated. There are numerous privately and publicly-traded, self-regulated companies that generate billions of dollars in revenue and, for the most part, are free from standards and scrutiny when it comes to diversity in opportunities.”
He adds that the panel will examine the healthcare industry, its currently aggressive mergers and acquisitions, and how these realignments affect the healthcare industry for minorities. “The economic response has created a ‘new reality’ with business models that focus on increasing stockholder value while decreasing economic inclusion and the spreading of wealth.”
The Reverend Jesse L. Jackson, who with the Citizenship Education Fund founded the Wall Street Project in 1996, says the Project encourages Corporate America to recognize the value that minority entrepreneurs, vendors and consumers bring to the marketplace and ensure equal access and opportunities for culturally diverse companies, consumers and employees.
“The Wall Street Project is not an end in itself, or a means to an end, but an evolutionary process,” says Reverend Jackson. “The road to shared economic security travels through two-way trade, where all are included and none is left behind. Just as America did not realize how good professional sports could be until athletes of all colors could play, American business will not maximize its growth potential until all businesses have an equal opportunity to compete on an even playing field, where the rules are public and the goals are clear. That is the goal of the Wall Street Project.”
In 2010, Mr. Manson was named President and CEO of SourceMark LLC, a premier provider of innovative products, services and solutions to the health-care and retail pharmacy industry. “Healthcare is a multitrillion dollar industry that impacts us from birth to death,” says Mr. Manson. “The Wall Street Project Economic Summit is an opportunity to bring attention to changes and opportunities available to minority businesses.”
In addition to his leading role at SourceMark, Mr. Manson is an attorney with a distinguished legal career that spans 30 years. His private law practice represents multi-business collaborations and high-profile clients, and he has done extensive work internationally. Mr. Manson’s board affiliations include the TriState Minority Supplier Development Council, Citizens Savings Bank & Trust Company, Healthcare Supplier Diversity Alliance, and the Black Entertainment and Sports Lawyers Association.
Panelists offering their expertise during the Healthcare: Disparities and Economic Implications forum, which will take place on Wednesday, February 17, at 11:15 am, include: Fred McKinney, Ph.D., Managing Director MBE Programs, Tuck School of Business at Dartmouth College; Mark Harrison, President, Totem Enterprise Group; Elke Suber, Senior Counsel for Microsoft; Daniel R. Dawes, Executive Director of Government Affairs and Health Policy, Morehouse School of Medicine; and Nicholas Vitalari, Ph.D., author, educator and entrepreneur.
Other renown speakers during the Wall Street Project Economic Summit will include U.S. Senator Chuck Schumer, D-NY; U.S. Representative Maxine Waters, ranking member of the House Committee on Financial Services; the Honorable Michael Frerichs, Treasurer for the State of Illinois; the Honorable Scott Stringer, Comptroller for the City of New York; and Kurt Summers, Treasurer for the City of Chicago. Also confirmed to participate are John Thompson, chairman of Microsoft; Sheila Johnson, CEO, Salamander Hospitality; John Rogers, President, CEO and Chief Investment Officer, Ariel Investments; Suzanne Shank, President and CEO, Siebert Brandford Shank & Co.; Johnny C. Taylor, President and CEO, Thurgood Marshall College Fund; and Dr. Calvin O. Butts III, Senior Pastor, Abyssinian Baptist Church. Black Enterprise is media partner for the Wall Street Project Economic Summit 2016.
A highlight of the Summit will be the Wall Street Project Gala Fundraiser on Wednesday, February 17, which will feature a “Fireside Chat” with Microsoft Chairman John Thompson and a special performance by Philip Bailey, lead singer of the legendary group Earth, Wind & Fire.
For registration information on the Wall Street Project Economic Summit 2016, please go to www.RainbowPUSHWallStreetProject.org
Press seeking information to cover the Summit should contact Lynn Norment Media @ email@example.com or 312-427-3121/312-520-0146.