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Joseph Foley has been the Chief Financial Officer of Delaware Claims Processing Facility (“DCPF”) since 2007, and was the intuitive choice for CFO of NextClaim. Joe has created and modernized the critical cost-sharing protocols the DCPF needs to ensure equitable cost allocation and seamless external audits and tax preparations for all entities the DCPF represents. Joe is also responsible for all claim payments the DCPF processes for the trusts. Joe’s leadership, integrity, attention to detail, and love of numbers has elevated the DCPF’s finance functions to the highest standards of trustworthiness, transparency, and rigor. A CPA, Joe earned his Series 7 Certification between 1987-1990, and his MBA in Finance from Drexel University in 1995. He started his career as a Staff Auditor at the Prudential Insurance Company, then a Controller at Metpath, Inc. In 1994, Joe became Corporate Controller for Qualmed Plans for Health, Inc. in Philadelphia before accepting Coventry HealthCare of Delaware, Inc.’s invitation to become Divisional CFO in 1996.Joe made his debut in the settlement claims world in 2001, when he became the Chief Financial & Operating Officer of AHP Settlement Trust in Philadelphia. Joe’s continued leadership will help NextClaim’s financing and accounting teams transition smoothly into processing broader types of settlement claims.
Delaware Claims Processing Facility
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Chief Financial OfficerDelaware Claims Processing Facility May 2007 - PresentWilmington, Delaware• Established initial cost-sharing protocols to assure the fair and equitable allocations of costs to each trust. • Continue to integrate additional trusts and fee-for-service customers into an allocation process as needed, while maintaining original staff levels.• Established policies and procedures to assure proper controls over all financial aspects of operations.• Liaison to the external financial audit team and tax preparers for the DCPF and associated trusts, with a record of not having any Management Recommendation Letters after year one.• Processed payments of over $14 billion to qualified claimants, for fourteen different entities, dealing with three different banks.• Assisted in pricing and strategizing for various contract proposals.
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Chief Financial Officer/Chief Operating OfficerAhp Settlement Trust 2001 - 2007 -
Divisional Chief Financial OfficerConventry Health Care Of Delaware 1996 - 2001
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Corporate ControllerQualmed 1994 - 1996Philadelphia, Pa
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Divisional ControllerMetpath, Inc. 1988 - 1994Trevose, Pa
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Staff AuditorPrudential Insurance 1985 - 1988Fort Washington, Pa
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Frequently Asked Questions about Joseph Foley
What company does Joseph Foley work for?
Joseph Foley works for Delaware Claims Processing Facility
What is Joseph Foley's role at the current company?
Joseph Foley's current role is Chief Financial Officer Delaware Claims Processing Facility.
What is Joseph Foley's email address?
Joseph Foley's email address is jo****@****uth.net
What is Joseph Foley's direct phone number?
Joseph Foley's direct phone number is +185695*****
What schools did Joseph Foley attend?
Joseph Foley attended Drexel University - College Of Business And Administration, Saint Joseph's University, La Salle College High School.
What skills is Joseph Foley known for?
Joseph Foley has skills like Process Improvement, Financial Analysis, Payroll, Mergers, Microsoft Excel, Strategic Planning, Mergers And Acquisitions, Program Management, Leadership, Healthcare Information Technology, Management, Quality Assurance.
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Joseph Foley
Chief Financial Officer | Director Of Business Operations At Cannasure Insurance Services, A Subsidiary Of One80 IntermediariesGreater Cleveland3hotmail.com, leaguepark.com, ccf.org3 +121645XXXXX
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