Fixing Healthcare: A CFO's Playbook for Reclaiming $1,000–$4,000 Per Employee

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How does a professional drummer who toured with Heart and mixed for U2 end up becoming the Validation Institute's 2025 Benefits Advisor of the Year? In this episode, Rishi sits down with Donovan Pyle — CEO of Health Compass Consulting and author of Fixing Healthcare — to expose why healthcare has become the fastest-growing financial risk on construction P&Ls, and what CFOs can actually do about it. US employers spent $1.3 trillion on healthcare in 2024 — and roughly 25% of it, about $4,000 per employee per year, was pure waste. For a 100-person contractor running 2–3% net margins, that waste eats jobs. Donovan breaks down the hidden machinery: why legacy brokers get paid more when your costs go up, why most PBM contracts say the vendor has no obligation to act in your interest, and why "healthcare just goes up every year" is a story the industry tells to keep you out of the room. Inside the conversation: * The structural conflict of interest baked into the broker model (and why it's technically a prohibited transaction under federal law) * The Johnson & Johnson case: a $10,000/month drug that cost $78 in cash * How a teachers union saved $3.6M by replacing one PBM — and how Blue Wave turned a 34% increase into a cost reduction * The fiduciary storm under the Consolidated Appropriations Act, and the personal liability CFOs don't know they carry * The Rosen Hotels playbook: $500M+ saved since 1991 with zero-deductible, value-based plan design * A Monday-morning action plan: pull your contracts, demand 408 compensation disclosures, and build a strategy instead of buying a plan Whether you're a construction CFO, HR leader, or any executive tired of watching your second-largest expense erode your margin, this is a roadmap for taking back control. Learn more about Donovan's work at healthcompassconsulting.com and fixinghealthcare.com. #FixingHealthcare #ConstructionCFO #EmployeeBenefits #HealthcareCosts #FiduciaryDuty #CFMA #FinanceAtTheJobsite

Lawyers on the Jury, $1M Legal Bills, and a Parking Garage Collapse — Brent Zimmerman on How Contractors Win (and Avoid) Disputes

What does it take to go from construction trial lawyer to Chief Legal Officer of a billion-dollar electrical contractor — and what do you learn about construction from inside the courtroom that most executives never see? Brent Zimmerman knows. In this episode of Finance at the Jobsite, Rishi Srivastava sits down with Brent Zimmerman — Chief Legal Officer and Assistant Secretary of Miller Electric Company, Board Certified in Construction Law by The Florida Bar, and a former construction litigator who spent 15 years representing owners, contractors, subcontractors, suppliers, and sureties before going in-house. Brent takes us inside the rooms most people never see: mediations with 20–25 parties and 100+ people in a hotel convention center, a parking garage collapse during a concrete pour that killed a worker and triggered roughly $150M in bodily injury claims and $40M in property damage, and the two trials where he deliberately seated lawyers on the jury — and won both. We get into: – Why contemporaneous documentation is the single biggest factor that decides construction disputes — and why "he said, she said" is a roll of the dice– The first question Brent asks every client: "What's the other side going to say you did wrong?"– Litigators vs. transactional lawyers — and why a litigator sees risk differently– The early warning signs a project is headed to litigation: compounding payment delays and GCs stockpiling change orders for end-of-job horse trading– Brent's economic rule of thumb: don't litigate without at least $1M in dispute — because serious construction trials cost over $1M in fees and experts, and fewer than 5% of cases ever reach trial– Why "money is no object" never survives the second $30–50K monthly legal bill– Why mediation is your last chance to control the outcome — and why the Suits line "going to trial is rolling dice" is the only accurate thing in that show– Elected vs. appointed judges, burden of proof in civil cases, and why 95%+ of construction contracts waive jury trials– AI in construction disputes: faster document review, hallucinated case citations, and why litigation costs aren't coming down– The one habit that keeps contractors out of court: great contemporaneous records — always, not just when things go bad If you're a contractor, CFO, or project executive who'd rather make money than sit in depositions, Brent's playbook — get the work, do the work, get paid, and document everything — is the masterclass. ━━━━━━━━━━━━━━━━━━━━ 👤 ABOUT THE GUEST — Brent Zimmerman is the Chief Legal Officer and Assistant Secretary of Miller Electric Company, a billion-dollar electrical contractor headquartered in Jacksonville, Florida, where he oversees all legal affairs — contracts, risk management, bonding and insurance, M&A, compliance, and dispute resolution. Before going in-house, Brent spent 15 years in private practice as a construction litigator, representing owners, developers, contractors, subcontractors, suppliers, and sureties in state and federal courts and arbitration. He is Board Certified in Construction Law by The Florida Bar and AV Preeminent rated by Martindale-Hubbell. 🔗 LinkedIn: https://www.linkedin.com/in/brentzimmerman [https://www.linkedin.com/in/brentzimmerman]🌐 Miller Electric: https://www.mecojax.com [https://www.mecojax.com] ━━━━━━━━━━━━━━━━━━━━ 🎙️ ABOUT FINANCE AT THE JOBSITE: Finance at the Jobsite is the podcast where construction CFOs, COOs, and operators share the hard-won lessons behind building profitable construction businesses. Hosted by Rishi Srivastava, founder of Beiing Human. 🔔 SUBSCRIBE for new episodes every week👍 LIKE if this episode helped you💬 COMMENT with your biggest takeaway

5 de jun de 202649 min

Fixing Healthcare: A CFO's Playbook for Reclaiming $1,000–$4,000 Per Employee — with Donovan Pyle

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