FinMeetUps presents

Contemporary Challenges in the Financial Management of Hospital Care Providers

October 19, 2017, Grand Hotel Sofia

For the first time in Bulgaria the conference will address the key challenges financial and administration managers of the Bulgarian hospitals are facing in their day-to-day work. This forum will bring together proven professionals to discuss topics such as the cost of medical services per patient, performance based additional remuneration, the standard for health information.

Join us to be part and to enjoy the in-depth discussions with professionals solving the same issues as you do.


08:30 – 09:00
Registration and coffee
09:00 – 09:15
Official opening

and welcome of the Deputy Mayor of Finance and Business Activities of Sofia Municipality
Mr. Doncho Barbalov

09:15 – 10:00
Determining the cost of medical services at patient level

Basic rules, methodologies, sharing of international experience
Mag. Christoph Baldinger

10:00 – 11:00
Presentation of the average financial indicators of the hospitals in Bulgaria

Financial statistics based on the official reports of the healthcare facilities. Allows you to compare your financial results with the average values ​​of the market
Mr. Zhivko Ivanov

11:00 – 12:30
Opportunities for funding under European and national programs

Mr. Jonathan Gomez-Raha, Ms Tanya Roussovska and representative of PIC Badeshte AD

12:30 – 13:30
Working lunch
13:30 – 14:15
Standard for Health Information

Only a few weeks remain until the end of the grace period for the implementation of the newly adopted standard for health information. The Contemporary challenges for healthcare establishments. (ORDINANCE No. 11 of 4 November 2016 on the validation of health information standards applied by the medical institutions)
Maria Radeva

14:15 – 15:00
Systems and Methods for Allocating Additional Remuneration to medical doctors

Share international experience
Mag. Christoph Baldinger


Send us your questions and comments on the topics of the day via Twitter too, using the #finmeetups hashtag


Doncho Barbalov

Deputy Mayor of “Finance and Economic Activity”, etc. Deputy Mayor of “Sofia Municipal Healthcare”

MBA degree in Business Administration from Seattle-Washington City University. With qualifications of Systematic Financial Modeling and Equity Transactions received in London by the EBRD, and qualifications received in Washington under the leadership of World Bank teams and capital market regulation. Deputy Mayor Barbalov has accumulated experience as a senior banker in the municipal infrastructure and environment of the European Bank for Reconstruction and Development (EBRD). He has also worked as a Project and Infrastructure Specialist at the World Bank and a US Agency for International Development (TI CASA) project specialist.

Doncho Barbalov

Deputy mayor on Finance and Municipal Healthcare

Jonathan Gomez-Raja

Head of RDI Department at FundeSalud, Junta de Extremadura
Universidad Politécnica de Madrid

PhD in Microbiology from University of Extremadura (Spain) and Postdoc at the University of Minnesota (USA). Additionally, he is Master in International R&D programs management from the Polytechnic University of Madrid (Spain). He is an expert in Genetics and Molecular Biology and his research has been focused on human fungal diseases. He has developed his career in USA, India, Germany and Spain. Author of several articles published in scientific journals as well as book chapters. He has participated as researcher and principal investigator in several research projects and coordinator in both national and international scientific activities. He has also received several postdoctoral fellowships and other awards by the Regional Government and the Federation of European Microbiological Societies; FEMS. He has been adjunct professor at the University of Extremadura and currently holds the position of Head of RDI Department at FundeSalud (Government of Extremadura). His principal aim is to promote research, innovation and internationalization in the health and social system in the autonomous region of Extremadura.

Jonathan Gomez-Raja

Head of RDI Department at FundeSalud, Junta de Extremadura

Christoph Baldinger

Managing partner at “Baldinger & Partner”

Christoph Baldinger is Managing Partner at Baldinger & Partner, a Vienna based tax and management consulting firm with a special focus on clearing services for medical first-class fees.

He studied at Vienna University of Economics and Business as well as at Stockholm School of Economics and holds professional licences for Certified (Austrian) Tax Consultant and Certified (Austrian) Public Accountant.

He has more than ten years of experience in tax and financial controlling projects varying from the medical and pharmaceutical sector to outsourced entities of the public sector as well as charitable and other non-profit organizations.

Christoph Baldinger

Managing partner at “Baldinger & Partner”

Maria Radeva, PhD

Assistant professor in the Law Faculty of Ruse University

Maria Radeva, PhD is a Master of Law (1998) and Master of Master Public Health and Health Management (2008).

In 2014 she takes a doctor’s degree. She is an Assistant professor in the Law Faculty of Ruse University and gives lectures on Social Security Law, Medical Law, Social and Health Legislation.

Between 2003 and 2010 she is a legal adviser in Ruse Regional Health Insurance Fund. She is a lawyer in the field of Administrative Law and Administrative Procedures, Labor Law and Social Security Law, Medical Law.

She is an author of two books and more than 40 articles and reports.

Maria Radeva, PhD


Jivko Ivanov

Managing Partner, Simbula

I am a manager and entrepreneur with extensive experience in finance, accounting, tax advisory and venture capital.

Prior to establishing Simbula, I have gathered experience in the financial management of a number of companies in the healthcare, financial services and IT sectors. Among others I have been Head of Finance and Accounting Department of Tokushukai-Sofia, Member of the Board of Directors of Tokuda Hospital Service, Procurator of Tokuda Hospice, CFO of ProDuCt – Project Development Consulting, and Member of the Supervisory Board of Cooperative Clinical Drug Research and Development (CCDRD), based in Berlin, Germany, etc.

I am also a Co-founder of TIDIT, Clarion Ventures, and Bulgarian Business Angels Network.

I hold two Master Degrees – in Financial Management and in Bank Management and have taken a number of post-graduate trainings in Corporate Finance, Financial Analysis, Strategic Management, Project Management, Financial Planning and Modelling in Bulgaria, Japan and Germany.

Jivko Ivanov

Managing Partner, Simbula

Teodora Petrova

Business Development Manager, Simbula

Teodora Petrova is Business Development Manager and Partner in the consulting company Simbula. She has profound experience as an Investor Relations Director and Financial analyst at companies, working in different fields of the economy.

She has a Master Degree in Business Administration with a specialization in Strategic Management and a Bachelor Degree in International Economic Relations. She has taken a number of post-graduate courses in Corporate Finance, Global Management and Leadership, Assessment of Investment Projects, Project Management, Health Technology Assessment, etc. in Bulgaria, Japan and Cyprus. She has publications focused on personalized medicine and budget impact analysis.

Teodora Petrova

Business Development Manager, Simbula

Tanya Rasovska

Master of Economics with postgraduate qualifications in the field of European funding. She has accumulated more than 10 years of experience in the Structural Funds of the Republic of Bulgaria as:

  • Evaluator of project proposals in HRD OP and OP RSD;
  • Head of Department for Contracting of European Projects under OPDD;
  • Project manager of a BGN 51 million project under the HRD OP – in the field of training;
  • Project Coordinator under the HRD OP – in the area of ​​employment and in the sphere of the social-health services;
  • Develops project proposals under the “Smart Growth Science and Education” Operational Program – the latter was submitted for the construction of a Center for Excellence in the field of health and biotechnology industry for BGN 70 million;
  • Develops project proposals under the Operational Program “Innovation and Competitiveness” in the field of health care industry and others;
  • Develops project proposals under the Operational Program “Human Resources Development” – in the field of employment, social activities, etc.
  • Participates in the development and implementation of projects under different national programs;
  • Develops projects to various donor programs.

She is working at Simbula Ltd. as Head of European Projects department.

Tanya Rasovska

European projects expert

Who should attend

Professionals, holding following positions in public and private hospitals will find the conference interesting.


Registration is over. Thank you for your interest and participation. See you next time.





Simbula was established in 2010 as a specialized accounting company, which offers professional accounting services and consultancy for companies operating in different sectors of the economy. Our mission is to develop long-term business relationships with our customers and to contribute for the successful development of their business. Financial and accounting company Simbula works under conditions of complete confidentiality.

45 Batcho Kiro Str., Sofia 1202, Bulgaria
tel.: +359 882 926 256,

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Grand Hotel Sofia

All events are accompanied by the prestigious Grand Hotel Sofia welcome, impeccable service and the latest technology.

1 Gurko Str., Sofia 1000
+359 2 811 0811