Healthcare Practice Management & Consulting Services | 800-433-1439 | |
B C S, I n c o r p o r a t e d
B R O A D S T O N C O N S U L T I N G S E R V I C E S
H E A L T H C A R E P R A C T I C E M A N A G E M E N T A N D C O N S U L T I N G S E R V I C E S
Practice Implementation
Detailed Analysis · Payer Contracting Provider Credentialing · Billing · Coding Patient Accounting Comprehensive Reporting Reimbursement Analysis Compliance Auditing
BCS, Incorporated
Healthcare Practice Management and Consulting Services 400 East 10th Street Waconia, Minnesota 55387-4552 800-433-1439 BCSConsult.com B C S, I n c o r p o r a t e d
B R O A D S T O N C O N S U L T I N G S E R V I C E S
H E A L T H C A R E P R A C T I C E M A N A G E M E N T A N D C O N S U L T I N G S E R V I C E S
Since 1984, BCS, Incorporated has been working exclusively in the healthcare environment. Our initial area of focus was that of the day to day issues of hospital Patient Accounting and Administrative operations. On-Site Hospital Patient Accounting Services and our Hospital Business Operations Educational Workshops, in-services, and seminars backed our success. Our continued growth allowed us to develop the nation's largest CRNA (Certified Registered Nurse Anesthetist) Practice Management Service. The value of the services of BCS is also well entrenched in the areas of Physician Practice Management, displaying a proven track record as a valued consulting resource in healthcare practice consulting issues and concerns. Today, BCS manages millions of dollars each year in patient accounts receivable in over 40 states across the US from a wide variety of healthcare providers and institutions. BCS also welcomes the opportunity to bring our proven practice management techniques and innovative designs of service to the on going practice and patient accounting needs of the Physician Practice and today's healthcare facility. BCS has experience in managing physician practices in numerous specialties such as General Surgery, Vascular Surgery, Pediatrics, Psychiatry, as well as Anesthesia. Furthermore, BCS also provides consulting services to the administrative and financial operations of many healthcare facilities and health systems and in some instances manages the patient accounting and professional services charge capture of entire departments within facilities such as anesthesia. BCS is the Only Organization of Its Kind
Healthcare Practice Management & Consulting Services
The Practice Management Services of BCS are virtually tailored to your practice's requirements and entirely ready and operational at this very moment. BCS is a 24/7 operation, allowing clientele access to many of our technology and operational functions at ay time. The human expertise of BCS originates 100% from within the US. We do not "do offshore." Our operations for healthcare practices nationwide include important aspects such as our comprehensive Patient Accounting Services, Certified and Degreed coding staff and consulting personnel, Detailed Cash Management, ePractice and ePatient Solutions, including important details such as toll free access by your patient community to our Patient Account Representatives. BCS covers all aspects of practice management operation such as the unpredictable costs associated with postage, form requirements, transmission costs, and even envelopes and return mailing envelopes as a convenience to your patients. BCS continues to prove our value in providing an experienced payer/provider credentialing staff who's primary focus is set on the details of provider credentialing and providership
Our unique approach to Practice Management development and ongoing design truly displays that we are the “only organization of our kind.” Our Practice Management Services as well as our Consulting Services will free your administrative team from the ever costly and time consuming patient accounting functions and analysis and ever growing reimbursement issues. Keeping them balanced and on track for your practice’s or department’s success. BCS has been successful in establishing ourselves as a true dedicated member of the healthcare management team. On behalf of our clientele we have secured many quality reimbursement contracts with numerous managed care organizations and commercial knowledge base and our dedication to you, the HealthCare management team. This is what we believe classifies BCS as the only organization of its kind.
Practice Management Services in Detail
Our Practice Management Services provide all that is needed to effectively, cost consciously, and professionally manage your patient accounts receivable. Our proven operations will maximize your cash flow, while maintaining an acceptable accounts receivable balance with a quite tolerable A/R days outstanding. BCS has a historical reputation of maintaining an average overall A/R Days Outstanding of 48-59 days. BCS utilizes the most advanced computer and communication systems available to link you to our Processing Center. Your office can provide all patient billing data via our toll free FAX Communication Network, utilize our eAPR/eMPR systems via our secured website, or in larger volume practices, BCS Information Systems Analyst will work with your IT Staff to facilitate electronic data transfers via secured FTP upload or downloads or other secured data transfer methods. No postage, no mailing lag time, generally your patient accounts are well on the way to completed processing within 48 hours of receipt...safe... secure... and confidential. Upon receipt, BCS staff will review the Patient Record data for completeness, and create the electronic patient record within the BCS system. Our staff will then perform all necessary CPT-4 and ICD9-CM coding by a degreed Medical Records Director and staff, admit the patient account to the BCS PASS Patient Accounting System. On an average, more than 90% of the professional charges are processed electronically to the nation's third party payers, those requiring paper claim submission formats are processed as well. In those instances where the patient does not have or does not provide any third party payer information, we will process those charges directly to the patient. BCS will even provide processing to all secondary carriers as a service to you and your patient community. BCS provides all that is necessary; toll free access, coding, forms, secured online access to patient accounts for your patient community, statements, envelopes, postage costs....and more, all at an inclusive single cost to you. No additionally processing costs are passed on to you. With BCS’s advanced technology, and comprehensive staff, all statistical data, cash flow data, and accounts receivable data is available instantaneously and is also reviewed by numerous BCS staff daily, weekly, and capsulated monthly in our practice recap sent to you each month. All reporting is done in a secured electronic standard Excel format with paper reporting when requested.
On-Line Claims Processing - EDI
Electronically processing professional services claims to the respective third party payers is a must
Our EDI, Electronic Data Interchange Network, continues to expand daily coupled with our ongoing system upgrades. Our utilization of our proprietary electronic claims processing system, PassDirect, allows us to edit claims closely prior to their delivery either electronically or in paper format to the third party payer, whichever format the payer requires. In line with our commitment to your practice of providing and utilizing the most innovative technology available, our PassDirect system is constantly evolving to achieve the fastest claims turn around time available. There is essentially no Medicare, Blue Cross, or Medicaid plan in the nation in addition to nearly every commercial third party payer that our PassDirect system cannot access. Electronic claims processing often times allows for payment of your charges within 7—21 days of receipt by the payer, compared to 45-55 days if the charges are prepared in the traditional paper format.
Consulting Services in Detail
Facility or Group Practice Consulting Services
The Practice Consulting Services of BCS are comprehensive, detailed oriented, and committed to results.
You can rest assured that BCS will work along with your administrative team to assist in resolving whatever issues are at hand. Whether onsite or via our in-depth data gathering processes, BCS will evaluate, and compile the appropriate practice data to secure recommendations to your concerns and more than likely point out several other issues that you and your team may not have been aware of. BCS’s unique background, exposure, and access to the resources of BCS's Practice Management Systems gives us a true insight into the many issues that face healthcare practices today. BCS has years of experience in negotiating with third party payers to achieve an equitable end result. BCS puts this experience to work for each of our clients. Our consulting Services can consist of short or long term objectives with several phases of implementation as well as resolving simpler issues more easily. BCS’s Consulting Fee structure is unique in that, following an initial consultation, a general project quote can usually be made which will allow for true cost effective use of an outside resource such as BCS. Our Financial Impact Study process has been put to the test in nationally recognized teaching facilities, urban healthcare centers as well as rural healthcare facilities across the nation. Departmental or practice evaluation and valuation, as well as profitability in facility practices, physician practices, or allied healthcare practice issues can be addressed very effectively by BCS. Often times an outside expert's opinion such as BCS is quite beneficial to resolve internal issues. BCS has worked extensively in the areas of “re-designing” healthcare providers’ relationships with the facility where they provide their services. Although not a legal representative, BCS has a unique insight into the complexities that surround the implementation and ongoing nature of a healthcare provider’s practice. From Practice Management Evaluation and Implementation of alternatives and innovative solutions, BCS is the key to success and should be at your side at the decision making table.
BCS Continues to Expand Facility Owned Anesthesia Practice Management Services ![]() Although private anesthesia practice management makes up the bulk of the BCS clientele, BCS continues to find itself providing the same comprehensive practice management services to healthcare facilities nationwide. In this practice scenario, BCS contracts with a healthcare facility to provide all business aspects of a facility’s anesthesia department. This includes of course, practice evaluation, coding and billing functions, third party payer processing and patient account contact and follow-up. The expertise of BCS to provide these services in a cost contained mode with proven success coupled with the access to the private practicing fee schedules this type of practice scenario has to offer are quite attractive to today’s healthcare facility executives. Healthcare executives who are constantly searching for additional revenue sources to offset ever increasing operational costs. Many executives do not realize the gain that may await them in moving to this type of practice scenario. If the current anesthesia providers are not interested in private practice and wish to further support their position with their facility executives, this is one of the best methods to do so. BCS now manages these types of practices in many states across the US. Questions about BCS’s Anesthesia Department Practice Management Services should be directed to BCS President, Lee S. Broadston or BCSConsult.com
Make it a Point to Visit BCSConsult.com
Be sure to visit us on-line at BCSConsult.com many resources are available to potential BCS clientele as well as current clientele. Recent industry news, public and private policy developments are highlighted for up to the minute information that is important to your practice regardless of your practice environment. Find out what is happening in the field of healthcare practice management, procedure and diagnosis coding, reimbursement and managed care contracting issues. The Upcoming Events Section of BCSConsult.com features upcoming speaking and educational events either sponsored by, or featuring BCS experts. BCSConsult.com also allows clientele to access a secured side of the site to obtain last minute practice specific data regarding their practice. Clientele can now even submit billing data directly to BCS via the HIPAA secure side of BCSConsult.com via our eAPR and eMPR systems. You can also access the key BCS Employee Directory and email directly to key BCS staff members or obtain their direct dial toll free telephone and secure personal fax numbers.
New Group Members to Existing Clientele
Register On-Line at BCSConsult.com
BCS continues to enhance our website to accommodate the needs of our clientele. We have a special section on the secure side of the site that is designed to assist new providers or new group members in gathering all that is necessary for the detailed credentialing process managed by BCS. Simply log on to the net and access BCSConsult.com and click on the BCS Provider Registration link. By completing this on-line document you automatically send this data directly to the BCS Credentialing Administrator. This feature of the BCS site is available 24 hours per day and 7 days per week.
Now Is The Time
BCS Inclusive Practice Management Services
Profile of BCS President - Lee S. Broadston
Summary
During the past 24 years, advancement has been made from being employed by a single aspect of the healthcare industry providing consulting, educational, and productive solutions to the healthcare marketplace; to becoming an employer in the healthcare industry producing a multiple level of comprehensive practice management, consulting, educational, and resource services. Services that are available to all types and levels of providers within the healthcare industry resulting in the production of positive solutions for the demands of today’s ever changing healthcare marketplace. Solutions that include comprehensive multi-specialty healthcare practice management and consulting services in over 40 states nationwide, educational lecture series to local, state, and national healthcare associations, and BCS corporate sponsored events, related authored and published articles and publications, and individual in-depth professional group and hospital consulting studies and analysis throughout the United States, as well as negotiations in employment, independent practice, hospital and professional healthcare provider reimbursement, and contracted healthcare services. Professional Outline
President/Chief Executive OfficerBCS, INCORPORATED / BROADSTON CONSULTING SERVICES, INCORPORATED HEALTHCARE PRACTICE MANAGEMENT AND CONSULTING SERVICES As the Chief Executive Officer and President, Lee S. Broadston created BCS in 1984 to develop a unique approach to the ever changing hospital reimbursement environment. This was successfully accomplished by implementing the concept of BCS’s On-Site Consultant Placement service. Within both the rural and urban hospital’s administrative team, BCS focused on reimbursement issues, patient accounting, and overall business operations of the facility. As a result, hundreds of thousands of reimbursement dollars once thought lost, were captured and actualized by the hospitals working with BCS. In 1988, BCS implemented its Professional Services Division, which presently specializes in providing complete practice management services to anesthesia, surgical, and other physician specialty practices in over 40 states throughout the United States. As managed care has continued to become a significant factor in practice management, BCS has secured and negotiated reimbursement agreements for providers that at one time were not recognized by the managed care entity. Furthermore, BCS has extensive experience in negotiating such “real life” agreements that result in a satisfactory gain for its clientele. Drawing from nearly 21 years experience in the healthcare industry, BCS provides a comprehensive consulting service to various providers and professional associations in the healthcare market, such as Certified Registered Nurse Anesthetists, physician specialties such as, Anesthesiologists, General/Vascular Surgeons, Pediatricians, Pathologists, and Ophthalmologists. Furthermore, BCS is continually present in the hospital consulting market, in providing in-depth financial and reimbursement analysis into specific departments of the facilities from both local hospital as well as nationally recognized academic health centers and corporate hospital markets across the United States.
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