McBee Associates
McBee Associates, Inc. is a recognized leader in providing managerial and financial consulting services to the health care industry. Established in 1973, the firm has become one of the nation’s largest independent health care financial consulting practices by developing lasting solutions that ensure the financial success of our clients. This commitment to client success is ingrained in the firm’s culture.
Equipped with a broad array of services developed exclusively for health care providers, McBee Associates offers solutions that address the unique financial and operational needs of hospitals, home health, long-term care, and other organizations. McBee Associates’ consulting professionals have extensive experience and in-depth knowledge of health care regulations and policies.
Health care providers across the nation look to McBee Associates to provide comprehensive services and expert resolution of various financial issues they encounter. With a client base that includes more than 3,500 health care providers, McBee Associates has earned the trust of hospitals and agencies of all sizes and types, including Fortune 500 companies, major for-profit and not-for-profit chains, health systems, and independent providers.
A few of the services the firm offers include:
Revenue Cycle Process Improvement
McBee Associates provides revenue cycle services that address a myriad of issues, including patient intake, clinical documentation, claim submission, and collections. With accounts receivable specialists, operations managers, information technology experts, and registered nurses, the firm has the knowledge and experience to solve revenue cycle problems. McBee Associates helps create new processes, develop new policies, and implement new technologies to improve revenue cycle efficiency and profitability.
Post-Acute Care Transfer (PACT) Review
Utilizing comprehensive methods to verify the accuracy of discharge coding, McBee Associates consistently identifies additional reimbursement opportunities on claims subject to the Post-Acute Care Transfer policy. The firm’s professionals recognize the importance of reconciling discrepancies, and approach every PACT engagement with a thoroughness that guarantees increased compliance and surpasses other firms’ recoveries by 15%.
Three-Day Payment Window Rule Review
McBee Associates is the leader in providing Three-Day Payment Window Rule services. The firm’s experts spent more than a year researching Medicare regulations, developing data-mining engines, and perfecting the service. McBee Associates’ sophisticated, proprietary software identifies reimbursement lost due to erroneous bundling of outpatient and inpatient services. The firm’s certified coders and financial experts then unbundle, code, and submit the new outpatient claims, as well as resubmit the revised inpatient claims. McBee Associates has worked extensively with CMS and fiscal intermediaries to ensure the firm’s processes are compliant with Medicare regulations.
Denials Management
Appeals processing and denials management require extensive knowledge, through follow up, and proven methodologies to successfully recover revenue and reduce denial rates. McBee Associates’ Denials Management Group is an accomplished team of registered nurses and physician assistants with the experience and expertise necessary to create appeals that get results. The firms’ clinical experts have overturned thousands of denied claims and recovered over 72% of denied dollars for our clients.
Financial Services
McBee Associates understands the importance of cash flow and profitability. The firm’s expert consultants help clients address critical financial needs, including feasibility studies, budget planning, year-end audits, reimbursement projects, financial analyses, and strategic planning. McBee Associates’ services are designed to supplement clients’ financial department and improve profitability.
Interim Management
Health care providers often find themselves in need of interim managers to cover extended leaves of absence or to perform the duties of a vacant position. Interim managers may also be valuable during transition periods related to re-engineering, consolidation, or mergers. McBee Associates’ experienced professionals quickly integrate themselves into the client’s management team and become effective contributors within days. The firm’s exceptional approach to interim management ensures the provider has the level of expertise required to meet the organization’s demands.
To learn more about how partnering with McBee Associates can contribute to your organization’s success, contact Mike Dordick, Vice President–Principal at 610.964.9680.