Independent Healthcare Consultants
About Us
Independent Healthcare Consultants was founded in 2003 by Mark Hollan. Phil Schmid, the current owner, joined in 2004. The purpose of IHC is to provide quality consulting services to hospitals and other healthcare organizations. IHC’s expertise lies in the reimbursement, billing and business office operational areas of healthcare.
Both Mark and Phil have extensive reimbursement and billing backgrounds. Mark spent 17 years as Business Manager/Reimbursement Manager for two hospitals in North Dakota and Phil spent 11 years in a similar capacity for a hospital in North Dakota and a hospital in Wisconsin.
Prior to forming IHC, both Mark and Phil worked for a large regional Consulting and Accounting firm in the upper Midwest. IHC has provided consulting services to over 100 clients in 15 States. These consulting services have included:
- Various Reimbursement analyses
- Impact analyses of regulatory changes
- Cost report reviews and analyses
- Cost report preparation
- Chargemaster reviews
- Revenue Cycle Assessments
- Provider-based Analyses and Implementation Assistance
- Business Office Operational Assessments (hospitals and clinics)
- APC coding and billing audits
- Physician coding and billing audits
- Anesthesia billing and compliance audits
IHC also has agreements with several subcontractors to provide specialized coding and billing guidance as needed.
Phillip J. Schmid - Owner
(701) 223-8433
Knowledge and Expertise
- 23 years providing healthcare consulting and educational services to hospitals and clinics.
- 11 years experience in a hospital provider setting with responsibilities including Director of Patient Financial Services and Reimbursement for a 310 bed regional referral medical center.
- Prepares Medicare and Medicaid cost reports.
- Provides Provider-Based analysis and implementation assistance.
- Provides chargemaster reimbursement and compliance analysis.
- Develops health care cost accounting systems and integration of decision support system.
- Prepares financial reports and budget analysis for department or services areas.
- Business office operational analysis.
Professional Memberships and Technical Accomplishments
- North Dakota Healthcare Financial Management Association
- Past President
Education
- Bachelor of Science, Accounting, Business Administration – University of Mary, Bismarck, North Dakota
Mark J. Hollan - Retired Partner
Independent Healthcare Consultants
PO. Box 7417
Bismarck,.ND. 58507-7417
Phone & Fax: (701) 223-8433