Independent Healthcare Consultants, LLP (IHC) was founded in 2003 and currently has two partners, Mark Hollan and Phil Schmid. 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. During the last 7 years Mark and Phil have provided consulting services to clients in 12 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.

Mark J. Hollan - Partner

(701) 223-8473
mhollan@ihconsultants.com
 

Knowledge and Expertise

• 8 years providing healthcare consulting and educational services to hospitals and clnics. 4 years for Eide Bailly, LLP, a large regional consulting/accounting firm in the upper Midwest and 4 years as Partner with Independent Healthcare Consultants, LLP.

• 17 years experience in the provider setting, including a 250 bed hospital and 150 practitioner clinic. Responsibilities included the day to day management of the Business Office, Reimbursement and Health Information Management Departments.

• Provides chargemaster and billing compliance analysis.

• Provides Provider-Based analysis and implementation assistance

• Provides reimbursement analysis for hospitals and clinics

• Provides Revenue Cycle Reviews and Business Office operational assessments.

Professional Memberships and Technical Accomplishments

• North Dakota Healthcare Financial Management Association

• Certified as a Fellow member in 1996

• Past President

Education

• North Dakota State University, Fargo, North Dakota

• Majors: Business Administration and Psychology

• Minor: Economics

Philip J. Schmid - Partner

(701) 223-8433
pschmid@ihconsultants.com

 Knowledge and Expertise

•  6 years providing consulting and educational services - 3 years for Eide Bailly, LLP, a large regional consulting/accounting firm in the upper Midwest and 3 years as Partner with Independent Healthcare Consultants, LLP

• 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