IHA’s Endorsed Business Partner Program provides cutting-edge and cost-effective solutions to hospitals. It was designed to generate value-added benefits for members and offer products or services that help health care facilities minimize costs, recover revenue, create operational efficiencies, improve management and quality, increase productivity, develop staff resources, and apply new strategies.
Each issue of Harmony highlights several Endorsed Business Partners. This issue turns the spotlight on Bill Dunbar and Associates, Cordant Health Solutions, First American Healthcare Finance, and FocusOne Solutions.
BILL DUNBAR AND ASSOCIATES
Accurate medical documentation and coding is essential to maximizing reimbursement and minimizing risk. IHA Endorsed Business Partner Bill Dunbar and Associates (BDA) offers a comprehensive, customized, budget-neutral program focusing on improving compliance along with net revenue per patient encounter.
With decades of experience working in the health care industry, BDA increases the reimbursement to its clients by improving medical documentation, coding, and compliance. The company’s experienced coding and financial professionals work side-by-side with clients to develop a customized approach to help them achieve positive results. BDA clients see an average increase in net revenue per patient visit of 12–20 percent.
CORDANT HEALTH SOLUTIONS
With today’s opioid crisis escalating, calculating patient risk for abuse and diversion is critical, especially for pain patients taking prescribed opioid medications. IHA Endorsed Business Partner Cordant Health Solutions is committed to providing cutting-edge solutions for payers, clinicians, and agencies involved with addiction, criminal justice, and pain management.
Cordant is one of the only toxicology laboratories that includes a full-service, high-touch pharmacy that specializes in complex management and dispensing of controlled substances. Cordant provides testing protocols, treatment recommendations and considerations, and digital case-management tools to help its customers become more efficient and effective.
FIRST AMERICAN HEALTHCARE FINANCE
Hospitals must have access to capital in order to acquire necessary equipment and fund growth initiatives. Through IHA Endorsed Business Partner First American Healthcare Finance, Indiana hospitals can find the best financing solution for their needs.
First American provides leasing and financing for health care providers for projects ranging from medical equipment to technology and software to renovations and expansions. Due to its sole focus on health care, competitive rates, variety of financing options, and tailored customer service, First American has earned the exclusive endorsement of the American Hospital Association since 2012 and the HFMA Peer Reviewed designation every year since 2011.
Health care organizations are under increased pressure to operate efficiently and control costs while maintaining patient care standards. Optimizing workforce management processes presents one of the greatest opportunities to improve performance across the board—and IHA Endorsed Business Partner FocusOne Solutions can help.
FocusOne Solutions provides all facets of temporary supplemental and contingent labor from a large pool of approved affiliate providers. Its vendor management model combines powerful web-based technology, FocusOne Connect, with a dedicated team, enabling hospitals to fully optimize their resources by channeling the staffing needs of all divisions and departments through a single source.
IHA’s Endorsed Business Partners (EBPs) undergo an extensive vetting process before earning the coveted designation. IHA evaluates each potential partner by examining the company’s financials, conducting background checks, and contacting references. Visit IHAconnect.org/endorsed-partners or contact CathyArmold at carmold@IHAconnect.org for more information about the Endorsed Business Partner program.