Introduction to Blue & Co., LLC and Related Healthcare Entities
Blue & Co. Overview Founded in 1970 54th Largest U.S. Accounting Firm (2014) 350+ employees $65M Firm Revenues 130 Healthcare Specialists Lexington Abilene The Healthcare Group is the #1 industry group at Blue & Co. We currently serve as auditors and consultants for more than 270 hospitals, 800 physicians and physician groups, and 500 ancillary providers throughout the country. www.blueandco.com
Blue & Co. s Entities and Affiliates Alliant Management Services Manages 22 hospitals in the Midwest Alliant-HAS Purchasing Solutions GPO for Medical Supplies and Pharmaceuticals for 3,500+ HC organizations Blue & Co., LLC Certified Public Accounting and Business Advisory firm with a significant healthcare specialty niche Bluegrass Leasing, LLC Leases mobile diagnostic imaging equipment (MRI and Mammography) ddsmatch.com A dental broker helping dental practices transition their practices through sales, partnerships, associations and mergers Magellan Management Group, LLC Provides strategic planning, physician recruitment, operational performance, and employee management services Medical Management Solutions Provides physician practice management, education, training and consulting services to medical practices and healthcare organizations www.blueandco.com
Healthcare Services Audit & Accounting Services Chargemaster Review & Maintenance Cost Reporting, Appeals, Re-openings & Pre-filing Mergers & Acquisitions Physician Practice Services Cost Accounting Systems DRG & CPT-4 Coding Services Medicare & Medicaid Policy Compliance Corporate Compliance Services Cost Reduction & Re-engineering Internal Control Reviews Market Demand Study Financial Forecast for Debt Issuance Debt Issuance Representation Certificate of Need Planning & Proposal Development Receivable Cycle Re-engineering Medicare Billing & Compliance Review Admission Re-design Strategic Planning Board Education & Development Medical Records Services Operations Assessment & Improvement Valuation Services Coding & Billing Education Clinical Integration Documentation Reviews HIPAA Assessment & Compliance Services
Alliant Management Services Formed in 1978 to offer full-service management for hospitals -- especially those in rural areas Purchased by Blue Management Services, LLC in Fall of 2002 Operates 22 acute care hospitals in Indiana, Illinois, Kentucky and North Carolina Formed Heartland Health System in 2004 to purchase and operate Acute care Hospitals
Alliant/Heartland Health System Alliant/Heartland s operators possess the development and operating expertise necessary to enable the Company to become a leading participant in the hospital management industry. Chris West, President Tim Jarm, Regional CEO Jay Purvis, Regional CEO Jeff Buckley, Regional CEO Steve Meredith, Regional CEO Proven ability to increase value through Increased market share Cost management Strategic and financial planning Track record of successfully executing a hospital acquisition Fayette County Hospital Track record of successfully executing operational turnaround Wabash County Hospital - $2m loss to $3.2 profit Franklin Hospital - $1.7m loss to $.1 profit Gibson General - $.2m profit to 1.4m profit Perry County Hospital - $.6m profit to $3.2m profit Expertise in identifying, recruiting and managing local hospital executives Management philosophy Focus on developing strong physician relations Patient satisfaction Decisions driven locally Strong management/cost controls
Alliant-HAS Purchasing Solutions Provides supply chain management utilizing the Premier Purchasing Partnership one of the nation s largest healthcare GPO s with $37B in annual volume, serving over 2,300 hospitals and 66,000 ambulatory and LTC providers. Alliant-HAS provides services to 3,500+ hospitals, surgery centers and other healthcare organizations and providers with clients in 48 states. Negotiate local and regional contracts for services: Labcorp regional agreement diagnostic testing Over 200 aggregated pricing tier agreements Equipment maintenance program for biomedical and plant operations through ARAMark, Inc. MEMData Equipment acquisition and price negotiation Evolved PACs RISC operational system
Bluegrass Leasing Bluegrass Leasing develops partnerships with hospitals and ancillary providers to purchase and operate Diagnostic Imaging Equipment. Bluegrass Leasing provides the management and staffing of the equipment route, manages maintenance of the unit and all licensure and operational components including route development and marketing of services. Financial models: Shared Service Organizations 501 (e) Fee per scan Fee per month Modalities currently in service: Magnetic Resonance Imaging (MR) Digital Mammography
ddsmatch.com In a recent survey over 70% of dentists said that it would not be easy to sell their practice or find a partner, and a majority said it would take over a year to do so. We can help you find the perfect match. Thad Miller, founder of ddsmatch.com, envisioned a better way for dentists to make practice transitions by pairing technology with a human touch to produce a professional and exacting match. ddsmatch.com will specialize in connecting buyers and sellers by integrating tremendous relationship capabilities, using a unique process for dentists The Trusted Transition Process, supported by a robust website. We can assist with: Dental partnership agreements Practice sales Practice mergers Associate placements Dental office appraisals Dental Real Estate sales
Magellan Management Group Hospital and healthcare consulting company with experience and proven success in: Board Education & Development Strategic Planning Leadership Development Employee Engagement Operational Assessment & Improvement Physician Gap Analysis & Recruitment Planning Physician Practice Acquisition & Employment Coordination Marketing Communication & Public Relations Strategic Planning and Implementation Services Market Research, Community Surveys & Focus Groups Business Development Employee & Physician Satisfaction Surveys
Medical Management Solutions Our focus is the business of medicine. With an average of 20 combined years of experience, your medical practice will be in the experienced hands of our staff. It is our mission to provide quality education, training, management and consulting services that will enable your practice to improve its performance. Our services are tailored to meet the needs of your practice. Services we provide: New Practice Startups Practice Management Vendor Negotiations Physician Billing Services Analysis of Billing and Collection Services Revenue Enhancement/Coding Optimization Credentialing and Contracting Physician Practice Assessment Rural Health Certification/Licensure Primary Care Center Certification /Licensure Annual Reviews Cost Reporting Services Human Resource Management OSHA/HIPAA Training