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Bryan Thompson
Director Revenue Cycle and Revenue Cycle Consultant
Professional Background
Bryan Thompson is a highly experienced professional in the Revenue Cycle Management industry, boasting over 15 years of dedicated expertise. His career began in Kentucky, where he initially worked in Registration while simultaneously pursuing higher education. After relocating back to Nashville, TN, Bryan took on a temporary position following up on claims for an outsource company connected to HealthTrust Hospitals, during a time when UB82 forms were still widely used in the healthcare billing process.
Bryan's passion for the healthcare industry and his commitment to improving revenue cycle processes led him to accept a position with IPN Network in Nashville. Here, he further delved into the complexities of Revenue Cycle Management, honing his skills and knowledge. He later joined HMR (now known as Extend Healthcare) in Hendersonville, TN, where he gained valuable insights into Medicare processes and interim business office management. His role required him to travel to various hospitals, providing assistance wherever necessary, and allowing him to build a strong foundation in the healthcare revenue cycle.
Currently, Bryan operates as an independent consultant, where he utilizes his extensive experience to provide strategic insight and solutions to healthcare facilities. One of his notable projects includes working with a Critical Access Hospital (CAH) in rural Louisiana, where he commenced his consulting role. At this facility, Bryan faced the challenge of $14.9 million in outstanding Accounts Receivable (AR). Through his remarkable leadership and collaborative efforts with a small yet dedicated team, they successfully reduced the outstanding AR to $6 million in under six months. This achievement not only underscores Bryan's skills but also showcases his ability to drive significant results in high-pressure situations.
In addition to addressing AR challenges, Bryan has played a crucial role in implementing key healthcare technologies, specifically the Quadax Billing Software and its accompanying Denial Management system. He also facilitated the transition to a new Electronic Medical Records (EMR) system, known as Prognosis Systems. Bryan's dedication to enhancing operational efficiency within healthcare settings reflects his understanding of the importance of technology in modern healthcare environments. Furthermore, he advocated for the addition of a full-time medical coder and LPN in the registration area, which underscored the necessity of coding at the time of service. This strategic staffing decision increased the facility's ability to meet medical necessity requirements and optimize revenue collection processes during patient interactions.
Education and Achievements
Bryan Thompson attended Western Kentucky University, where he studied Health/Health Care Administration/Management. His academic background paved the way for his practical applications within the healthcare revenue cycle and management area, allowing him to develop a profound understanding of the industry.
Throughout his career, Bryan has held an impressive series of positions that illustrate his upward trajectory in the field. He served as a Service Specialist at TruBridge, where he was instrumental in developing and improving health information technology services for clients. Additionally, Bryan excelled as the Director of Revenue Cycle at Madison Parish Hospital, where he oversaw comprehensive strategies that ensured the financial viability of the facility. Furthermore, his expertise as an Implementation Consultant at CSS Health Technologies strengthened the operational efficiency of healthcare organizations, enhancing their overall performance through tailored solutions.
Bryan has also contributed strategically as the Assistant Director of Dialysis Outsourcing at Citadel Outsource Group, whereby he facilitated effective operational management. Additionally, he demonstrated his talent for negotiation and strategic management while serving as Manager of Out of Network Payors at Renal Advantage Inc. His earlier role as the Team Lead of Revenue Cycle Outsource at Quantum Recovery Group Inc allowed him to cultivate a team-oriented approach toward financial recovery solutions, ultimately enhancing the revenue cycle capabilities of various healthcare organizations.
Notable Achievements
Bryan Thompson's consulting work with the Critical Access Hospital in rural Louisiana stands out as a career-defining achievement. Under his guidance, the hospital witnessed a remarkable reduction in outstanding AR from $14.9 million to $6 million in just six months. Such a significant financial turnaround is a testament to his expert knowledge of revenue cycle strategies and his innovative problem-solving abilities.
Moreover, Bryan’s advocacy for the integration of advanced billing software and EMR systems demonstrates his commitment to optimizing healthcare processes. His work in recruiting additional staff for coding at the time of service has set a new standard in enhancing operational effectiveness and revenue capture in healthcare registration.
In summary, Bryan Thompson is a seasoned professional who embodies commitment to advancing Revenue Cycle Management in the healthcare industry. With a rich history of hands-on experience, a solid educational foundation, and a proven track record of success, Bryan has positioned himself as an invaluable consultant for healthcare organizations striving to improve their revenue cycle efficiency and profitability.
