One City Built to Last

The news is in: On November 7, 2014, the justices announced they would decide on a lawsuit claiming that the language of the Affordable Care Act doesn’t allow the government to provide tax-credits to low-and-moderate-income health insurance consumers using federally funded Obamacare exchanges operating in more than 30 states. Indeed, there’s a medical quagmire. And there is a lack of communication between doctors, staffing and patients. For example, the Affordable Care Act isn’t just about insurance coverage. The legislation is also about transforming the way health care is provided. In fact, it has brought in new competitors, services and business practices, which are in turn producing substantial industry shifts that affect all players along health care’s value chain. Read Amy Armstrongs story on page 16. On page 21, our reporter Judy Magness, profiles companies all over the country making incredible advances. Take a look at Functional Medicine and the driving breakthroughs in breast cancer while The news is in: On November 7, 2014, the justices announced they would decide on a lawsuit claiming that the language of the Affordable Care Act doesn’t allow the government to provide tax-credits to low-and-moderate-income health insurance consumers using federally funded Obamacare exchanges operating in more than 30 states. Indeed, there’s a medical quagmire. And there is a lack of communication between doctors, staffing and patients. For example, the Affordable Care Act isn’t just about insurance coverage. The legislation is also about transforming the way health care is provided. In fact, it has brought in new competitors, services and business practices, which are in turn producing substantial industry shifts that affect all players along health care’s value chain. Read Amy Armstrongs story on page 16. On page 21, our reporter Judy Magness, profiles companies all over the country making incredible advances. Take a look at Functional Medicine and the driving breakthroughs in breast cancer while

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y rodric j. bradford Commitment to Community A Passion With a Pupose Health Care financial consulting firms often get painted as cold, heartless entities that are only worried about profits for their hospital and payer clients, but not The Chappelle Group. They have found a way to combine a passion for performance and operational efficiency with their industry expertise and experience to have a long-lasting, positive effect on their client’s communities they serve. Comprised of seasoned Health Care financial professionals with diverse concentrations, The Chappelle Group has three main Health Care Finance service divisions: Revenue Cycle, Audit and Reimbursement, Physician Practice. Concurrently, The Chappelle Group also administers a non-Health Care financial consulting arm which concentrates on the incubation of small businesses and a 501c3 corporation that develops student learning and exposure in grades 5-12 in the areas of financial literacy and associated careers in financial areas. “At the core, no matter what field I am servicing, I am a helper – and that is what our firm does,” says Jamal Chappelle, chief executive officer, who founded the Maryland-based firm in 2001. “Helping fuels me, and it feeds our staff. All the sectors we work in help people – and help them find the tools to be successful.” Providing services to government-contracted health plans, major health systems, independent community hospitals, skilled nursing facilities, community providers both hospital based and stand alone, The Chappelle Group commits to exceeding client expectations by identifying critical issues and implementing customized solutions to increase cash flow, efficiency, net patient revenues and to maintain regulatory compliance. “One of our greatest success stories was helping an urban safety-net hospital return to profitability for the first time in 20 years,” says Chappelle. “We worked together as a team to help pay off a $28 million loan back to the municipality in nine months, that was originally due back in two and a half years. It was a huge accomplishment that speaks to how well we can integrate with an existing staff to produce optimal results.” Chappelle always makes it a point to collect more cash or actually save more net patient revenue than it costs to hire the firm – no matter the client. “We come in with a sense of partnership, and industry best practice expertise that yields cooperative change and ultimately desired results”. In healthcare, that partnership is based upon the firm’s expertise in revenue cycle processes, reimbursement, coding, regulatory policy,/compliance and physician practice management. Depending on evaluations to identify issues reducing cash flow, the firm uses these evaluations and interviews in conjunction with their expertise on both the provider and payer side of the healthcare reimbursement spectrum to actively capture and recover net patient revenue. “One hundred percent of our frontline billers and collectors are certified revenue cycle consultants – something that our competitors do not offer,” says Chappelle. “This level of experience allows us to create customized solutions for contract management, recovery and collections, as well as audit and compliance.” Chappelle’s solutions go far beyond the corporate boardroom. The Chappelle Group’s 501(c)3 nonprofit group – The Talented 10 – helps students increase financial literacy, beginning in fifth grade and continuing throughout their high school careers, with a comprehensive reading, writing, analytical thinking and mathematical computation program designed to introduce students to the U.S. securities market. “We teach children to invest in what they like so that they can become shareholders or owners instead of just being consumers,” Chappelle related. “For a group of people who do not feel like they are part of the process, this is very liberating and makes them want to continue their education to enhance those skills. We have always believed that if we reach the children, their parents will follow – and they have. We are able to serve the needs of the greater good, along with serving our clients’ bottom lines.” Maryland Trade Center One 7500 Greenway Center Drive, Suite 910 Greenbelt, Maryland 20770 P. 301.220.3255 www.thechappellegroup.com THE SUIT MAGAZINE - NOV 2014

y peter suciu A STRAIGHTLINE PATH For those planning for retirement today, there can be a lot of jargon flying around that is often more confusing than informative. For Bethany W. Mosshart, CEO of the Troy, Mich. firm StraightLine, it’s all about guiding clients based on what is right for them, rather than just following the old school investing models. “We are a true fiduciary – and we take that responsibility very seriously,” Mosshart told The Suit. StraightLine works with employers of all sizes, public and private, providing account management for employees regardless of their account size. The service doesn’t cost employers anything but a small bit OF time for meetings and it provides an essential benefit to their people. The firm’s founders and principals came from the commission-based brokerage industry and all saw the inherent problems of traditional financial services to Retirement firms. They began StraightLine by managing 401K accounts for corporate clients and individuals. Mosshart has been the CEO since the firm’s founding in 2002. She has been responsible for client service and retention, while acting as a liaison between clients and their plan providers. With a background in education, Mosshart helped steer the firm toward working with companies to provide account management and participant education, where she saw an opportunity for the firm’s services. This is now the area of concentration for new business development. In the process, Straight- Line helps all of its clients prepare for retirement. Mosshart stressed that, while there is a wealth of information for those who want it, most individuals don’t even care how the system works. They just want to know that someone is helping them make informed decisions as they work their way toward a solid financial future. “We strive to make sure we understand the client’s risk profile: How close they are to retirement; how soon they expect to use their money; their personal attitudes about risk and reward, and the tradeoff between those two,” Mosshart explained. “We make a concerted effort to get the client into the risk model that is appropriate for them. If it is someone in their 30s, they are generally invested differently from someone in their late 50s.” This has also become increasingly important as individuals are living longer and need their money to go the distance for them. Mosshart said that StraightLine strives to reinforce the good habits of clients regarding savings – to start early and to save as much as they possibly can. “They need to get in the habit of saving more, because people are requiring their money to last longer,” she said, while noting that the status of social security remains in doubt for many younger people. “Having that uncertainly about social security makes personal investing and personal retirement planning all the more important,” Mosshart stressed. StraightLine 165 Kirts Blvd., Suite 100 Troy, MI 48084 248.269.8366 www.straightline.com THE SUIT MAGAZINE p.51

y rodric j. bradford<br />

Commitment <strong>to</strong> Community<br />

A Passion With a Pupose<br />

Health Care financial consulting<br />

firms often get painted as cold,<br />

heartless entities that are only<br />

worried about profits for their hospital<br />

and payer clients, but not The Chappelle<br />

Group. They have found a way <strong>to</strong><br />

combine a passion for performance and<br />

operational efficiency with their industry<br />

expertise and experience <strong>to</strong> have a<br />

long-lasting, positive effect on their client’s<br />

communities they serve.<br />

Comprised of seasoned Health Care<br />

financial professionals with diverse concentrations,<br />

The Chappelle Group has<br />

three main Health Care Finance service<br />

divisions: Revenue Cycle, Audit and Reimbursement,<br />

Physician Practice. Concurrently,<br />

The Chappelle Group also<br />

administers a non-Health Care financial<br />

consulting arm which concentrates on<br />

the incubation of small businesses and a<br />

501c3 corporation that develops student<br />

learning and exposure in grades 5-12 in<br />

the areas of financial literacy and associated<br />

careers in financial areas.<br />

“At the core, no matter what field I<br />

am servicing, I am a helper – and that is<br />

what our firm does,” says Jamal Chappelle,<br />

chief executive officer, who founded<br />

the Maryland-based firm in 2001.<br />

“Helping fuels me, and it feeds our staff.<br />

All the sec<strong>to</strong>rs we work in help people<br />

– and help them find the <strong>to</strong>ols <strong>to</strong> be successful.”<br />

Providing services <strong>to</strong> government-contracted<br />

health plans, major health systems,<br />

independent community hospitals,<br />

skilled nursing facilities, community<br />

providers both hospital based and stand<br />

alone, The Chappelle Group commits <strong>to</strong><br />

exceeding client expectations by identifying<br />

critical issues and implementing<br />

cus<strong>to</strong>mized solutions <strong>to</strong> increase cash<br />

flow, efficiency, net patient revenues and<br />

<strong>to</strong> maintain regula<strong>to</strong>ry compliance.<br />

“<strong>One</strong> of our greatest success s<strong>to</strong>ries<br />

was helping an urban safety-net hospital<br />

return <strong>to</strong> profitability for the first time in<br />

20 years,” says Chappelle. “We worked<br />

<strong>to</strong>gether as a team <strong>to</strong> help pay off a $28<br />

million loan back <strong>to</strong> the municipality in<br />

nine months, that was originally due<br />

back in two and a half years. It was a<br />

huge accomplishment that speaks <strong>to</strong><br />

how well we can integrate with an existing<br />

staff <strong>to</strong> produce optimal results.”<br />

Chappelle always makes it a point <strong>to</strong><br />

collect more cash or actually save more<br />

net patient revenue than it costs <strong>to</strong> hire<br />

the firm – no matter the client.<br />

“We come in with a sense of partnership,<br />

and industry best practice expertise<br />

that yields cooperative change and<br />

ultimately desired results”.<br />

In healthcare, that partnership is based<br />

upon the firm’s expertise in revenue cycle<br />

processes, reimbursement, coding,<br />

regula<strong>to</strong>ry policy,/compliance and physician<br />

practice management. Depending<br />

on evaluations <strong>to</strong> identify issues reducing<br />

cash flow, the firm uses these evaluations<br />

and interviews in conjunction with<br />

their expertise on both the provider and<br />

payer side of the healthcare reimbursement<br />

spectrum <strong>to</strong> actively capture and<br />

recover net patient revenue.<br />

“<strong>One</strong> hundred percent of our frontline<br />

billers and collec<strong>to</strong>rs are certified<br />

revenue cycle consultants – something<br />

that our competi<strong>to</strong>rs do not offer,” says<br />

Chappelle. “This level of experience<br />

allows us <strong>to</strong> create cus<strong>to</strong>mized solutions<br />

for contract management, recovery<br />

and collections, as well as<br />

audit and compliance.”<br />

Chappelle’s solutions go far beyond<br />

the corporate boardroom.<br />

The Chappelle Group’s 501(c)3<br />

nonprofit group – The Talented<br />

10 – helps students increase financial<br />

literacy, beginning in fifth<br />

grade and continuing throughout<br />

their high school careers, with a comprehensive<br />

reading, writing, analytical<br />

thinking and mathematical<br />

computation program designed<br />

<strong>to</strong> introduce students <strong>to</strong> the U.S. securities<br />

market.<br />

“We teach children <strong>to</strong> invest in what<br />

they like so that they can become shareholders<br />

or owners instead of just being<br />

consumers,” Chappelle related. “For a<br />

group of people who do not feel like they<br />

are part of the process, this is very liberating<br />

and makes them want <strong>to</strong> continue<br />

their education <strong>to</strong> enhance those skills.<br />

We have always believed that if we reach<br />

the children, their parents will follow –<br />

and they have. We are able <strong>to</strong> serve the<br />

needs of the greater good, along with<br />

serving our clients’ bot<strong>to</strong>m lines.”<br />

Maryland Trade Center <strong>One</strong><br />

7500 Greenway Center Drive,<br />

Suite 910<br />

Greenbelt, Maryland 20770<br />

P. 301.220.3255<br />

www.thechappellegroup.com<br />

THE SUIT MAGAZINE - NOV 2014

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