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Black Enterprise

January 1997
Enterprise
Your Business consultant

Opportunities

MEDICAL BILLING SERVICES

Growth is spurred on by changes in the health care industry and the data revolution

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Vanessa Best Honored at the NDCHealth VAR Summit for 2005

Top “Medisoft Valued Added Reseller of The Year”
Selected by Management Team at NDCHealth as the Nations Finest in VAR Channel

Baldwin, NY April 13, 2005 – NDCHealth (NYSE:DNC), a leading information solutions company that serves all sectors of healthcare completed the selection of the prestigious NDC Medisoft VAR(Value Added Reseller) of the Year Award. The Medisoft VAR of the Year was awarded to Vanessa Best, President of Baldwin- Long Island New York based, Precision HealthCare Consultants. This high profile Summit for the Physician Solutions group was held in Las Vegas Nevada.

Read more: Vanessa Best Honored at the NDCHealth VAR Summit for 2005

2003 Network Journal 40 under 40 Achievement Award Winner

More than a celebration of the extraordinary lives of 40 black men and women. TNJ’s Annual 40-Under-Forty Achievement Awards is public testimony to the black community’s safeguarding of its young. We take note and make a loud noise when our youth are good, just as we take note and make a loud noise when our youth are bad. This year’s list of honorees boasts 22 men and 18 women, ranging in age from 24 to 39. They represent the cream of individuals in a wide swath of public and private sector professions and entrepreneurial endeavors. As usual, we were besieged with nominations, not to mention the number of inquiries and pleas for consideration that came in well after the submission deadline, which, of course, we could not entertain. Then number of entries has grown exponentially since the first 40-Under-Forty Awards six years ago, and the achievements of the entrants have become even more jaw dropping. It is almost presumptuous to choose winners, for clearly there are no losers among these candidates. We salute them all-those who made the 40 list and those who did not.

Rosalind McLymont, Editor in Chief

Vanessa Best
President & CEO
Precision HealthCare Consultants
Baldwin, N.Y.
Age:38
Vanessa Best dreamed of working in an industry where she could “reach out and help people.” As president and CEO of Precision HealthCare Consultants, she is living that dream. “Through teaching and consulting, I receive satisfaction from helping aspiring entrepreneurs and seasoned health care professionals to become more effective in their business.” she says.

Best is determined to continue sharing her knowledge and expertise with her community, family and other industry professionals. As a fledgling entrepreneur, however, her biggest challenge is establishing recognition, credibility and a presence in the industry with her fledgling company. In the face of such challenge, she has learned the importance of a good support system of family, friends and other associates. “It helps you to accomplish goals and also helps you to keep your balance, “she says.

Precision HealthCare Consultants offers on-site consultation, development of health care professional office management services and customized plans and programs to comply with new health regulations. Best has expertise in all areas of claims processing, software sales, training development and billing services. Earning credentials and certification from the American Health Information Management Association and the American Academy for Procedural Coders are among her most significant achievements, she says.

Honesty and integrity, her guiding principles, increase her self-worth and allow her to provide the best service for her customers, she says. Her late mother, “a single parent who worked hard and instilled dedication and moral character in her children,” was her role model.
The terrorist attacks in September 2001 reinforced her appreciation of life and reminded her to keep events in perspective. Her husband, who was in Tower Two of the World Trade Center, escaped death, but she lost many neighbors and friends.

Best is most proud of the recognition Black Enterprise magazine gave her in designating her keynote speaker at the 1999 Nations Bank/Black Enterprise Entrepreneurs Conference. “Reach for the stars, but don’t forget to reach back and help others striving to maintain a level of success,” she tells herself and others.

Home Business Success Stories

Vanessa Best Takes On Medical Billing’s Paper Tiger

Processing of medical claims nationwide reached 6 billion in 1993, forcing doctors to turn to specialists for forms processing. Vanessa Best has worked as a healthcare professional for over fourteen years specializing in Hospital & Physician Billing, Claims Adjudication, Insurance Verification and Managed Care Programs.

With this experience, she decided to start her own home-based medical billing business, Precision HealthCare Consultants. She had a four month old child and wanted to spend more time at home. She also had hopes of increasing her income. Her opportunity came when a physician left her hospital for private practice. She was able to secure a contract giving her $1,200 a month on that single customer. That got her started on her home business career.
Equipment needs consisted of a computer, fax machine and medical billing software that meets Medicaid and Medicare requirements. She was able to start her business with approximately $5,000 of capital. With that she conducts electronic medical billing and collections for physicians, offers consultations regarding managed care enrollment, and provides on-site training for support staff.

Academically, she works as a faculty member at New York’s City University. She has made proposals and set up curriculum for several new medical billing programs. With this level of experience, now Vanessa has expanded as an authorized vendor for medical computer software.

She attributes her success to aggressive marketing, directed at physicians setting up new private practices, “And if your clients are pleased,” she says “word-of-mouth will roll in more customers.” Obviously it’s worked for her.

For further information about starting your own medical billing service, contact Vanessa at (888)265-2547, E-Mail vanessa@precisionhcc.com or write Precision HealthCare Consultants at: PO Box 1239 - North Baldwin - NY - 11510.