Faculty Practice Services (FPS) was established in 1965 as a Medical Billing company. It has evolved into a full-service Revenue Cycle and Practice Management organization. For over 50 years, our experience has helped physicians, hospitals and other health care facilities focus on patient care. Our Cloud based platform and integrated technology enables us to customize our relationship with each client.
Part of our mission is continuous training and development of our leadership and employees. Our full spectrum of advisory services is based on research-driven insights, unparalleled industry knowledge, firsthand experience and professional skills. We have a vast network of resources that we will use to help you meet your objectives in today’s competitive and evolving health care marketplace.
Some of the specialty areas on which we focus are:
- Practice Assessment and Management, including staffing, workflow and operations.
- Financial Analysis and Services, including revenue cycle management and physician compensation.
- Managed Care Contract Evaluations, including a complete review of insurance contracts.
- Initial Credentialing and annual re-validations.
Meet the Team!
Barry S. Reiter, CHBME – Principal
Barry has spent his entire career helping medical practices maximize revenue and streamline operations. With 44 years of experience in medical billing and health care practice management, he brings a deep understanding of the complexities of revenue cycle management and practice administration in both physician and hospital settings. He has worked with established practices that have been in existence for decades as well as brand new practices that are trying to get off the ground.
Barry has a reputation for successfully increasing overall practice revenues and simplifying operations. He works with clients to implement efficient administrative processes for claim management, credentialing, compliance, and other important functions. He also negotiates large vendor and health plan contracts and has overseen major software conversions.
Barry is active in the Healthcare Business Management Association (HBMA), of which he is a charter member. He served one term on HBMA’s Board of Directors as its Corporate Secretary. He formerly chaired the association’s Government Relations Committee for many years and also was active on the ICD 10 task force.
In 2013, Barry was elected to the North Castle Town Board and was re-elected in 2017. His experience as an elected official gives him unique insight into how municipal laws and policies impact businesses.
Barry has, in various capacities, advised local and federal legislators on health care policy. He was a member of the Westchester County Association’s Blue Ribbon Task Force, and previously served as a member of U.S. Senator Kirsten E. Gillibrand’s Health Advisory Committee. He has informally advised U.S. Representative Nita Lowey on various issues related to federal healthcare legislation.
Todd Bochenski – Principal
During his 20-year career in Healthcare, Todd Bochenski has gained experience in all aspects of the industry, affording him a unique understanding of the intricacies of medical billing. He joined FPS in 2007 as Director of Business Development and became a principal of the firm in 2009. In this role, Todd is involved in many of the operational aspects of FPS.
Starting from the ground up as a medical biller, he played an intricate role in converting a 200+ Pediatric Practice from internal to outsource billing. During this project he developed the insight and knowledge of the full billing spectrum. He then transitioned to the Sales and Marketing side of Revenue Cycle Management. During his 7 years in this role he developed numerous relationships with some of the largest Healthcare Organizations.
As a partner at FPS, Todd is involved in numerous areas of the business. Some of his areas of expertise are creating databases for new clients, data conversations and custom reporting. He also focuses on developing and maintaining client relations. His vast knowledge of all aspects of RCM gives him broad perspective of the Healthcare Industry.
Nickie Hansen – Principal
Nickie has more than 35 years’ experience in Revenue Cycle Management. After 10 years in New York as the Director of Operations, she relocated and established our Florida office. Nickie’s strong accounts receivable background and expertise in all aspects of RCM provide clients with exceptional support for their unique practice. She prides herself on maintaining close relationships with clients and their staff.
Her role as Director of Operations involves interacting with staff in maximizing:
- Managing Claims entry and payment posting
- Managing follow up with insurance companies and individual patients to ensure timely payment of claims
- Managing electronic remittance Advice (ERA) and electronic funds transfer (EFT)
- Working directly with clients to provide timely information regarding their practice
- Managing appeals on claims, workers compensation, no-fault
- Negotiating surgical bills