S4E90 Fighting for the bottom line of healthcare providers w/ Petria McKelvey

Welcome our guest today, Petria McKelvey, founder of Precision Medical Billing, Houston Texas.  Today’s episode, “Leadership Conversation: Fighting for the bottom line of healthcare providers”. I interview nurses who are business owners, entrepreneurs, and leaders. I want to hear inspiring stories from the nurse next door who is making a difference in the entrepreneurial and business space. My mission is for you to own your seat at the table of nurse entrepreneurship, gaining confidence, skills, and freedom to live your life on your own terms. You will dream big and expand your consciousness as an entrepreneur.- Tina Baxter, Show Host and Founder of The Nurse Shark Academy. About Petria McKelvey Petria McKelvey Founder, President and Chief Executive Officer Precision Medical Billing   Petria McKelvey is the Founder, President and Chief Executive Officer of Precision Medical Billing (PMB), a nationally recognized healthcare revenue cycle management company headquartered in Houston, Texas. Since founding PMB in 1995, she has led the company through three decades of growth, innovation, and industry change, building a nationwide reputation for exceptional service, customized revenue cycle solutions, and unwavering integrity.   With more than 30 years of experience in medical billing and healthcare revenue cycle management, Petria has helped hundreds of healthcare providers resolve complex billing challenges, strengthen their financial performance, and recover millions of dollars in revenue. She has personally performed thousands of billing audits and revenue recovery projects across the country and is respected for her ability to identify missed revenue, improve operational efficiency, and transform complicated reimbursement requirements into practical business solutions.   Under Petria’s leadership, PMB has evolved into a diversified healthcare organization serving home health and hospice agencies, physicians, medical practices, hospitals, and other healthcare providers across the United States. She has demonstrated exceptional strategic vision by expanding PMB beyond traditional billing services and introducing innovative education, consulting, and technology solutions that respond to the changing needs of the healthcare industry.   Petria also transitioned PMB to a hybrid workforce model, creating a flexible and supportive environment for employees located in Houston and throughout the country. The model promotes work-life balance, reduces commuting demands, supports employees with family and caregiving responsibilities, and helps lessen the organization’s environmental footprint. Regular team retreats and collaborative development sessions reinforce connection, accountability, and company culture across the geographically dispersed workforce.   Recognizing the nationwide shortage of healthcare billing professionals, Petria established the Precision Medical Billing Institute. PMBI provides specialized certification and professional education for home health and hospice billers and physicians practices, creating pathways to stable and rewarding careers while helping healthcare organizations build a stronger, more qualified workforce.   A highly sought-after speaker and recognized industry authority, Petria has shared her expertise at national and regional conferences, including events hosted by the National Black Nurse Practitioners Association, the Indiana Association for Home & Hospice Care, the Medical Group Management Association, and the Texas Association for Home Care & Hospice. Through these presentations, she has helped position PMB as an industry thought leader while providing healthcare professionals with practical strategies to improve billing, compliance, reimbursement, and operational performance.   Her business accomplishments and community service have earned her numerous honors. Petria was selected as one of the Houston Minority Supplier Development Council’s Emerging 10, recognizing her company’s growth, ability to overcome business challenges, and commitment to community involvement. She was also named one of the Houston Business Journal’s Most Admired CEOs.   Her additional recognitions include the d-mars.com 2012 Super HMWP Health, Medical and Wellness Professional Award, the 2015 d-mars.com Trailblazer HMWP Award, and recognition as one of the Top 30 Influential Women of Houston, an honor celebrating the achievements, leadership, and giving spirit of diverse and influential women throughout Houston and the surrounding communities.   Petria is an active member of the Women’s Business Enterprise National Council, the Houston Minority Supplier Development Council, and the Goldman Sachs 10,000 Small Businesses alumni community. She is also a longtime supporter of the National Alliance for Care at Home and has participated in Home Care 100, an invitation-only leadership organization dedicated to advancing excellence among ...