Our Story
BD3 Consulting was founded with a mission to help independent healthcare practices thrive and maintain their autonomy in an increasingly competitive and complex healthcare industry. We understand the challenges private practices face and offer affordable and impactful services to address their specific needs.
Our team has firsthand experience in the private practice landscape and is committed to providing the tools, knowledge, and support needed to navigate the intricacies of the healthcare industry effectively. From strategic planning to operational optimization, compliance, and leveraging data for informed decision-making, we empower private practices to achieve their financial and operational goals while delivering exceptional patient care.
Our belief in the sanctity of private practices drives us to keep them private, as alternatives like private equity partnerships or hospital employment often involve compromises that practitioners are unwilling or hesitant to make. We recognize that independent practices are vital to the healthcare ecosystem and the communities they serve, offering a level of care and personalization that is hard to replicate in larger, more impersonal systems.
At BD3 Consulting, we are more than a consultancy firm; we are a lifeline for private practices determined to remain autonomous and prosperous. Our commitment is to partner with you to ensure your practice's success and sustainability. We offer tailored solutions that address your unique needs and work with you every step of the way to achieve your goals.
Melyssa Engstrom MBA, CFE, CPCO
Melyssa has more than 15 years of experience in executive healthcare management. She is well-known for her strategic insight, particularly in financial oversight, compliance adherence, and operational excellence.
She started her career by earning an Associate of Science in Nursing. She then obtained a Bachelor of Science in Health Science and completed a post-baccalaureate program to prepare for medical school. After experiencing the business side of healthcare with the launch of Newport Care Medical Group, she realized direct patient care was not for her. She loved the business side! The idea of running successful businesses while directly impacting patient care drove her to pivot and pursue a Master of Business Administration in Healthcare Management from The University of Texas, which provided her with a comprehensive understanding of the complexities of the healthcare industry.
Melyssa's wide range of skills includes:
Financial auditing and analysis.
Strategic financial decision-making.
Revenue cycle optimization.
Risk management.
She holds the accolades of Certified Fraud Examiner (CFE) and Certified Professional Compliance Officer (CPCO), further amplifying her dedication to upholding the highest standards of integrity and compliance in healthcare practices.
Melyssa has a proven track record of steering teams through substantial transformations, which attests to her ability to adapt to and flourish within the ever-evolving healthcare landscape. She has participated in professional development ventures, such as presenting expert testimony and participating as a distinguished speaker on renowned healthcare panels and podcasts.
Melyssa goes beyond the conventional consultant role, emerging as a pivotal ally who infuses each project with unparalleled expertise, experience, and a steadfast commitment to excellence. Her comprehensive approach makes her the premier choice for private practices intent on refining operational efficiency, understanding their financial health, and ensuring adherence to complex healthcare regulations.
Certifications
Certified Fraud Examiner - #1040282
Association of Certified Fraud Examiners
Exp 12/31/2024
Licensed Private Investigator - #01402575
Texas Department of Public Safety
Exp 07/01/2025
Certified Professional Compliance Officer
American Academy of Professional Coders
Exp 10/24/2024
Commissioned Notary - #134583949
Texas Secretary of State
Exp 09/29/2027
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Financial Fraud Expert
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Presented expert testimony before the Texas Sunset Commission, offering insights into healthcare licensure consolidation.
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Conducted live television interviews to promote Progressive Medical Centers, delivering public education on their services.
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Received three nominations for the Austin "40 under 40 Awards" in healthcare.
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Strategically planned and executed marketing initiatives for multiple health fairs, including "Healthiest Employers" and the "Health and Wellness Expo."
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Participated in clinical training at the Annual University of California Irvine Orthopedics Teaching Lab.
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Attended the Symposium of Pre-Sacral Spinal Surgeons with a Cadaver Lab in Las Vegas, NV.
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Contributed as a professional guest reviewer on a panel at Becker’s 17th Annual Future of Spine and Orthopedics conference.
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Invited as a guest speaker for the "What’s Next in Sports Medicine" panel at Becker’s 18th Annual Future of Spine and Orthopedics conference.
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Featured as a guest on Becker’s Healthcare Podcast, "10 Mins from the Top," discussing COVID management and staff retention during the pandemic.
Professional Development
Professional Experience
Chief Executive Officer (CEO)
Diagnostic Pain Center
January 2022-Present
Chief Executive and Financial Officer (CEO/CFO)
Austin Sports Medicine
September 2015 – December 2021
Administrator
Progressive Medical Centers of Texas
September 2014 - September 2015
Administrator
Memorial Orthopedic Surgical Group
Newport Care Medical Group
March 2011 – August 2014
Practice Manager
Health in Balance
May 2009 – February 2011
Education
Master of Business Administration (MBA) - Healthcare Management
The University of Texas
2016-2018
Pre-Health Postbaccalaureate
California State University, Fullerton
2010-2012
Bachelor of Science in Health Science - Health Promotion
California State University, Fullerton
2007-2010
Associates of Science
Golden West College
2004-2007