Medical practices are constantly battling decreasing revenues and increasing costs. Physicians are working longer hours, dealing with business issues, and trying to stay in compliance with CMS and HIPAA. Finding a firm with the expertise to address the complete range of practice management issues that you face is difficult to do. Our staff can provide the following services to assist you:
• Reimbursement Systems (Billing, Coding, Collection Compliance, Fee Schedules, A/R Consulting)
• Staffing Requirements, Role Development and Accountability
• Operational Effectiveness
• Financial and other Performance Measures
• Marketing and Human Resource Assistance
• Planning and Organizational Management Assistance
• Financial Planning
• Practice Merger and Acquisition support services
We can assist your organization with developing long-term strategies to contain costs and maximize efficiency.
Improve Efficiency – Periodic and independent evaluations of your practices daily operations are a great way to ensure the most efficient use of resources and that plans for improvement stay on track.
Optimize Revenue – Your reimbursement system is the most important administrative function of your practice. Our staff can help optimize your reimbursement system through fee schedule evaluations, chart audits, compliance assessments and procedural reviews.
Financial Benchmarking – We use financial benchmarking to let you know how you compare with your peers and help you put plans in place to meet your financial and performance goals.
