Healthcare Consulting Services
Practical Solutions, Value-Added Results

As the Healthcare environment changes, so does the needs of your business.  Whether you are a physician considering becoming part of a large healthcare institution or you are a physician looking to improve your practice operations, you should rely on an experienced organization to become your decision making partner.  Having managed physician offices and worked hand-in-hand with doctors, we understand the unique healthcare culture and the changing trends in practice management.  Being directly involved with the billing and collections process for physicians practices on a daily basis enables us to utilize our billing and financial expertise to improve your bottom line.  Our consulting services include:


 

Practice Valuations
  • Fair market valuations of practices - over 350 performed
    • Physician recruitment appraisals
    • Merger appraisals
    • Acquisition appraisals
    • Divestiture appraisals
    • Marital dissolution / divorce appraisals
    • Retirement appraisals
    • Medical practice buy / sell appraisals
    • Buy-in or Pay-out appraisals
    • Second opinion appraisals
    • Estate resolution appraisals
Practice Development & Divestiture
  • Start-up or divestiture business plan development and implementation
  • Physician transition assistance:
    • For physicians leaving employed groups to private practice
    • For physicians joining or leaving group practices
  • Practice site selection or relocation analysis
  • Strategic market analysis and planning
  • Mergers and acquisition planning, analysis, and implementation
 
Compensation & Human Resources
  • Physician compensation plan assessment, tune-up or development
  • Staff compensation and benefit analysis, development or restructuring
  • Policies and procedures development
  • Job description development
Reimbursement & Contracting
  • Insurance and PHO contract evaluation and reimbursement assessment
Practice Tune-ups
  • An in-depth internal review of all financial aspects of your practice to help highlight and capture lost revenue opportunities.
  • Operational assessments including work flow analysis, staffing, and expense management
  • Billing assessment to determine effectiveness of cash collection activities
 

Interim Practice Management

  • Operational reorganization and change management
  • Assistance with executive search, interviewing and hiring process
     
Compliance
  • OSHA compliance evaluations and manual development
  • HIPAA compliance evaluations and training
  • Chart and coding review

 

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