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SOLUTIONS FOR > HOSPITAL BASED PRACTICES

Working with the Physician Practice Director, Practice Manager and Staff, we have been able to:

  • Add $150,000 per year in Cash from "Front End" Process changes and coaching assistance for the staff and the physicians.

  • Reduce Operating Costs with New Workflows in a Union Environment by $75,000 per year by negotiating with and receiving approval from union representatives.

  • Improve Collections from CBO (central business office) over $200,000 per year by developing reporting tools that enable the physicians to monitor the CBO's performance. As a result, physicians' are more equipped to change processes, methods and expectations within their practice.

  • Improve Operating Margins by $90,000 per year through a practice organizational evaluation and coaching assistance.

  • Link the Front Office personnel with the Billing Office personnel to reduce errors, reduce rejections, reduce the cost of collecting dollars and increase cash by over $1.5 million dollars per year!

  • Establish profitable private physician practices when a "spin-off" was in the best interest of all parties.

  • Rapidly focus a large number and a wide variety of practices and physicians on the key objectives and changes that need to be made in order to seriously improve financial performance and patient satisfaction. We develop focused curriculum and material and teach faculty, management and staff through a customized Clinical Practice Management Academy. This insures the rapid knowledge transfer of best practices and implementation of resulting practice enhancements specific to each key leader's challenges and opportunities. It condenses comprehensive practice improvement timelines from multiple years to six months.

Want to hear more? Call to schedule a free private consultation #312-670-4370.

 
 

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