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