If you are seeking to improve cash flow, revenue or profitability: - Fee Schedule Review & Analysis - maximize your reimbursement through an analysis & comparison of fees, including recommendations on updating your fee schedule.
- Managed Care Contracts Review & Analysis - A review of your contract terms & fee schedules to determine reimbursement methodologies and hassle factors. We recommend terms for renegotiation and analyze contract compliance by both the payor and the healthcare organization.
- Coding & Documentation Audit - enhance your ability to obtain all appropriate reimbursement for services rendered. Includes a review of coding for accuracy & compliance with applicable regulations.
- Healthcare Financial Analysis Service - high-level support as needed when you require in-depth healthcare financial expertise, but cannot cost-justify a full-time position.
- Ongoing Managed Care Contracts Review, Analysis & Negotiation - ongoing reviews of your contract terms and fee schedules to determine which are most beneficial. You receive recommendations to resolve issues and opportunities are identified to maximize reimbursement. In addition, other managed care opportunities are identified and assistance provided to help you negotiate new contracts.
If you are seeking to improve your efficiency & effectiveness: - Practice Assessment - the business health and stability of your practice is assessed by examining key indicators. The assessment concentrates on key indicators that are sub-par, allowing you to apply your resources more effectively.
If you are setting up a new practice, practice location or changing practice entities: - New Practice Set-up - Accelerate the success of your new practice, practice location, expansion or changed entity through services that help build the infrastructure necessary to achieve profitability and enhance patient/provider interaction.
If you are experiencing physician compensation issues: - Compensation Model Analysis & Development - analyze, develop and recommend a compensation model that best meets the needs of the physician and the business.
If you need strategic direction: - Strategic Planning for Healthcare Organizations - Consultation to help you identify and achieve strategic objectives.
If you are considering a merger, acquisition or other ownership change: - Merger & Acquisition Support - Assistance to help you structure & successfully execute merger & acquisition transaction.
If you are considering facilities expansion, development or design: - Healthcare Facility Design & Development - consults & coordinates services related to physical design, development or retrofit of most types of healthcare facilities, including: office space, medical office buildings, ambulatory surgery centers and small hospitals. Furnishings and equipment are also coordinated.
- Feasibility Study - if you desire to build a hospital or other facility, a feasibility study will help you develop project plans that will ensure success. Areas of focus include establishing congruent goals among the medical staff and the management team. Assumptions about developing a facility, particularly the ones involving revenue, are carefully examined and validated to make sure that they are correct. The local reimbursement climate and needs for services are assessed to develop revenue projections.
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