Practices
Physician Practice Operations and Interim Management
Hospitals and physicians affiliate with each other in a variety of ways. Today, driven by a need to share costs and shrinking reimbursements for care, nearly all hospitals are somewhere in the process of integrating physicians more fully into their operations. No matter where your organization is on the continuum of hospital/physician affiliation, our consultants have the expertise to help you navigate and find the right arrangement for your organization. Our consultants have over 35 years of experience with organizations nationwide in physician practice management, governance, and operations.
Our efficiency experts work closely with clients to analyze all levels of practice operations including; financials, staffing, efficiencies, inefficiencies, contracts, etc., and provide solutions to help them run more effectively. Since each physician practice is different, we provide unique strategies to enhance their unique operations.
If needed, we can provide interim physician leadership placement until a new permanent leader is recruited. We often fi nd organizations contemplating a change but unable to orchestrate it due to the typical lengthy recruitment. We have provided this service in numerous private practice, academic, and hospital-based models lasting from a few weeks to several months. This service has helped organizations jump-start delayed decisions, putting the reengineered system on track for peak efficiency and improved management quality.
Our diverse services include projects such as:
- Conduct practice operational reviews and recommend best practices quality improvement plans to reduce costs and increase profitability
- Assess and recommend appropriate staffing and proper governance models
- Electronic Health Records technology, vendor and contract review and recommendations
- Practice purchase evaluations
- Work with physicians to convert to managed care practice of medicine
- Develop business plans and propose management strategies
- Prepare and administer contract agreements
- Work with legal and accounting professionals to develop legal structures and fringe benefit plans
- Analyze, develop, and enhance billing/collection and data management systems.
- Negotiate contracts for physicians
- Recruit physicians and practice personnel
- Develop tax advantage qualified pension plans, cafeteria/flexible benefit plans and other benefit options for profit and not-for-profit organizations
- Act as interim CEO and Physician Practice Administrator
We will partner with you to guide your organization into a more integrated service model - whether the goal is to transform your organization into an Accountable Care Organization, or just to develop strategies to enhance your hospital/physician relationships for a better working environment and improved medical care for your community.
