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Practice Management
Getting Started

Strategic Planning & Development

MDmanagement can assist you in developing your mission, values, purposes, business plans and organizational structure. And we can help you improve relationships with payers, vendors, physicians and patients. We assist our clients in forming long-range plans for practice development. This includes evaluating options for managed care participation, physician recruitment, practice mergers, group formation, and other affiliations.

Management & Operations

MDmanagement has expertise in reimbursement (fee schedules, charges, billing), recruitment (professional and executive), utilization review, budgeting, collections, medical records, coding, and other management and operational activities.

On-site operations management activities include, but are not limited to:

  • Cost Accounting Implementation
  • Payroll / Accounts Payable
  • Reimbursement Analysis (are you reimbursed at contracted rates?)
  • Employee Benefits Review
  • Fee Schedule Development
  • Payer Contract Management

Managed Care Contracting & Negotiating

MDmanagement assists our clients in negotiating favorable contracts with managed care companies. We will serve as either your direct representative or as a behind-the-scenes advisor.

Financial Planning

MDmanagement consultants work with you to create an operating budget. We perform historical reviews, evaluate physician compensation and income allocation, prepare necessary financial reports, as well as percentage comparisons with similar practices.

Accounts Receivable Management

MDmanagement will review your accounts receivable processing, billing procedures, and the effectiveness of payer and patient account collection follow- up.

Personnel Utilization

We work with our clients to develop an effective staffing plan including personnel policies, procedures, job descriptions, and wage benefit packages.

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