Practice Management

Since 1985, MD Management clients have received a financial benefit of more than fifteen times our fees in documented financial performance improvement!

Our practice management consultants work with you to identify opportunities to control costs, protect income, preserve your patient base and increase physician productivity. We strive to help providers become productive as quickly and inexpensively as possible.
 
Our staff 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.

  • Cost Accounting Implementation
  • Payroll / Accounts Payable
  • Insurance Analysis
  • Employee Benefits Review
  • Fee Schedule Development & Management
  • Reimbursement Management
  • Personnel Management
    1. Development /implementation of employee wage scales
    2. Development of employee job descriptions
    3. Development of Employee Handbook
    4. Employee recruitment & retention activities
  • Accounts Receivable Oversight

Practice Administration / Management Oversight

Physician practices require sound management oversight and accountability of staff to operations. MDmanagement provides multiple levels of on-site Practice Management Oversight based on each practice’s unique needs.

Staff Development & HR Management
(Personnel Management)

Personnel costs can represent the practice’s single highest expense and the greatest factor for practice management success. We review current management and reporting operations, perform task analyses to gauge workflow, division of responsibility and then match tasks to staffing requirements. We can develop personnel policies, educational programs, task-oriented position descriptions, evaluations and establish salary and productivity ranges.

Policies and Procedures / Accountability Controls

Lack of documented policies and procedures linked to staff responsibility and accountability forces staff to ‘rule by exception,’ creating data quality and compliance headaches. To strengthen operations and compliance, we review, develop and refine financial and operational policies and procedures, and establish measures to monitor operational performance.

Are your ready to make a change?

Request a Complimentary Consultation