Healthcare Consultants

Providing the tools that will help make your practice thrive.

Practice Improvements

Practice Assessments

A practice assessment involves an in-depth review of your practice’s operations.  Paperwork, telephone calls, medical records, and patient contact are analyzed.  Billings and coding procedures are reviewed.  Collection and write-offs are monitored.  Contracts and fee schedules are doubled-checked.  In other words, this is the complete check-up that your practice needs.

Key Performance Indicators (KPIs)

Don’t think your practice needs a complete check-up?  Key Performance Indicators (KPIs) is a method used to determine performance standards for office functions.  By checking the KPIs of your practice, you will be better able to monitor staff performance, physician performance, and statistical performance.  By comparing your KPIs to the Medical Group Management Association (MGMA) best practice standards, you can tell what is working in your practice and what isn’t.

 

Income Allocation and Physician Compensation

Physician compensation can be the biggest area of contention in a practice.  Jones & Roth Healthcare consultants can help you review your current plan and define what changes you would like to make, then we can design a compensation or income allocation plan specifically to meet your needs.  No plan will be perfect, but we will help you reach a compromise that is workable for everyone.

 

Business Plan Development

A Business Plan is the key for practice development.  Too often, a practice is busy reacting to situations that could have been avoided with some planning.  A business plan will look at your business objectives for the next one, two, and five years.  This allows you to address not only professional goals but also your personal, economic, and lifestyle concerns as well.

 

Procedures and Policy Development

The development of policies and procedures is another key tool.  Everyone needs to know the rules.  Developing a source document allows your staff to review policies and make decisions with consistent interpretation.  Issues can be handled fairly while reducing legal liability and staff turnover.

If you are searching for an Interim Practice Administrator to maintain operations  while a new Administrator is found, please see Special Services.