Monday, August 24, 2009

What Consultants can Help You With

My last blog asked a simple question, "Do you use a business consultant?" Since then, I compiled a list of items I routinely work on with practices. I am sure other consultants can add or take away from the list, but you can see there are many things consultants can help you with.

  • Business Planning
  • Strategic Planning
  • Overall financial performance
  • Understanding revenues sources
  • Physician collections
  • Hourly collection rates, and their influences
  • Mid-level provider collection rates
  • Ancillary resources collection rates
  • Key metrics to your practice's financial health
  • Budgeting
  • Account receivables management
  • Check-in processes
  • Back office processes
  • Check out processes
  • Patient flow and efficiency
  • Telephone skills
  • Patient Scheduling
  • Staff management
  • Patient/physician interaction
  • Patient/staff interaction\
  • Super bill management
  • Cash management
  • Insurance co-pays
  • Job descriptions
  • Employee work performance reviews
  • Handling discipline issues
  • Staff surveys
  • Quality improvement
  • Internal marketing
  • External marketing
  • Physician referral processes


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