Financial Management

Our experience in practice management helps you pinpoint costs and assess your overall financial environment. With this knowledge, we can establish control systems that will reduce expenses over the long term.

  • Cost Accounting Studies
    We help identify the true costs of delivering medical care to your patients by dissecting component costs linked to your practice.
  • Billing and Collections
    We help accelerate cash flow, minimize billing expenses and ensure prompt “in-office” collections.
  • Payor Management
    We demonstrate practical ways to expedite and accelerate reimbursement from Medicare, managed care organizations and private carriers to help maximize cash flow.
  • Coding and Fee Schedules
    We conduct resource-based relative value scale studies, review fee schedules and coding procedures and make recommendations to strengthen this element of financial management.
  • Financial Projections/Budgets
    We develop financial projections to assist you with strategic planning and with obtaining financing for practice growth. Our focus on healthcare means we will recognize the unique valuation characteristics of your practice.
  • Practice Valuations
    We determine the fair market value of your practice by objectively evaluating its financial performance, position in the market and potential for growth.
  • Financial Controls
    We develop systems to reduce exposure to fraud and embezzlement.