Physician Practice Acquisitions.
As entities move into new lines of business, such as physician practices, management frequently find that the new business consumes too much time. We can analyze the business' operations prior to purchase price negotiations. Once an acquisition is completed we can blend the business' financial management systems into those of the parent company. Typically, these systems include budgeting, billing & collections, and practice management reporting. A significant issue is converting cash basis systems to an accrual basis.
Physician Practice Management.
Today’s increasingly complex billing and payment practices require vigorous administration of physician practices. We provide tested experience through:
• Account receivables management to get all of your cash quicker
• Validating your third party claims processing and adjudication
• Changes to managed care contracting
Clinical Integrated Networks (CIN)
As healthcare moves towards value based or pay-for-performance, healthcare networks are restructuring to CINs in order to improve quality of patient care and reduce operating costs. Our experience helps to understand the best strategic options for your group, identify improved tools to manage and monitor your data, and simplify your processes.