Do you need Medical Practice Management Consulting and Accounting Services?
Successful management and positive financial results have become harder to accomplish in today's medical practices. The increased challenges require a higher level of expertise and more time from your staff.
In addition, increased government regulation and oversight challenges physicians to conform to a bewildering array of rules and reporting requirements. Physicians are threatened by fines, penalties and outright banishment from some programs for failure to meet time-consuming and complex medical record documentation and coding requirements.
Meeting the Challenge
The solutions to the confusing dynamics facing today's health care professional is the use of qualified consultants who understand the current regulatory environment, the demands of the day-to-day practice management and are able to apply practical solutions that focus on efficiencies, cost containment, financial controls and staff development.
Sharrard, McGee & Co. provides the following services for Medical Practice Management Consulting & Accounting:
FINANCIAL OPERATIONS...Monitoring the key indicators in a practice is vital to its success. Overhead amounts, collection percentages, FTE's and accounts receivable aging are just a few of the key indicators that must be monitored and analyzed on a regular basis.
CREATE EASIER WAYS TO WORK...Medical consultants prepare special programs, documentation tools and templates to help physicians work faster and improve internal control policies and procedures.
PRACTICE CHANGES...growing together. new practice start up, mergers financial reporting, income tax, buy/sell agreements, physician compensation management, 401(k) plans, employment agreements, and practice valuations.
CLINICAL AREAS SUPPORT...working together. Review of policies, procedures, internal controls, patient flows, staff roles and responsibilities, scope of practice issues, recruitment activities, patient satisfaction and credentialing with payers.
COMMUNICATION...talking together. Our financial reports are customized and straight forward to meet your unique needs. We meet with physicians and staff to solve issues quickly and efficiently. You can contact us by telephone, fax and mail.
EDUCATION...learning together. We use the data form our assessments to assist in strategic planning. Together we work to improve productivity, efficiency and stability through staff training and seminars.