Contract Management

In an effort to assist hospital and physician relationships, Practice Business Consultants has developed a unique network of services designed specifically for hospitals.

Just as healthcare professionals have depended on us for a wide range of services, hospitals can now depend on PBC for assistance in improving physician relationships. We can provide practice management consultation for the physicians of your choice on a contractual basis. You maintain the same kind of control you would have with a salaried employee offering management consultation to physicians. With PBC, however, the hospital pays only for the hours under contract. The hours actually used.

From collections to coding issues, to marketing and practice evaluations, there are many areas PBC can help your physicians address. In addition, more than 60 years of experience backs our recommendations so there are few problems we haven't encountered.

Best of all, with PBC supporting your physicians' practices and acting as a liaison between the physician and the hospital, you can count on getting the best return on your investment. You can count on establishing better relationships with the doctors on your staff. Can count on the competitive edge needed to attract and retain physicians.

Improve Hospital/Physician Relationships

  • Practice Evaluations include regular visits to the practitioner's office by a consultant. The consultant will work with the physician's employees, answer questions, and provide assistance to office problems. PBC will help the physician choose the best location for a practice, design the office, purchase equipment, hire employees, establish fees and credit policies, and plan for the practice growth.
  • Practice Evaluations also include overhead expense analysis, personnel evaluations, credit and collections effectiveness, reviews of current fee schedules, profit distribution formulas, and assessing the efficiency of appointment systems. In addition, we can value a practice for sale or retirement.
  • Direct billing for professionals can be a profitable advantage. PBC clients have an average collection ratio of 96%. Healthcare specialists have used our complete billing system and relied on PBC as a practice liaison with third-party agencies. The professional's only responsibility is to furnish the services rendered and patient charging information.
  • Marketing and public relations is key to a more profitable practice. Physician recruitment, community relationships, and patient education recommendations can be made.

Services

Contact us

 
Sitemap