Physicians, dentists, veterinarians and other allied healthcare professionals rely on Practice Business Consultants for medical practice management solutions and advice. We not only offer complete consultation on special problems, we also survey all aspects of your practice to help you recognize potential problem areas. Our medical practice management solutions are supported by more than 60 years experience, so there are few problems we haven't encountered.

Practice Business Consultants medical practice management solutions and services include visits by a trained consultant. They will work with your employees, answer questions, and provide assistance for office problems. Specific recommendations for medical practice management solutions and a course of action will then be made in a conference with the practitioner(s), followed by a written report with specific recommendations after each visit.

• Practice evaluations are Practice Business Consultants specialty. Practice Business Consultants has the knowledge and advice you won't find in a professional school. We have hands-on medical practice management experience. Practice Business Consultants will help you choose the best locations for your practice, design your office, purchase equipment, hire employees, establish fee and credit policies, and plan for your practice growth. Practice evaluations also include overhead expense analysis, personnel evaluations, and credit and collection effectiveness, review 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.

• Marketing and public relations is key to a more profitable practice. Physician recruitment, community relationships and patient education recommendations can also be made. From your office magazine rack locations to the way your personnel greet patients, we know the important role public relations plays in your practice.

• Routines and procedures can benefit from outside evaluations and medical practice manegement solutions offered by Practice Business Consultants. Accounts receivable, collections, insurance forms processing, and record filing all contribute to overall office efficiency.

• Personnel management includes an assessment of your staffing needs, compensation packages, and policies. Practice Business Consultants evaluates efficiency and use of your office staff as well as your need for additional professionals. We can establish job descriptions, determine regular employee evaluations, help lower employee turnover and improve morale. Practice Business Consultants provides assistance in screening prospective employees or handle terminations.

• Growth problems can be addressed before they occur. Our medical practice management solutions consultants can analyze your need for physical expansion, evaluate your public relations, and your relationship with referring doctors.

• Office system evaluations can be crucial to your practice. Practice Business Consultnats will evaluate your current office technology and make recommendations geared to your specific needs.

• Fee analysis includes comparisons on what other professionals charge, and expenses based on your individual practice needs, assistance in the management of office overhead expense, and profit and loss statements. In addition, we'll establish a written fee schedule, offer advice about increasing fees, evaluate rising costs, review fees relating to CPT codes, help your staff explain fees properly to patients and provide information on local and national trends.

• A carefully planned credit and collection program is essential to any successful practice. Practice Business Consultants will establish an accounts receivable control, maintain effective internal controls and reasonable billing cost, train your staff for proper billing procedures, administer effective delinquent account follow-up, and help ensure productive insurance claim processing.

• Business taxes and insurance can also be reviewed to determine adequacy and cost. Comprehensive insurance evaluations can determine the best type of insurance for your practice and coordinate the coverage with retirement and estate planning objectives

• Controlling expenses can increase your profit and cash flow. Practice Business Consultants will analyze overhead expense and train your personnel to become more cost-conscious. We will offer management solutions to your expense problems, help you control expenses and reduce the frequency of fee increases, review your purchasing procedures and review inventory control.

• Group practice analysis is a key consideration for your practice. If you're considering a group practice, or you are already in one, equitable profit distribution is vital.