Practice Assessment

Control Your Profits and the Future of Your Business

Whether your practice is in great shape or experiencing significant financial or operational pain, our medical practice consultants, who specialize in medical and health care practice management, will examine every aspect of your practice. Your consultant will present you with a comprehensive review of the findings as well as recommendations for improvements.

A medical practice assessment can help you:

  • Regain control of your business
  • Gain a clear “snapshot” of your financial standing
  • Turn frustrated employees into a staff who is excited about coming to work every day
  • Increase productivity and reduce the feeling of “burnout”
  • Reduce patient wait times and increase patient satisfaction
  • Enjoy time away without being stressed about what’s going on back at the office
  • Know how and when you can retire

The result is a clear understanding of how to increase practice profits, reduce stress for you and your staff and improve employee morale and patient satisfaction.

 Every medical practice has its own unique challenges and your assessment may include but is not limited to, an in-depth review of:

  • Operations
  • Financials
  • Business Structure
  • Benchmark Analysis
  • Compliance
  • Revenue Cycle
  • HR Management
  • Patient and Work Flow

Does a Private Equity investment make sense for your practice?

Private-equity firms are accelerating their investments into physician practices. These investments can help physician groups expand to serve additional patients, recruit more physicians or receive higher payments. A third-party assessment can help you determine whether you’re being presented with a fair deal, if this type of arrangement is right for your long-term goals, and to compare the offer to how your practice would do without the private equity investment. Contact us to discuss whether a private equity arrangement is right for you and so that you can avoid pitfalls related to these investments.