MEDICAL PRACTICE MANAGEMENT
Your medical practice is our primary care
​Professional management of all aspects of healthcare practices:
​​
OPERATIONAL
-
Oversight of all aspect of day-to-day operations.
​
HUMAN RESOURCES
-
Employment contracts, performance management, wage payments and corresponding government remittances, vacation scheduling and coverage.
​
LEGAL AND COMPLIANCE
-
Cost sharing agreements, Leases, monitoring of current legal issues and compliance.​
​FINANCIAL
-
Evaluation of financing and cash flow management, annual budgeting and monthly tracking of expenses.
​​
GOVERNANCE
-
Structure for physicians to effectively manage the practice (i.e. monthly meetings).
​
ACCOUNTING & TAX
-
Financial oversight for the practice accounting and bookkeeping.
​
INFORMATION TECHNOLOGY (IT) & SECURITY
-
Management of electronic medical records (EMR), software implementation and securitization.
​
STRATEGIC
-
Consultation and advisory for overall practice management with professional financial advisors, operational consultants and accounting professionals. Succession planning.
​
BILLING
-
OHIP billings, review for accuracy of billing codes and resubmission of any rejected billings, monthly analysis of outside use for all physicians.
​
3rd PARTY BILLINGS
-
Setup and management of annual block fee program, billing or uninsured services
​
LOCUM STAFFING & VACATION STAFFING
-
Coordination of locum staffing for physicians LOA and vacation staffing for temporary leave for MOA’s.
MEDICAL PRACTICE MANAGEMENT
There are several levels of service for clinic management that be tailored to meet the needs of your clinic and the individual physicians. Price is determined on the level of service.
Level I
Areas of inclusion:
​
-
Operational
-
Legal/Compliance
-
Financial
-
Accounting & Tax
-
Strategic
-
Billing
Level II
Areas of inclusion:
​
-
Operational
-
Legal/Compliance
-
Financial
-
Governance
-
Accounting & Tax
-
Information Technology (IT) & Security
-
Billing
Level III
Areas of inclusion:
​
-
Operational
-
Human Resources
-
Legal/Compliance
-
Financial
-
Governance
-
Accounting & Tax
-
Information Technology (IT) & Security
-
Strategic
-
Billing
-
3rd Party Billing
-
Locum Staffing and Vacation Staffing
MEDICAL PRACTICE AUDITS
-
Full review of an existing medical practice operations.
​
-
Analysis of revenue and expenses within the medical practice.​​
​​
-
Identification of key areas for improvement.
​​
-
Recommendations for improvement of critical areas that fall below standard.
PHYSICIAN RELOCATION SERVICES
MedManage can help physicians with the following:
​
-
Physicians looking for an existing clinic to continue practicing.
​
-
Physicians looking to start a new clinic.
​
-
Physicians looking for a temporary locum position.
​
-
Physicians finishing a locum or looking for a permanent clinic to practice.
​
-
Physicians locate the ideal practice opportunities in walk-in clinics or other collaborative care models.
CONSULTING
-
Practice Audit recommendation implementation
-
Medical lease review and negotiations
-
Electronic Medical Record (EMR) best practices and migrations
-
Strategic Practice Evaluation - succession planning (Physician retirement- transition planning)
-
Evaluation of billing models
-
Physician vacation and locum staffing placements
-
Income optimization evaluation
-
Physician dispute resolution
-
Cost optimization reviews
-
Cost sharing agreements
-
Relocation services for clinics
-
Relocation services for physicians
For any inquiries about MedManage Consulting services:
