• Start Up
  • Assessments
  • Construction
  • Credentialing
  • Human Resources
  • Support

Physician Practice Start Ups – Turn Key Practice Start Ups are our signature product. Combined we’ve helped open more than 150 physician businesses in all specialties.

Whether our medical practice start-up clients are recent graduates or seasoned practitioners, they’re always relieved and pleased to see that Practice Remedy Consultants has developed a comprehensive program designed to help practices work efficiently, properly, profitably and smoothly from inception. Investing time and money to ‘do it right’ from the start saves future time and money wasted to fix problems innocently created when uninformed or hasty decisions are made.

The critical components of new practice set-ups that Practice Remedy Consultants address include:

Selection and Build-out of your Facility Your Financial and Banking Needs
Your Legal Structure Your Staffing Requirements
Your Technology Needs Your Clinical Processes
Business Development and Marketing Efforts Your Billing & Collections Services
Your Equipment and Supply Needs Policy Manuals & Business Form Requirements
Operations -- Administration, Accounting, Credentialing, Privileging, and Payor Contracting

Practice Assessments - The pressure on today’s practices makes it imperative that administrators make comprehensive reviews of all aspects of the practice, particularly financial components that affect cash flow. Unfortunately, most Administrators are too busy with daily operations of the practice to stop to perform periodic comprehensive practice assessments. Declining physician reimbursement, coupled with the increased costs of doing business, dictates that practices identify areas of underperformance and optimize opportunities for increased profitability. Practice Remedy Consultants can perform a practice assessment that will provide our client with definitive overviews of the practice’s current status, comparisons to industry benchmarks, and options for improved efficiency and cost-savings. Areas addressed include:

Internal Controls & Personnel Assessment Payor Assessment
Accounts Receivable Assessment EOB Review
Billing and Collection Process Assessment Charge Ticket Review
Coding Analysis Physician Compensation Analysis

Construction Management and Design - Managing Construction during the process is imperative to assure that timelines are met, compliance is addressed, and things stay on track. Our consultants can provide management to the construction process – representing your interests and viewpoint with the General Contractor while you continue practicing medicine or focus on other elements of your start-up. We can help choose design elements, interior decor, telecom designs, and equipment and furnishings placement.

Provider Credentialing & Contracting – Certified Professionals handle Provider Credentialing and Contracting Negotiations. We can minimize the process hang-ups and maximize the provider reimbursement through proven processes.

Human Resources Management – Running a business is hard enough with out the challenges of managing the staff benefits, payroll, annual performance reviews, interviews, discipline, documentation and terminations. Let our consultants assist you in streamlining HR Management, and ongoing evaluation of staffing and benefits.

Ongoing Support - We’re seriously invested in the businesses we assess and develop. We make ongoing services available and affordable to help maintain the quality of the systems that our consultants put into action. Hourly and retained services are available so that your business has the resources it needs for as long as you need them.

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