Introduction
Current trends are shifting patient care from hospitals to alternative, lower-cost settings. The pressure on practices to perform at increasingly high levels goes well beyond meeting all PQRS and MIPS requirements. By maximizing practice profitability and realizing all sources of hidden value, a practice can generate 4-7% in annual, incremental margin. Sources may include participating in Care Management services and advanced payment models.
Let us help your organization:
Develop comprehensive outpatient strategy for hospital outpatient departments (HOPDs), given rapidly-evolving reimbursement policies of Medicare and commercial payors
Maximize the profitability under current reimbursement models
Realize hidden sources of value inherent in all physician practicces
Quantify system-wide longer term financial and capital risk
Develop long range comprehensive ambulatory space and capacity plans
Maximize ROI from on-campus real estate and ambulatory space
Realign the business to take advantage of new reimbursement models and help negotiate beneficial commercial payor contracts
Provide Care Management services
We also help our clients by providing:
Ancillary and related services and product growth opportunities
Turnkey physician practice startup and management
Physician credentialing and payor contract negotiation
Physician compensation plan design and administration (bonus earn-out evaluation)