Financial Management Consulting
- Monthly financial reporting – Get financial reports in a format that makes sense to doctors and business people. We use your data including quickbooks, practice management and other available information to tell you cost per visit, cost per RVU, etc.
- Fee schedule analysis – We review your fee schedule to make sure that you are in line with what your competitors are charging and to make sure that you are not leaving money on the table.
- AR management – We help you analyze whether you have money that is hiding in accounts receivables. We help your practice clean up old accounts and turn that money into useful current assets rather than declining in value.
- Cash flow Management Consulting and Optimization
- Expense review and reduction – We help you answer the question of how much you should be paying for supplies, services and equipment.
- Internal control audits – Review your internal controls to make sure that you are not losing money to staff, or other internal fraud.
- Cash security assessments
- Analysis and research for acquisitions – Prior to purchase, we can help you assess the value of the practice you are acquiring.
- Lease/purchase analysis
- Practice valuations – How much is your practice worth, or the one that you are acquiring? We help you assess how much you should pay or help you negotiate how much you should be paid.