Complete Healthcare Business Consulting Greater Salt Lake City

Revenue cycle management is the beating heart of any healthcare organization. When it’s done right, patients get quicker access to vital services, clinicians can do their jobs more effectively and the organization increases profitability and / or maintains viability.

One of the growing trends in healthcare is patients “shopping” for services. This means practices have an increasing need to know the contracted rates with payors. Practices can accomplish this by securing payor fee schedules at least annually. Providing the cost for service at the time of service personalizing the

Beginnings are critical for any business, and medical practice startups are no exception. Successfully setting up healthcare entities requires several steps; most importantly is the timing and sequence of those tasks. To ensure success you’ll need to hire the right staff, source qualified low-cost vendors and create the organizational structure

If your medical practice is seeking to hire new providers, create or revise compensation models, drive performance, and optimize compensation, then it’s time to conduct a benchmarking and compensation, benefits and production analysis. Through benchmarking, your practice’s performance metrics, such as physician compensation and practice costs, are compared against industry

In healthcare, practices can successfully determine the trends for their services through a market feasibility analysis or where to open new locations. This form of analysis looks at the population, competition, economic and healthcare demands within the market and compares them to components for services to be or are provided