8 Keys To Starting A Successful Private Medical Practice

8 Keys To Starting A Successful Private Medical Practice

It can be a rewarding and challenging endeavor to be a physician looking to make a living in private medical practice. Private practice, owned entirely by doctors rather than a hospital, health system, or other entity, is far from dull. According to the American Medical Association‘s Physician Practice Benchmark Surveys in 2020, 49.1% of physicians […]

Key Performance Indicators (KPI) for Medical Practices

Key Performance Indicators (KPI) for Medical Practices

A medical practice’s key performance indicators (KPI) provide valuable insight into operational and financial soundness. At Complete Healthcare Business Consulting, we develop comprehensive practice analytic KPI reports to monitor performance, enhance compensation models and to help with faster decision-making. The Challenges of Data Analysis Across Practices  Data is not siloed in a medical practice to […]

Optimize Revenue with a Fee Schedule Review

Optimize Revenue with a Fee Schedule Review

When was the last time your practice reviewed its fee schedule? We found that most practices set fee schedules and rarely conduschedules ct annual reviews. Fee schedules are outdated, and so is coding. Every year, payers update their fee schedules for current and new CPT codes, so providers should do the same. Your fee structure […]

How Revenue Cycle Assessments Maximize Profits

How Revenue Cycle Assessments Maximize Profits

For over 20 years, the Complete Healthcare Business Consulting (CHCBC) team has conducted numerous assessments of revenue cycles for practices all over the country. Through a consistent, proven process, each assessment provides an in-depth analysis of your processes, data, technology, fee structures, and employees. The final report gives each practice a solid base for growth […]

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