Tracking These 5 KPIs Will Transform Your Practice’s Financial Future
Running a healthcare practice means wearing many hats, but one of your most important roles is managing the financial side effectively. You must consistently track
Maximize Your Revenue: A Step-by-Step Guide to Payer Contract Negotiation
Payer contracts are the foundation of your practice’s revenue in most cases. As a healthcare leader, managing these contracts effectively prevents financial setbacks—ranging from low
Managing Reimbursement Challenges for Financial Stability in Private Practices
Running a private healthcare practice is no small feat. From managing salaries and paying for supplies to keeping the lights on, the expenses pile up
Why Regular Compliance Assessments are Non-Negotiable for Healthcare Organization Success
Compliance in healthcare is essential for delivering quality care, protecting patients, and your organization. It touches every part of a healthcare organization, from ensuring patient
Getting Results for Healthcare Businesses
One of the most rewarding aspects of being a consultant at Complete Healthcare Business Consulting (CHCBC) is witnessing the tangible results of our efforts. Every
Negotiating Effectively with Insurance Companies
At Complete Healthcare Business Consulting (CHCBC), our approach to negotiating with insurance companies truly sets us apart. We don’t just use data as a tool;
5 Tips for Negotiating Managed Care Contracts
Managed Care Contracts are a crucial part of any healthcare provider’s operations. Successfully negotiating these contracts can significantly impact a provider’s financial health and ability
The CHCBC Team Attends NSCHBC Conference
The team at Complete Healthcare Business Consulting attended the National Society of Certified Healthcare Business Consultants’ annual conference in Denver, Colorado, last week. They thrive
Issues in Healthcare Cybersecurity—and What You Can Do
Issues in healthcare cybersecurity revealed with the Change Healthcare cyberattack—here’s what you can do In the aftermath of the cyberattack in February 2024 on Change
What is the Direct Primary Care Model?
What is the Direct Primary Care Model? Physicians and medical practices are hearing more talk about the popular topic of “Direct Primary Care” (DPC). The
Solutions to the 2024 Medicare Cuts to Physician Payments
Medicare rate reduction to physicians and medical practices in 2023 and 2024 New Medicare reimbursement rates went into effect on January 1, 2024. With a
What is Revenue Cycle Management in Healthcare?
Revenue Cycle Management (RCM) in healthcare encompasses all the steps a practice follows to get paid. This process begins when a patient schedules an appointment
Master Fee Schedule Analysis: How to Know Reimbursement Rates for Every Service Provided
Complete Healthcare Business Consulting is a leading provider of healthcare business consulting services in the Holladay, UT area. We help healthcare providers of all sizes
Creating High-Performing Healthcare Organizations
The healthcare industry is constantly evolving, and healthcare organizations need to be able to adapt and change in order to stay ahead of the curve.
Market Demand Analysis for Healthcare Clinics: Understanding Trends and Expanding Opportunities
In the dynamic healthcare industry, understanding market demand is essential for the success and growth of healthcare clinics. By conducting a comprehensive market demand analysis,
Maximizing Revenue and Profitability for Healthcare Businesses: Tips from a Consultant
In the ever-evolving landscape of healthcare, maximizing revenue and profitability is a crucial goal for healthcare businesses. Effective revenue management and financial strategies not only
Navigating Regulatory Compliance in the Healthcare Industry: A Healthcare Business Consultant’s Perspective
In today’s ever-evolving healthcare landscape, regulatory compliance is of paramount importance for private practices. Adhering to various regulations and standards not only ensures patient safety
4 Reasons to Hire a Healthcare Business Consultant
If you have operated a healthcare practice for any length of time, you must have reached a point where you needed a hand to get
7 Steps To Starting Your Physician Private Practice
Having success in an independent private practice that is often changing requires both a sharp clinical judgment and a dedication to working together and solving
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
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
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.
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
What is a Healthcare Business Consultant?
The healthcare industry is dynamic and the Complete Healthcare Business Consulting team is uniquely equipped with skills and solutions to meet the changing demands of
What Is Payor Contract Negotiations
Contracts are important documents that, if not drafted, reviewed, and implemented correctly, can produce painful consequences for healthcare organizations. Qualified attorneys can develop, review, and
What Is Revenue Cycle Assessment
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