Whether you are a solo practitioner or practice in a single specialty or multi-specialty medical or dental group, as a doctor in the 21st century you are faced with many perplexing business pressures and problems. Fundamental changes and challenges in the healthcare market place have resulted from declining reimbursements, soaring malpractice rates, new federal compliance regulations, employee issues, increased competition, vertical integration, practice consolidation and over supply of providers in some urban markets. With ever increasing pressure on practice profit margins, today’s doctors cannot afford to ignore the issues and problems raised by these internal and external market forces.
How you respond to these challenges can have a significant favorable impact on your practice’s bottom line. However, without proper counsel and guidance, dealing with these complex business problems is both difficult and time consuming. This is especially true for Doctors who are already frustrated with the ever increasing paperwork and other administrative demands on their time in addition to the increased patient volume and longer working hours necessary just to maintain prior income levels.
Healthcare Management Consultants, Inc. provides the necessary practice management consulting services to assist you in making sound, well informed business decisions which will not only improve your practice’s profitability and productivity today, it also positions your practice to meet future economic challenges as well. Our value to your practice is a higher level of profitability, lower level of stress, and increased piece of mind that will significantly improve the quality of your professional and personal life.