Commonwealth
Practice Consultants is called upon to advise on a wide variety
of needs related to the “business” side of medicine and health
care. Our clients have ranged from solo private practices to multi-specialty
groups, to entire health systems. We have also helped dentists, podiatrists,
and other independent ancillary providers. Most of our engagements begin
with a practice assessment. We analyze your practice in order to identify
problems and solve them.
We focus our efforts on the cornerstone indicators
of practice efficiency in the non-clinical areas of:
• Accounts Receivable Review
• Billing, Claims Processing, Collections
• Provider Revenue Analysis
• Payer Contracts and Practice Profile Review
• Patient Flow Analysis
• Patient Satisfaction Survey/Monitoring
• Policy and Procedure Development
• Staffing Analysis
Assessment Surveys require anywhere from a few days to a few weeks, depending
upon the practice size and complexity. Our consultants will observe, interview,
collect data, analyze the information, and provide a comprehensive report
including recommendations for change. Assessments can take a general or
topic specific approach. Every factor of practice management is open to
investigation and modification to achieve a smoother, more profitable practice.
We do not use a "canned" or formulaic approach, preferring to
tailor solutions to the specific needs of the client.
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