Practice Financial and Operational Assessment
Do You Understand the Financial Health of Your Practice?
When it comes to your physician practice, how do you know whether it’s healthy? With so many variables to consider, such as denials, staffing, and productivity, how do you determine what areas are operating optimally and which are ripe for improvement?
That’s where KSM can help. In a practice financial and operational assessment, our team of experienced healthcare consultants evaluates the key factors of financial health to give you a holistic look at your organization’s financial picture. Here are the areas we assess:
After taking a deep dive into the data from each area, we synthesize the findings into a workplan that includes key observations and our recommendations. By identifying the complexity, timeline, and investment level for each item on the plan, we aim to remove any barriers to effective implementation.
Simply put: We turn hard numbers into actionable insights that will help positively impact your margins and profits – ultimately improving your organization’s financial health.
Whether you’re a system-owned or independent practice, KSM is here to help ensure your practice’s health.
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