Executive Management

The Manager will provide the Executive Management Services in consultation with the Practice and at the Practice’s ultimate direction and discretion.  The Executive Management Services include the following:

The Manager will provide support or consulting services for the Practice in the following general administrative areas:

• Executive decision-making training and support;

• Practice restructuring and personnel/job performance coaching;

• Identifying various cost containment initiatives and negotiations including, supplies, equipment, real estate, debt services, and other needs of the Practice;

• Best practices for internal and external communication;

• Identification of potential compliance risks;

• Review key vendors and recommend changes as appropriate;

• Operations benchmarking, management meetings, and KPI development.

The Manager will provide support or consulting services for the Practice in the following financial management resourcing areas:

• Review of financial management processes (cash management, bank reconciliations, and bank relations);

• Guidance in best practices for the preparation of business forecasts, annual budgets, and ad hoc analytics to support Practice operations;

• Review of current compensation models and recommendations based on the needs/desires of the Practice;

• Review and benchmarking of accounts receivables and payable.

The Manager will provide support or consulting services for the Practice in the following ancillary operations resourcing areas:

• Discuss options for the development of various ancillary service lines.

The Manager will provide support or consulting services for the Practice in the following revenue cycle operations resourcing areas:

• Performance benchmarking;

• Review of patient collections policies and front desk collection metrics;

• Assistance in the development of revenue cycle policies to support Practice administration.

The Manager will provide support or consulting services for the Practice in the following third-party payer contracting and relationship management resourcing areas:

• Evaluate Practice’s various third-party payer contracts and provide recommendations on payer strategies.