McKesson Practice Consulting Solutions

 
 
solution
benefits
services

Practice Management Support Services

  • Improved practice performance
  • Flexible engagements—Interim or long term support
  • Leadership and practice administration
  • Revenue management including coding and billing expertise
  • Compliance risk assessments
  • Strategic planning
  • Training and education

Payor Contracting

  • Improved terms and rates
  • Largest database of provider information for benchmarking and best practices
  • Payor assessment and negotiation
  • Benchmarking and comparison of best practices regionally and nationally

Coding and Compliance

  • Improved coding and documentation
  • Decreased risks for legal and financial exposure
  • Identification and evaluation of compliance risks and missed revenue opportunities
  • Coding and documentation audits
  • Training and education

Revenue Management
/Oversight

  • Enhanced financial and operational performance
  • Realistic plans for strategic growth
  • Flexible engagements, interim or long-term support
  • Revenue management support services to optimize coding, billing and collection performance
  • Wind-down services to maximize revenue during systems conversions
  • Coding and Documentation Audits

Comprehensive Practice Review Services

  • Actionable plans to improve practice performance
  • Evaluation of all non-clinical aspects of your business, measured against industry best practices
  • Billing, coding and compliance
  • Managed care and facility contracting
  • Benefits and compensation
  • Accounting and financial reporting
  • Governance

Subsidy Assessment

  • Determine appropriate levels of subsidies to improve clinical and financial operations
  • Subsidy verification assessments
  • Development of competitive compensation plans

Staff Utilization and Productivity

  • Determine optimal staffing patterns for improved efficiencies
  • Evaluation of current staffing patterns and productivity; compared to national and regional benchmarks
  • Determine optimal levels of staffing and productivity

Joint Ventures

  • Improved financial operations and reduced legal and financial risk

Is Your Practice In Need of a Tune-up?

5 Questions to Ask Yourself...

  • Can I be getting better reimbursement rates from payors?
  • Do my coders really know how to code to get every dollar our practice is due?
  • Is my practice in legal jeopardy because of compliance issues?
  • How productive is my staff, really?
  • Do I wonder what my colleagues in other practices pay their staff? Am I being compensated fairly? What are the national standards?

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