Scope of Services

The current healthcare environment demands innovative, forward-thinking solutions to challenging problems. PHMG's products and services bridge the gap between physician practice needs and boiler-plate efforts that cannot solve complex, client-specific problems. In all cases, PHMG places great emphasis on the inextricable links between operational efficiency and financial performance.

PHMG provides a comprehensive array of physician practice management services, ranging from single-scope consulting engagements to full-service practice management of existing physician practices, including: strategic planning; practice management consulting; contract acquisition; third party payor contract management; physician recruiting, selection and other associated human resource functions; finance/accounting; and information technology services.

Revenue Cycle Management

• Document imaging and storage
• Coding
• Charge submission
• A/R resolution

Global

• Practice formation/seeding
• Structure, governance
• Strategic planning and implementation

Business Operations

• Contract negotiations
• Leadership and staff development

Clinical Operations

• Staffing arrangement analyses
• CQI programs: development, implementation; ongoing monitoring and reporting
• Practice/provider performance analyses and benchmarking

Finance

• Global financial management: generation of budgets, P&L statements, ongoing monitoring and reporting
• Generalized financial analyses (e.g. revenue/expense, cost saving opportunities)
• Contractual analyses: third party payor, facility-provider, others
• Payor mix/business development modeling

Human Resources

• General administration
• Benefit plan designs
• Payroll processing

Corporate Compliance

• Corporate compliance risk assessment
• Plan development, critique and/or refinement