Practice Management
Physicians often find themselves in crisis management mode without sufficient means to meet the financial needs of their practice. 1st Choice Medical Management provides oversight and supervision of your day-to-day practice operations, your collections and cash flow, and your long-term goals and strategic planning. We handle all administrative aspects of physician practice so that our physician client is able to focus on, and maximize, medical practice without distraction.
From a day-to-day practice operations standpoint, we handle staffing of the office, training and development, human resource management, practice management system implementation and putting compliance programs in place. We ensure that your office projects the atmosphere and image you desire.
From a collections and cash flow perspective, we manage your participation in insurance plan contracts, file your claims electronically, follow-up on account balances, negotiate pricing with vendors, and pay practice expenses on a timely basis. Overall, we ensure that you have the best reimbursement (accounts receivable) and the best prices (accounts payable) possible.
To achieve your strategic plan and long term goals, we handle the marketing of your practice, advise you on major purchases by doing return on investment analysis, interface with third parties on your behalf, and ensure that your practice is on track to meet your vision.
1st Choice Medical Management provides a host of services for new and existing practices. Our services include (but are not limited to):
- Business Development
- Office Development
- Marketing
- Operations Management
- Billing & Collections
- Credentialing
- Human Resources Administration
- Bookkeeping
- Consulting & Analysis
- New Practice Start-Up
We are committed to delivering the results our clients deserve. We never lose sight of one simple truth … the physicians we serve depend on us.