Medical Practice Management                                    


We at Physicians Financial Resources focus on providing "How-to" advice for delivering high quality care, increasing patients' satisfaction and improving medical practices profitability. With an emphasis on working smarter and more efficiently; we work with you to develop plans and strategies for dealing with fiscal management, marketing, information technology, benefits and compensation, legal and tax issues, office operations, coding, and human resource challenges that practice administrators, practice managers and physicians face on a daily basis.

You spent over a decade training to be a doctor. Now you spend half your time dealing with managed care issues, staff problems, regulatory compliance, rising operating costs and decreasing reimbursements. With Physicians Financial Resources at your disposal, these problems are now under control.

Regardless of size or specialty, every medical practice's success can be enhanced by timely access to accurate patient, financial and clinical data and the ability to analyze and use that data effectively. Physician Financial Resources uses an advanced practice intelligence tool and offers easy-to-use solutions for effective management control. With over 140 standard reports and ad-hoc information analysis, we can provide a powerful foundation for addressing financial and clinical management challenges today and in the future. Here are some of the key benefits:

  • Practice & Financial Analysis Benefits
    • Manage practice more effectively with comprehensive practice intelligence
    • Negotiate and assess managed care contracts
    • Monitor and compare payments to fee schedules
    • Monitor Fee-for-Service payer performance
    • Address performance-based provider compensation
    • Manage targeted marketing campaigns
    • Meet federal and state reporting requirements
    • Decrease staff report preparation time
    • Track patient clinical trends

There are two main areas of any healthcare practice that we focus on and these are:

  • Practice Management  & Consulting:
    • New Practice Startup
    • Complete evaluation of an existing practice
    • Project Planning and Strategies
    • Practice Transitions through ownership changes
    • Conflict resolutions
    • Office Management & Operations
    • Mutli-facility and Multi-disciplinary Practice Management
    • Marketing
    • Human Resources
    • Team Building
    • HIPAA

  • Medical Practice Accounting
    • Accounting Services
      • General Ledger Accounting
      • Bookkeeping
      • Payroll Services
      • Accounts Payable
      • Cash Flow and Budgeting Analysis
    • Financial Analysis and Easy to understand Reporting
    • Tax Services
      • Individual Tax Planning
      • Business Tax Planning
      • Individual Tax Preparation
      • Business Tax Preparation
      • IRS Representation

Help is just a phone call away. We can help you become a doctor again, who cares, worries, helps and cures his patients. Please feel free to contact us to discuss ways in which we can help you.