Practice Management for Physicians
Medical Practice Integration Counseling
When it comes to merging your practice with a hospital, HMO, or even another practice, you need an expert to ensure you get full value for the transaction. Our Family Office can introduce you to integration experts that help you address a variety of issues. These include administrative and practice management services, physician financial risk sharing, joint ventures to create new services, computer linkages (such as between a practice and a hospital, or between two merged practices), physician involvement in strategic planning, and salaried physician arrangements. Most important, these experts will work directly for you–not for the hospital, HMO, or practice negotiating to acquire your business.
Medical Practice Marketing
From brochure and logo development to website content and design, many physicians are starting to understand that marketing may be necessary if a practice is to grow. Savvy marketing can attract new patients, build loyalty among existing patients, increase physician referrals, recruit new doctors and mid-level providers, and increase profits. Our marketing experts can help you grow and increase the value of your practice.
Medical Practice Management
Declining reimbursement, bill collection, managed care issues, staffing problems, and an ever-changing regulatory and compliance environment are just some of the challenges facing physician practices today. We can help you increase your practice’s efficiency while you concentrate on practicing medicine.
Medical Practice Valuation
When the time comes to retire a partner, add a new one, gift ownership for tax planning, merge your practice, or go through a divorce, expert valuation is invaluable. The Physician Family office ensures your practice is valued fairly, without interrupting your business.
We encourage you to learn more about all the services you can enjoy through your Physician Family Office. Give us a call at (212) 293-3456 or e-mail us at DLeMoine@abbygroup.com to arrange a time to talk with us directly.