The challenges of running a private medical practice are numerous. Add multiple physicians to the mix, and the challenges multiply exponentially. Many doctors cite paperwork and administrative tasks as their biggest stressor and the largest drain on their time. As medical science has advanced, so has everything else involved with a medical practice – accounting, record keeping, and other paperwork.
Fortunately, there are a multitude of tools out there to assist medical professionals with organizing the administrative side of their businesses so that they can achieve a thriving, efficient practice that allows them to spend more time focusing on medicine and patients.
Whether your organi
zation has multiple physicians in the same office, multiple physicians in multiple offices and/or departments, multiple types of practitioners, or a combination of all of these, it is possible to efficiently and accurately track revenue and other profitability measures. While most traditional, basic accounting suites don't take into account the unique structures and needs facing a multi-physician practice, there is software available to suit your needs.
Choosing the right software to do your ‘heavy lifting’ eliminates a substantial amount of stress and can lead to better and more streamlined business practices. Streamlined business practices save time, giving physicians a chance to do more clinical work and less clerical work.
Oates & Company will assist you in evaluating your needs and preferences and then work with you to develop and implement a solution that achieves your goals. We can improve your business practices and increase your revenue all while maintaining a high quality of care.
Please contact us to get started.
