Plastic Surgery

With discretionary spending limited by many patients, Plastic Surgeon’s are struggling with a host of challenges these days, so you probably have something in common with the clients we’ve worked with. They express frustration about patient choices based upon price not quality of outcomes, too few of their favorite cases, stagnant or declining revenues, increasing overhead, and working more hours than they’d like.

MDMANAGEMENT is a full-service management & marketing firm that specializes in healthcare practices. Your forte is healthcare. Ours is boosting the health of your practice with solid business expertise, and that includes strategic solutions that help you reach your goals. And more important, we continue to monitor your growth so you can set – and achieve – bigger, better goals each year.

Practice Assessments
Our practice management consultants are experienced in the day-to-day management of a Plastic Surgery group practice and can perform a focused or comprehensive practice assessment to identify opportunities to increase income and physician productivity by focusing on critical elements that impact reimbursement, overhead and billing/collections.

Practice Administration / Management Oversight
Physician practices require sound management oversight and accountability of staff to operations. MDMANAGEMENT provides multiple levels of Practice Management Oversight based on the practice’s unique needs.

Policies and Procedures / Accountability Controls
Lack of documented policies and procedures linked to staff responsibility and accountability forces staff to ‘rule by exception,’ creating data quality and compliance headaches. To strengthen operations and compliance, we review, develop and refine financial and operational policies and procedures, and establish measures to monitor operational performance.

Staff Development & HR Management
Personnel costs can represent the practice’s single highest expense and the greatest factor for practice management success. We review current management and reporting operations, perform task analyses to gauge workflow, division of responsibility and then match tasks to staffing requirements. We can develop personnel policies, educational programs, task-oriented position descriptions, evaluations and establish salary and productivity ranges.

Practice Start-Up and Expansion
We bring years of experience to help set-up new Plastic Surgeons and let them become productive as quickly and inexpensively as possible. We can help build your patient base, add ancillary services, develop additional referral sources, develop group practice governance and identify expansion opportunities. Our conservative yet contemporary approach helps heighten awareness of your practice, improve patient satisfaction and increase market share. We can even help determine the feasibility of a satellite office.

Compensation, Productivity, Income Distribution
With the changes in managed care reimbursement, fair distribution of earnings among physicians can be critical to productivity. We design equitable compensation plans that maintain – and often improve – professional relations.