Healthcare Advisory Services
At HHM, our Healthcare Advisory Services Group is dedicated to helping today’s practitioners reach their full potential through smart business planning. With more than 60 years of combined experience in healthcare and public accounting, we can provide the financial oversight, practice management oversight, and other resources you need to strengthen your practice.
For both new and established practices, HHM offers onsite practice management on a temporary or permanent part-time basis. Our team also provides strategic planning and performs CFO and controller duties for practices, eliminating the expenses of full-time employees in those positions.
At HHM, we make the health of your practice our first priority. Experience the difference our dedication and knowledge can have on your practice.
Services we routinely provide to our clients:
Financial Management
- Establish controls for cash management
- Analyze and monitor financial performance
- Develop budget to achieve practice objectives
- Analysis of practice costs
- Estate and retirement planning
- CFO and controller services
Practice Management
- Onsite and practice administration - (part-time) temporary or permanent
- Plan and oversee practice start-ups
- Practice mergers and acquisitions
- Provide resources to enhance management’s knowledge and understanding of government issues impacting medical practices
Organization Governance
- Facilitate group governance structure
- Establish, implement and monitor production and compensation standards for physicians and mid level staff
- Develop physician contracts
- Facilitate succession and retirement planning
- Income distribution planning
Practice Management Consulting
- Fee schedule analysis
- Practice management operations review
- Billing and collections review
- Benchmarking
- Procedure cost analysis
- Estate and Succession Planning
Meet Our Professionals
The Healthcare Advisory Services Team
Recent Blog Posts
Employee Theft: Don't Take Chances with Your Practice
At a time when reimbursement rates are being squeezed, what you don’t need is someone surreptitiously removing money from your practice. Yet, that’s exactly what some staff members are doing to ...
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Ensure Your Outsourcing Arrangement Bears Fruit
If your practice is falling behind in its billing and collections, consider outsourcing those functions. Take care, though: Outsourcing can work either very well or very poorly. Here’s how to ensu...
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How To Grow Your Practice With Group Medical Visits
Group medical visits are a growing trend in physician practices. Under this appointment model, a physician sees and consults with multiple patients in a single setting at one time. While your initia...
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