The PractAssist goal is to help physicians who run their own businesses. A dedicated liaison participates in office activities and uses our pool of talent when you need specialized resources. The extent of our involvement depends on your needs…click to view some of the things we can help accomplish that will add value to your practice.

Office Administration
Contracts & Credentialing
Financial Management
Compliance

Office Administration
The PractAssist goal is to help physicians who want to run their own businesses. A dedicated liaison will participate in office activities and use our pool of talent when you need specialized resources. The extent of our involvement depends on your needs … here are a few of the things we can help accomplish:

• New practice start-up
• Daily administration issues:
  • Insurance contracting and privilege/certification credentialing
  • Office administration
  • Consulting projects, operational assessments
  • Legal services
  • Malpractice suit organization
  • Audit assistance
  • Capital equipment
  • Accounting
  • Compliance
  • Staffing and management
  • Financial planning
• Buy-outs and practice sales
• Building development:
• Physical building purchase
  • Design and build out
  • Remodeling
  • Web site design and administration

Contracts & Credentials
Contract negotiating really is more than just filling out forms. An experienced negotiator can bring about an increase in your reimbursement rates that really makes a difference in your bottom line. Once your information is in our system, we can quickly handle the following:

• Privilege renewal
• New contract acquisition
• Contract renegotiation
• Capitation to Fee-for-Service negotiation

We can make recommendations for increasing your chance of higher rates, and low per-contract fees with bonus incentives for increased reimbursement rates and special situations ensure you get the best service possible.

Financial Management
Our experienced accounting and finance staff can help with your professional and personal expenses, capital purchases, and daily banking. Adding financial value to your practice now will ensure a solid future so that your practice can grow or poise for a profitable buy-out.

• Physician buy-ins and buy-outs
• Income tax preparations and planning
• Strategic planning
• Capital budgeting
• Financial forecasting
• Cash flow analysis
• Payroll and human resources
• Group health insurance
• Employee benefits
• Retirement strategies and planning