The University of Georgia Small Business Development Center offers medical practice consulting services geared to improving efficiencies and profitably. There is no charge for the consulting, which depending on the needs of the practice, can focus on any of the following areas:
Financial: Cash flow, accounts receivables and profitability.
Work Flow: Time and efficiency analysis of the patient experience process
HR: Analysis of duties and roles of practitioners and staff in the practice
Coding: We are not experts in medical coding. However, we can analyze how the coding process might be improved based on staff functions and responsibilities and insurance filing procedures.
The Medical Practice Management team at the Georgia SBDC Network collaborates with medical groups in Georgia to spread the word about our services and to provide their members timely subject matter to advance their business acumen.
The articles below appeared in the Medical Association of Georgia’s monthly e-news publication.
During our Medical Practice Profit Drivers class we ask participants what area of the practice they think is the most critical to driving profits: clinical, front desk or billing? The question always generates lively debate with an almost equal split among people forcefully arguing for one of the three departments. When the front desk faction […]
A tool like email marketing makes it quick and easy to promote your business and drive sales during the holiday season. Whether you sell products to customers, offer services to other businesses, or run a nonprofit organization — there are plenty of last-minute emails you can send out before the end of the year.
Owners of growing medical practices often ask if they can afford to hire a new provider or bring their medical billing in-house. We have developed tools to determine the cost of adding medical practice employees. Clients are often shocked at the calculations. Our tools examine one-time upfront costs such as recruiting, credentialing and legal fees, […]
High-deductible insurance plans pose new challenges for medical practices. The end result is that patient collections are shifting from third-party insurers to medical practices. This added collection burden spawns other obligations that medical practices might not want to tackle, but in the end will have to face: Patient Education Most people with high-deductible plans […]
Who doesn’t want to boost their brand and elevate your online exposure? Well, you’re in luck! Google offers ginormous selection of tools that make “brand boosting” possible for your small business. While some of these services are well known, others are a bit hidden. Regardless, the major commonality of these tools are that they can be a […]
This is the first in a series of exclusive articles for ‘e-News from MAG’ that will highlight ways for private practice physicians to improve their practice’s financial performance. Solo primary care practices in small markets face a number of daunting challenges when it comes to keeping their doors open in today’s environment. Managing three critical […]