Practice Management Consulting

When is it time to work with a consultant?

Practice start ups: Start your new practice on a solid foundation with the right systems in place before there are problems to promote efficiency and profitability.

Renew your practice: Some dentists find their practice in a "slump" and need to reenergize their team with a comprehensive analysis of the practice's financial data, systems, policies, goals and strategies for improvements.

To launch any practice improvements, it is critical to have the cooperation of every team member and this is why Modern Practice Solutions feels it is necessary to include every team member during the entire consultation process - from one-on-one interviews, data collection, report of findings to the on-going team meetings that provide an opportunity for learning and site-specific training.

In choosing a consultant, is important to work with an individual and company whom you feel will accomplish your objectives. Additionally, it is important to find a good "fit" in personality and management styles.

Olivia is convinced that the Practice Owner is the practice's leader and her goal is to enhance the leadership skills of the dentist to aid the practice's growth. The team therefore respects the dentist as their employer and leader while Olivia, the consultant, serves as the source of motivation, accountability and industry expert.

With new clients, Olivia initiates the consulting service with a Practice Management Assessment which provides dentists and practice owners with a detailed overview of the dental practice based on a detailed analysis of management reports, on-site observation and team interviews. The written assessment outlines areas that can be improved to promote increased profitability and efficiency. It involves two to three days on site and one day offsite for document preparation and a team meeting to present the findings. Analysis includes:

Administrative Systems (broken appointments, referrals, insurance, etc.)
Mission Statement
Individual Team Member Interviews
Existing Marketing and Advertising
New Patient Flow
Procedure Mix
Appointment Scheduling
Compliance Issues (HIPAA, OSHA, Dept. of Labor, CDC)
Facility Assessment
Treatment Plan Acceptance Rate & Patient Retention
Collection - Production Ratio
Coding, Billing and Insurance Management
Technology Assessment
Profit and Loss Statements
Practice Management Reports
Evaluation of Practice Goals
Conflict Resolution
Fee Schedule Analysis
Implementation Schedule

NOTE: Implementation sessions includes one on-site day, team meetings/training, follow up reports and documentation, monthly review of management reports and unlimited telephone support.

Ongoing Management Support

For ongoing management support, practice management strategies and transitions, please contact one of our trusted fellow consulting groups:

Mahan & Associates

Garland Mahan, Chris Mahan & Gary Grubb
www.mahanassociates.com
Telephone: (615) 883-7800

This group is certfied as healthcare management consultants who work with medical and dental practices primarily in the TN area. Olivia is one of their featured speakers and onsite compliance trainer.

The Linda Harvey Group

Linda Harvey, RDH, MS, LHRM
www.lindaharvey.net
Telephone: (904) 573-2232

Linda specializes in dental and medical risk management. She features our publications in her compliance programs. You'll love Linda's energy and how detail-oriented she is in assisting your practice.

Snyder Group

Tom Snyder, DMD, MBA
www.snydergroup.net
Telephone: (800) 988-5674

The Synder Group provides a full range of financial, transition consulting and dental practice sales services to help dentists throughout the United States to achieve their financial goals. Modern Practice Solutions provides compliance training for their clients.

Lois Banta
www.bantaconsulting.com
Telephone: (816) 847-2055

Lois and her team of experts specialize in practice management focusing on hygiene, insurance and growing the dental practice. Modern Practice Solutions provides compliance training & policy development for their clients.

Technology Consulting - HIPAA Compliant

The Digital Dentist - Dr. Lorne Lavine

www.thedigitaldentist.com

Lorne Lavine, DMD, A+, Network+ (866) 204-3398