Practice Management Services

Practice Management Services
We recognize that each anesthesia practice is unique cultures, coverage & call philosophy, staffing models, service sites, compensation rules, and so forth. That’s why we work closely with you to develop a customized set of strategies and practice management solutions to EXACTLY meet the needs and goals of your business. SupportMed provides a personalized & tailored approach to fit your needs (not vice versa!)
Our highly experienced senior management professionals and finance experts can evaluate your operations and provide best practices, processes, and support to help you work more efficiently and cost effectively, maximize your revenue, and maintain a business model that meets the needs of both the overall practice as well as the members therein.

Specialized practice support

  • Practice revenue analysis
  • Customized management reports
  • Third party payer negotiation and contracting
  • Managed Care contracting & payment surveillance
  • Contract negotiations with facilities and sites
  • IT Management

Financial management & accounting

  • Full-service practice accounting including payroll, payables, general ledger, doctor distributions, etc.
  • Liaison with your CPA/accountant
  • Monthly financial reporting
  • Financial analysis to track accountability & measure goals
  • Secure electronic capabilities throughout

Physician Support

  • Physician and staff recruiting & orientation
  • Group practice formation & staffing models
  • Provider compliance monitoring & training
  • Individual profiles & comparative peer data

Senior advice & consultation

  • Board & divisional level reporting & guidance
  • Operating policies & standards development
  • Governance & formation
  • Compensation structures