Medical practices and health care service providers are facing extreme challenges with the rising cost of medical care, decreased reimbursements from insurance companies and increased government regulations. These issues are dramatically affecting not only profitability, but productivity as well.

At KFMR, we have worked with hundreds of health care providers - from primary care physicians to specialty practices to health care organizations - in such areas as improving cash flow, increasing profitability, and designing compensation plans. Our health care industry experts have also assisted start-up practices as well as those buying, merging or selling their practices.

Specialized Consulting

• Accounts receivable assessments
• Operations assessments
• Medical practice valuations
• Start-up practices
• Merger, acquisition or sale of practice
• Managed care contracting strategies
• Physician compensation and incentive strategies
• Strategic and business planning
• Contract negotiation support
• Fee structures
• Optimization of cash flow
• Project feasibility studies/joint ventures
• Billing and collections procedures
• Cost/benefit analysis of services
• Admission of new shareholders/shareholder buy-outs
• Succession and retirement planning