The core service that CMPM provides is practice management. CMPM provides full service practice management to its physician practices substantially decreasing the time physicians must dedicate to the business management of a group. Physician time is usually the most expensive resource of a physician group and any time not spent on revenue generating activities, i.e. practicing medicine, should be limited to key senior participation issues and not what could be handled more efficiently through dedicated business management. This makes contracting with a professional business management group the logical approach to the business management for a medical practice.
But not all management companies are equal. The appropriate practice management company will need to be specialized in the business of medicine and have experience specific to a physician group’s specialty. In addition to this specific experience, depth of this experience is necessary to ensure that the management team has the wherewithal to handle any issue that a physician practice may face in the ever changing business of medicine.
CMPM's professional business management staff provides a level of expertise, experience and a proven track record unsurpassed in the market. It is through this expertise and experience that CMPM can provide its superior level of management and financial success to its clients. CMPM provides its business acumen to all areas of practice management essentially providing all key business functions including but not limited to:
- the accounting function acting as the group's comptroller,
- the human resource function acting as the group's HR Manager,
- the financial management function acting as the group's CFO,
- the operational management function acting as the group's COO, and
- the senior management function including contract negotiations acting as the group's CEO.
Although independent, CMPM’s staff is always available to its physician clients acting through their appointed physician leadership. The physician group is well briefed on any issue and any decision is ultimately that of the physician members.
© 2008 Comprehensive Medical Practice Management, Inc. All rights reserved.
Contracting Essentials
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