Over the last several years, private practice financial fundamentals have fundamentally changed. Using our proven processes and technologies, CTech is able to assess the overall financial health and long-term viability of a practice and provide valuable insight. Typically, the starting point is a data-driven detailed analysis of electronic Claims data (de-identified or otherwise) and spotting any odd patterns and anomalies there. Conducting a similarly detailed analysis of practice’s payroll, office expenses, financial policies towards patient collections are just the first few steps.
A few of the assessments CTech offers to practices include:
Based on the above assessments, CTech offers assistance in the following:
Identifying problems, driving process changes and ultimately improving cash flow is our goal. No matter the size of your practice, we assure you that you'll find CTech's practice analytics invaluable.