PRACTICE MANAGEMENT & CONSULTING

MSN offers a wide range of services for every area of a Client’s practice. In addition, MSN works to develop additional services for areas of concern that are unique to a particular client.

MSN also offers a broad array of Practice Management Services, including Financial, Executive Level Assistance, Consulting, and Credentialing.

Whether your physicians are hospital employees or in private, multi-specialty practice MSN knows how to apply its core billing and A/R management principles to your setting. The results we have been able to achieve consistently outperform industry benchmarks and the communication we provide enables your organization to have visibility into its operation, growth and profitability.

MSN_SUBSIDIARY LOGOS_1

Our sub-specialized team has extensive experience in radiology practice management

OUR PRACTICE MANAGEMENT SERVICES

  • Design and customization of a
    practice financial statement
  • Budgeting
  • Analysis of practice financial results
  • Financial modeling for new ventures
  • Year end corporate financial planning
  • Practice benchmarking
  • Benefits research, design, and recommendations
  • Business based review of corporate documents and other agreements
  • Human resources consultation
  • General strategic planning
  • Annual strategic planning retreat
  • Assistance with negotiations of professional service and vendor agreements

Many services provided are customized for each client

ADDITIONAL PRACTICE MANAGEMENT SERVICES

  • Annual Budget Preparation
  • Annual meeting with client leadership to review budget
  • Monthly Financial Statements – cost center based
  • Quarterly analysis of variance of actual results in comparison to budget
  • Quarterly analysis of variance from prior years’ financial results
  • Cost center based financial statements with quarterly variance analyses
  • Payables
  • Payroll (management of ADP account)
  • Bank account management including reconciliations
  • Consultation with outside accountant on year end tax planning
  • General Financial analyses needed by client
  • Preliminary year end bonus calculations/coordination with outside accountant
  • Benefits management
  • General (non-legal) benefits and human resources matters consultation
  • Coordination with outside counsel / pension administrators/ other outside experts as appropriate
  • Hospital credentialing
  • Maintenance of physician’s and other clinical provider’s Continuing Medical Education records
  • Imaging Center
  • Imaging Center evaluation including evaluation of profitability by modality
  • Imaging Center development services
  • System evaluations/RFP’s including RIS and PACS
  • Strategic Planning
  • Financial pro formas for business ventures
  • Development of clinical service line
  • Merger/acquisition facilitation
  • Merger/acquisition operational integration plans
  • Marketing plan development / assistance with implementation

OUR PRACTICE MANAGEMENT TEAM

Nicole Palmer
Vice President Practice Management and Finance

CONTACT US ABOUT OUR  PRACTICE MANAGEMENT SERVICES

WHY OUR CLIENTS HAVE CHOSEN MSN