Effective Solutions by Our Healthcare Consultants

Bring our experts to manage your practice!

We offer a full range of consulting services--all designed to help your practice reach its potential. Whether you're looking for a small tweak or complete overhaul, we have you covered. We work on a project basis or as a monthly management service. You choose what service works best for your practice and your budget.
Whatever your situation and the challenges you face, we have solutions.

PPM is affiliated with Adamowski & Adamowski, PC

A full-service certified public accounting and business consulting firm that has been in business for fifty years. This affiliation provides a combined team of business consultants and experienced bookkeepers to offer your practice expert advice on business and practice management.

We offer consulting for:

  • New practice start-ups

  • Established practices

  • Private practice

  • Hospital based

  • Single or Multiple Specialties

  • Mental Health

  • Chiropractors

  • Dentistry

  • Optometry

Accounting and Bookkeeping Services

Financial Management:

Monitoring of key performance indicators, on an on-going basis, is necessary to assess the financial performance of your practice. Results that deviate from established practice standards and other industry benchmarks require immediate attention and early corrective action to maintain and improve financial performance. Management of your accounts receivable (AR) and billing service is critical.
We monitor your practice, design meaningful management reports and meet with you on a routine basis to review your results. This ensures that you are always informed about your practice. Early interaction is key to successful financial performance.

  • Set up and design of key performance indicators

  • Preparation of budgets

  • Revenue projections

  • Fee schedule and reimbursement analysis

  • Cost analysis comparing practice results to "better performing" practices of similar scope, size and specialty.

  • Workflow analysis

  • Accounts receivable analysis

  • Billing and payment reviews to evaluate your billing service

Accounting and Bookkeeping Services:

A unique feature of PPM is its ability to offer cost-effective turn-key accounting and bookkeeping services:

  • Payroll services including federal and state tax returns, remit of payroll tax payments and bank account reconciliation

  • An efficient accounts payable system

  • Accounting services including monthly income and expense statements and balance sheet

  • Report formats are customized to meet your needs.

Do you know the answers to these important financial questions?

  • How do your reimbursement rates compare to your contracted rates?

    You might be surprised to find out that you are not being paid according to your signed contract

  • How does your billing service and AR compare to industry standards?

    Are you receiving optimal service?

  • What are your collection and claims denial rates?

  • How do your operating and overhead costs compare to other practices of similar scope and size?

  • Is your AR trending in the right direction?

  • What is your Days in Aging?

  • What is your cycle time from patient visit to final payment?

  • How do your staff wages compare to other medical practices?

  • Are you taking advantage of discounts from your vendors for achieving established payment targets?

This list is far from exhaustive. Call us today to set up a time to discuss your specific situation and needs.

Operations Analysis

As the general practice and business advisor, we work with you, your office manager or other designated office person to develop a staffing and operations plan to meet the needs and priorities of your practice.

  • Evaluation of current operational efficiency and existing staffing model with recommendations for improvement

  • Patient Flow Analysis

  • Resource for troubleshooting operational issues

    We are a resource to you and your office to provide recommendations and suggestions for troubleshooting those expected and unexpected operational issues.

  • HR Management and employee benefits

    We can provide you with HR advice and recommendations.  Services include but are not limited to, assistance with hiring of personnel, new employee orientation checks lists, employee handbooks, policy and procedure manuals and an employee evaluation tool.  We can also assist with oversight of an employee benefits package including health insurance and retirement plans.

Operational Questions to Consider:

  • Do you have the right staff ratio for your practice size?

  • What is your total operating cost per FTE?

  • How does your operating and overhead expense compare to revenue earned?

  • How does your operating expense compare to practices of similar scope and size?

This list is far from exhaustive. Call us today to set up a time to discuss your specific situation and needs.

General Practice Services:

Additional management services include assistance with:

  • Strategic planning and new business development

  • Compensation analysis

  • Assist with buy-in and buy-out procedures

  • Choosing and Implementing an Electronic Health Record (EHR)
    Choosing an implementing a new EHR can be a daunting task. Let us assist you with this challenging project.

  • Merit Based Incentive Payment System (MIPS) and other quality incentive programs 

  • Report Development and Data Mining
    Having trouble getting meaningful and useful reports from your EHR? Let us assist you with getting your information from your Practice Management System (PMS) or EHR.

  • Evaluating and Choosing a New Billing Service

  • Set-up of New Ancillary Services

  • Set-Up of new Site Location

  • Assistance with compliance and other regulatory requirements such as HIPAA, HITECH and OSHA.

  • Coordination of services with other professional advisors such as accountants, legal counsel and insurance agents.

  • Compliance and regulatory requirements

    Do you have appropriate security policies in place to prevent employee fraud and embezzlement?

  • Patient Centered Medical Home (PCMH) 

This list is far from exhaustive. Call us today to set up a time to discuss your specific situation and needs.

Specialty Areas including but not limited to:

  • Cardiology

  • Gastroenterology

  • Primary Care

  • Pulmonology

  • Radiology

  • Clinical Laboratory Services

  • Hematology Oncology

  • Nephrology

  • Orthopedics

  • Internal Medicine

  • Pathology

  • Otolaryngology

  • Emergency Medicine

  • Chiropractors

  • Dental care

Our clients enjoy the security of knowing that a senior level practice administrator is working with them and their office staff to oversee the successful management of their practice.

Modern Medicine Deserves Modern Management!