One in a series of programs designed to develop people to their full potential

A. OBJECTIVES AND SUMMARY

• To establish adequate financial controls for the physician’s practice.
  1. Minimize risks of financial loss
  2. Provide the Doctor with control over his practice
  3. Develop a system of financial "Checks and Balances"
  4. Improve the financial management of the practice
  5. Improve the overall efficiency of the practice
  6. Provide "Doctor Friendly" reports

• This program is designed to help the Physician take charge of the financial situation of his/her practice. It is effectively tailored to the specific needs of the practice. This includes:
  • Observation of office operations and recommendations on improvements to the organization
  • Review of the current computer system, its capabilities and limitations
  • Customization of the program to the priority needs of the practice

• The duration of the program depends on the needs of the practice. It can range from one half (1/2) day to seven (7) days. This program can include the following products:
  • Recommendations on the practice’s organization
  • Control and detail financial reports
  • Office Procedure Manual
  • Process flowcharts for the practice

C. PROCESS

• This program includes
  • consulting and training of the staff on the use of the financial reports and operational procedures recommended.
  • training of the physician on the review of the management control reports and monitoring of staff financial activities.

D. BENEFITS

• Minimized risk of financial loss
• Improved cash flow
• Giving the physician control of the practice