Focused on Administrative and Management Services
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The services of HBC are designed to analyze, detect and correct
inefficiencies that arise in the performance of fundamental
reimbursement and practice security tasks. Acting financially
independent of your billing company, we investigate not only suspected
problems, but also common operational areas that are often overlooked or
not thought to be an issue. We ensure that your business practices are
effective and financially strong.
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| Extensive Business Services |
Although the primary services of HBC are designed to improve cash flow
and lower the probability of regulatory compliance liability, our
expertise and services have evolved dramatically to enhance practice
performance. Below is a list of additional services HBC provides:
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We organize fee-for-service medical groups |
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Construct employment agreements |
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Plan and implement business strategy |
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Design income distribution systems |
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Negotiate hospital contracts |
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Evaluate capitation and risk-based arrangements |
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Manage risk |
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Bargain and enforce contracts with insurance companies and managed care plans |
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Audit documentation and coding |
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Effect strategic partnerships with vendors and suppliers |
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Perform feasibility studies for various business opportunities and ventures |
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Arrange financing |
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Coordinate external billing, legal and accounting |
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Facilitate workshops and strategy sessions |
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| Comprehensive Information Resources |
HBC also develops and maintains comprehensive information and
professional resources to support practices through various types of
complex business decisions |
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We collect and maintain regional and national data |
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Analyze fee schedules |
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Simplify financial information |
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Establish benchmarks |
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Measure physician productivity |
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Assess physician compensation |
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Formulate budgets and cash flow projections |
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Prepare financial statements |
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Value accounts receivable for partnership buy-in and buy-out decisions |
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Evaluate insurance coverage |
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Administer payroll, accounts payable and human resources |
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Monitor legislative changes |
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Act as key advisers on all non-medical aspects of physician practice management |
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