Without the critical information you get from coordinated financial planning, your practice or hospital is flying blind. After all, when the revenue is rapidly flowing and in good supply, anything is possible. When the flow of money is too small or too slow, everything suffers, including quality of care, staff morale, employee retention, motivation, productivity, and the practice's financial viability. Successful medical practices have accurate budgets, continuous and specific plans for controlling costs, and responsible strategies for allocating expenses. MBA HealthGroup can help you compare your financial performance against standard expectations of other similar medical practices.

When the finances are sound, anything is possible.

• complete managerial budget creation and assessments
• cash flow analysis and management
• evaluation and benchmarking of any expense from staff and provider salaries to equipment and supplies
• precies month-end report preparation
• quarterly financial data review
• annual "practice at a glance" evaluation
• training in hospital or practice analysis through reporting
• individual or classrom instruction in business management
• accounts payable management
• patient balance tracking
• customized collection process
• fee schedule analysis
• analysis of reimbursements from Medicare, Medicaid and all managed care contract sources
• medical billing services
• customized services to meet your needs