In response to the financial conditions in the healthcare market, On Call Medical is offering a free program to assist local healthcare practices with financial and business planning in preparation for a projected tough first quarter of 2009. The program serves small to medium-sized healthcare practices (medical, dental, physical therapy, optometry, etc.) that are either experiencing or anticipating significant financial troubles.
Help is needed now in order to keep many small healthcare practices in business. If something isn’t done to help some our community’s smaller healthcare practices, a number of them will struggle to remain open in 2009.
Healthcare practices are being affected by rising unemployment, an increasing number of insured persons, insurance plans that require higher deductibles, co-pays, all leading to higher amounts that are the responsibility of the patient. Recent healthcare consumer surveys have confirmed that patients have begun to delay treatments and prescriptions because they can’t afford their increasing portion of the cost. This is resulting in a decrease in revenues for many small healthcare practices. It’s projected this trend will increase in the first quarter of 2009 when deductibles renew and when an increasing number of patients face high deductible health plans for the first time.
The program consists of a free strategy session of up to 2 hours in length. Practice owners and administrators can openly share their concerns regarding their practice, and review materials such as financial statements, marketing strategies, and practice reports with On Call Medical’s consultant. The program will allow practice owners a structured, unintimidating environment through which to seek help. The strategy session will provide time to analyze detailed areas of the practice, providing for the development of concrete ideas that will help healthcare practices brace for the economic troubles facing healthcare. The program begins immediately and will run through March 31, 2009. Call Tony Rinkenberger at 763-544-1000 to inquire about and to participate in this special program, or email him at tony.rinkenberger@oncallstaffing.com.
On Call Medical seeks to improve healthcare practices through offering healthcare consulting and outsourced medical billing. The company is a one-stop-resource medical billing, practice management and consulting service working with healthcare providers, helping them become more efficient and cost-effective by employing innovative business strategies.