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“Halley
Consulting Group's financial improvement model remains the cornerstone
of our continued financial success.”
Dr. Curtis Chastain
Medical Director
Lake Primary Care Physicians
Baton Rouge, Louisiana
Physicians
The Halley Consulting Group Financial Model
provides a mechanism to capture
medical practice financial data from the hospital general ledger system.
This information is combined with statistical data available from the
practice billing system to provide management reports and comparative
indicators specifically designed to help optimize physician practice
performance. When properly installed and utilized within a
physician network, our financial and statistical model becomes the core
reporting mechanism around which financial and operational improvement
initiatives are implemented.
The Financial Model Installation and
Training process includes the following steps:
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Financial Model Creation and Refinement
Our team works closely with your accounting
representative to create the initial financial model template identifying
the practices and support departments to appropriately reflect the
physician network and its performance. This initial template is
validated against your internal source documents to ensure the financial
model appropriately captures the network financial and statistical data.
This audit and review process may identify areas where minor changes are
required within the general ledger system to adequately report information
with the necessary level of detail under the new managerial accounting
model.
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Financial Model Training
Our process includes training for office managers
and physicians on the interpretation and application of the financial
model reports.
To learn more about our financial
model contact hcg-info1@halleyconsulting.com
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PO Box 118 Westerville, Ohio 43086
614-899-7325 Phone 614-898-9226 Fax |
Contents of site
© The Halley
Consulting Group, LLC. Not for reproduction or distribution without
written consent.
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