MedAlliance business solutions are custom solutions designed to fit your practice. Our executive management team conducts an intensive assessment of business office procedures, identifies areas for improvement, and - based on your needs and budget - presents and implements a practical, critical-needs solution. Your business will benefit from improved billing and collection functions and an operational system that integrates management and staff evaluation, industry-specific policy compliance, computer systems, and reporting capabilities. In addition, our key executives assist many of our clients' boards and managing partners in all matters of practice management and organizational development.
Business Strategy
Even with the best technologies in place, no practice can succeed over the long-term without a strategic business plan. MedAlliance conducts a comprehensive review of your practice's operating and financial procedures to help you stay financially strong despite rising costs and increasingly demanding administrative requirements.
Accounting
We analyze and streamline the details of your accounting and financial processes, from General Ledger maintenance to payroll to accounts payable. By assessing your needs first, we can then configure a solution that combines standard procedures with custom processes to fit your practice perfectly. MedAlliance takes every aspect of accounting out of your hands and provides accurate, timely solutions for corporate finance, budgeting, cash-flow management, bookkeeping with monthly reporting and reconciliation, and cost accounting (RBRVS methodology).
Oversight Management
Our key executives can add value with low-impact participation. On an as-needed basis, they can be present at your board meetings, bringing their unique insight and experience to the table to help improve every area of your medical practice.
Coding and Compliance
When it comes to HIPAA requirements and documentation, MedAlliance knows that simply reducing errors and avoiding fines is a short-sighted goal. With accurate coding and chart abstraction, your practice can actually realize significant rewards from being fully compliant. That's why our approach involves several phases. First, we conduct an audit to evaluate your needs and your past performance. Second, we implement standard policy to help you achieve compliance quickly and comfortably, translating documentation into billable code for faster processing. Finally, we provide ongoing assessment and maintenance, monitoring the solution as policies and requirements change. You'll reduce billing and collection time, lower costs, and maximize reimbursement.
