Practice Management & Consulting

MSN offers a wide range of services for every area of a Client’s practice. In addition, MSN works to develop additional services for areas of concern that are unique to a particular client.

MSN also offers a broad array of Practice Management Services, including Financial, Credentialing and Business Development services.

Below is a list of the Practice Management Services we offer:

  • Annual Budget Preparation
  • Annual meeting with client leadership to review budget
  • Monthly Financial Statements – cost center based
  • Quarterly analysis of variance of actual results in comparison to budget
  • Quarterly analysis of variance from prior years’ financial results
  • Cost center based financial statements with quarterly variance analyses
  • Payables
  • Payroll (management of ADP account)
  • Bank account management including reconciliations
  • Consultation with outside accountant on year end tax planning
  • General Financial analyses needed by client
  • Preliminary year end bonus calculations/coordination with outside accountant
  • Benefits management
  • General (non-legal) benefits and human resources matters consultation
  • Coordination with outside counsel / pension administrators/ other outside experts as appropriate
  • Medicare/Medicaid/Tricare Provider applications
  • Independent Diagnostic Testing Facility (IDTF) applications
  • Non-federally funded payers’ provider/corporate/site applications
  • National Provider Identifier (NPI) applications
  • Hospital credentialing
  • Maintenance of physician’s and other clinical provider’s Continuing Medical Education records
  • Imaging Center
  • Imaging Center evaluation including evaluation of profitability by modality
  • Imaging Center development services
  • System evaluations/RFP’s including RIS and PACS
  • Strategic Planning
  • Financial pro formas for business ventures
  • Development of clinical service line
  • Merger/acquisition facilitation
  • Merger/acquisition operational integration plans
  • Marketing plan development / assistance with implementation

Whether your physicians are hospital employees or in private, multi-specialty practice MSN knows how to apply its core billing and A/R management principles to your setting. The results we have been able to achieve consistently outperform industry benchmarks and the communication we provide enables your organization to have visibility into its operation, growth and profitability.