The Healthcare Industry is undergoing significant change. Change presents challenges but more importantly it presents opportunity for healthcare professions. Peer benchmarking will equip you to thrive and grow in the healthcare industry. Learn from your peers, develop a relevant growth strategy with measurable key result indicators with insightful peers motivated to help each other. Our facilitated peer learning experience, using with state-of-the-art enabling tools to optimize your time investment in the process, is simply the way of choice for professionals like you.
Better Physician Practices With Peer Review Dashboard
Physicians across all specialties have faced declining re-imbursement economics over the past decade as they work harder for less each year. healthcare reform will dramatically exacerbate this dynamic forcing certain physician practices to seek elective procedure revenues in an effort to maintain their current and past standard of living. Although sweeping, disruptive changes in legislation are not anticipated, the overriding driving market force toward limited government sponsored healthcare and cash based healthcare services is unavoidable.
Physicians Practices generally lack time, business experience, and marketing know-how. There are many examples of businesses thriving in highly regulated industries (including banking, airlines, auto parts etc.) and enlightened medical practitioners need to rise to this challenge and figure out solutions for themselves and stop relying medical consulting and medical consultants with vested interests in equipment and other sales.
Change represents opportunity for those healthcare professionals who dare to embrace it. The significant changes occurring in the healthcare industry presents a great opportunity for physician practices to thrive by challenging themselves to create a new paradigm.
Peer benchmarkingTM helps physician practices help themselves using a proven unique facilitation process, Peer benchmarking ReviewTM which challenges you and your peer healthcare professionals to thrive in a tough, volatile and uncertain times – regardless of the cause, whether regulatory or economic or otherwise. If you smart enough to be a physician, ready to challenge yourself and your peers and most importantly – robust enough to work with highly successful entrepreneurs who have built large companies from inception both in healthcare and other industries – get ready to flourish while your competitors flounder. Achieve mastery in business and marketing – as you have done in your profession.
Performance management is the essence of our peer benchmarking reviewTM where you will not only learn from your peers what is important and why they outperform you in certain aspects of your business but it will help you set your goals for the next meeting when you will report back to your peers on your performance management. Our growth matrix optimizerTM is one of our facilitating tools for heightening the focus of the peer benchmarking reviewTMon strategy, performance, growth and profits. Our peer review dashboardTM helps business owners with their fundamental role of performance management by allowing you not only to measure yourself against your peers but it also to quickly detect the root cause of underperformance. It also enables you to develop forward looking scenarios with a clear visualization of what your business will look like in the future.
Practice Management
Practice management is a well established tool in the healthcare industry and if you still think practice management is relevant there is an abundance of practice management consultants. The problem is that while healthcare consulting firms can help, the healthcare world has changed dramatically and, they probably will not get you to where a physician practice needs to be. peer benchmarkingTM is infinitely superior Here’s why.
A business owner’s fundamental role is to grow a business to increase revenue, profits and wealth. In order to do this you need measure and control performance. Performance Management is the essence of our peer benchmarking reviewTM where you will not only learn from your peers what is important and why they outperform you in certain aspects of your business but it will set your goals help set your goals for the next meeting when you will report back to your peers on your performance. This dynamic, challenging, facilitated interaction with your healthcare professionals will help your physician practice to be strategically positioned for the challenges ahead. Performance Management is as much about measuring performance using performance indicators as it about developing a relevant business strategy and executing it – our benchmarking path forwardTM toolkit.
Medical Consulting
medical consulting is a good idea, if you don’t mind paying one person to tell you what ought to do with little or no real experience or vested consequences of these recommendations. Consider this paradigm changing alternative: a room full of vested people who actually do what you do on a daily basis facilitated by an expert in your industry in a proven process to guarantee the generation real actionable initiatives to dramatically improve your physician practice on a continuing basis. Each healthcare professional brings their own experience to the table – their successes and failures. Would you rather learn from a book-smart consultant, or an actual healthcare professional with intimate experience of day-to-day issues encountered by physician practice.
Think about it. A medical consulting representative comes into your workplace, looks at how things are done, finds the problems, tells you how to fix them, and then leaves. The problem is that once they leave, there’s implementation, integration and ownership issues which seldom provide real sustainable solutions. There’s no guarantee that the medical consulting services actually work.
With peer benchmarkingTM, the same group meets every six months. In each meeting, they come up with ideas and initiatives that are specifically designed for each person, by the rest of the group. Everyone leaves the meeting intent on applying the said initiatives, and then they reconvene to discuss the results. This process provides a dynamic enriched learning experience, and the high-energy, motivational style just can’t be found anywhere in healthcare consulting firms today.
You are guaranteed to leave with a set of relevant performance indicators to improve performance measurement for the overall Performance Management to grow your business – benchmarking path forwardTM