Medical Practice Performance Improvement / Turnaround

The Camden Group is uniquely qualified to help you identify and implement opportunities for performance improvement. All of our expert advisors have extensive hands-on experience in a variety of practice settings, from private practice medical groups to hospital-owned medical groups and academic practices. Our grounding in the day-to-day operations of a practice allows us to quickly focus on key issues and leads to the development of practical and realistic solutions. In addition, we are able to recognize and address potential barriers in our implementation plan and provide implementation assistance if necessary.

Opportunity Identification

The Camden Group has developed a detailed assessment process that evaluates the critical drivers of financial and operational practice performance. Key indicators are compared to industry benchmarks, and site visits are conducted to observe operations and investigate any areas that fall outside of expected performance. Key stakeholders are interviewed to ensure that we understand all the relevant organizational dynamics and concerns. We summarize our findings and provide group leadership with an action plan to improve performance. The illustration below details the components included in our review.

Parameters of The Camden Group's Evaluations

Performance Improvement

Identifying opportunities is just the first step to success. The next step is translating those opportunities into action. While we provide a prioritized action plan to group leadership as part of our assessment process, some organizations require further assistance. The Camden Group can lead or facilitate performance improvement efforts in areas such as:

• Operations improvement
• Patient access and flow
• Revenue cycle management
• Physician compensation
• Financial services and reporting
• Management/Governance structure

Long-term Success

The Camden Group works with physician organizations to ensure long-term success by performing periodic assessments to ensure that performance targets are met and by developing action plans to address negative variances. This may include management coaching, but always assures that leadership is left with easy-to-use performance monitoring tools and reports. Our goal is to provide boards and management with the tools to monitor ongoing performance and identify the first signs of trouble or areas for improvement before they become significant.

Contact us to learn more about how we can help improve your medical practice's performance.