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Likewise, let’s apply simple techniques to enhance the patient care while enjoying profitable practice growth.
Engaging a Management Consultant for a Medical Practice is like referring to a Sub-Specialist Surgeon than a General Surgeon.
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With our experience of working with many Medical professionals over the years, we thoroughly understand challenges and opportunities of a Medical Practice, whether you are a Specialist Practice or a General Practice. We understand that Medical Practice is much more than mere numbers and therefore, add value beyond accountants, financial planners and wealth advisors. Simplicity: We profoundly believe in Simplicity. In our opinion, simplistically, any business is all about answering FIVE fundamental questions, relative to competition. Therefore, we apply our proprietory 5 D Model. Our 5D Model is applied to provide value enhancing solutions to your Practice needs, under various scenarios of Private Practice, whether you are planning to start own Practice, wish to grow your existing Practice or plan for retirement by seling your Practice. |
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Buying a practice or starting own practice from scratch, our services take your stress away, allowing you maintain focus on patient care. BUYING A PRACTICE Investment Evaluation We evaluate the attractiveness of the investment, backed up by rigorous economic and competition analysis |
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Practice Due-diligence We analyze the Practice information for financial and overall performance and accordingly provide recommendations. Transaction Structuring We structure the deal to suit your requirements and ambitions. Negotiation and Documentation We participate in negotiations, documentation of transactions, by closely working with specialist lawyers. |
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STARTING OWN PRACTICE Business Analysis & Planning We make comprehensive business plan for raising finance, which can be used as a compass for ongoing Practice Management. Buy v/s Lease analysis We provide robust buy v lease recommendation and other property related services, as required (Please refer to Property Advisory section for details) Project Management We provide complete client-side project management services, from concept to handover, so you can focus on patient care. |
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PRACTICE SET-UP Business Philosophy Formulating a guiding vision and values for the Practice and their implementation. Growth Strategy Formulating and implementing Practice growth strategy Systems & Processes Implementing and aligning systems and processes for efficient Practice performance and enhanced patient care Performance Improvement Measuring and improving the practice performance using our proprietary 5 D Model |
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PRACTICE HEALTH-CHECK Practice Performance Measurement We analyse financial and overall performance of practice using our 5D model and provide strategies for growing the practice, to suit your ambitions. Business Alignment We ensure overall alignment of practice objectives to its stakeholders. Management Toolkit We provide Toolkit to effectively manage the Practice, allowing more attention on Patient care than Practice care |
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PRACTICE GROWTH Growth Strategy We formulate and implement Practice growth strategy, using contemporary models. Operational Planning We provide detail action plan for implementing the growth initiatives Risk Management We provide tools to identify risks and plans to mitigate the risks. |
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Practice Valuation We provide practice valuation using different approaches and financial models, to arrive at fair value for your practice, which truly represents your invested efforts over the years. Transaction Structuring & Management We help structuring the sale to suit your requirements and manage the transaction to its end. Succession Planning We help planning for succession / retirement using realistic approaches. |
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The critical decision of joining a practice or employing someone at your practice, needs to be thought carefully. We offer key services in this area, including: Practice Due-diligence We analyse the Practice information to assess fit with our client's requirements Engagement Evaluation We evaluate the engagement on a range of criteria, to ensure it is a right fit. Transition Management Toolbox We provide a Tool kit to manage the transition and enhancing your performance in the Practice. |