A medical practice rollup is a business strategy where many medical practices are merged into a single Medical Operating Partnership. Primary objectives include increased operational efficiencies, increased market share, economies of scale leverage and overall improvement in financial performance.
Typically, a Management Services Organization (MSO) operates the integrated business platform while doctors and medical staff focus on patient care. Using only a fixed amount of 'core capital' the partnership relies primarily on commercial banks for financing operating needs and growth plans.
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The Management Services Organization (MSO) employs professionals who focus on the non-medical aspects of clinic operations i.e. Medical Clinic Management, leaving medical staff to focus on patient care.
In a Medical Operating Partnership with several clinics combined, the scale supports full-time executives who oversee all the integrated logistics of operations, human relations, and finance.
The MSO has a management contract with the Medical Operating Partnership. This does not mean doctors lose all operating authority. The MSO policies, parameters, and procedures are determined by the doctors through their representation on the board of directors.
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We go deep to unlock insight and have the courage to act. We bring the right people together to challenge established thinking and drive transformation. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage.Duis cursus, mi quis viverra ornare, eros dolor interdum nulla.
Partnership with Core Capital (PCC) is a unique approach developed by Great Oaks PCC where core capital from outside investors is paid a fixed return, while most financing for partnership operations and growth is from a commercial bank.
Doctors retain more operating autonomy as well as more financial upside. At closing, doctors receive a portion of the Practice Value in cash and during years 5-10 the partnership facilitates pay-out of the remainder of the Practice Value or doctors can ‘rollover’ their shares in the partnership to earn substantial dividends which will increase over time as the partnership revenue increases.
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We go deep to unlock insight and have the courage to act. We bring the right people together to challenge established thinking and drive transformation. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage.Duis cursus, mi quis viverra ornare, eros dolor interdum nulla.
Medical practice financing is usually constrained for a single clinic because of the perceived risk. This is not the case for a larger, more diversified Medical Operating Partnership where access to low-cost commercial bank financing provides easier access to:
Sustained growth through low-cost access to capital, improved efficiency and financial performance.
Delegating clinic management to an affiliated MSO frees up resources to focus on patient centered care.
Enhanced operational efficiencies and financial growth, provide a competitive edge and professional satisfaction
An additional major benefit of merging into a Medical Operating Partnership with other medical practices is leverage of the latest technological advancements and the benefits of increased scale to enhance clinic operations. This enabled technology platform sets the stage for operational changes needed to unlock the potential for doctor and patient satisfaction and enhance doctors' equity value.
Creating a robust technology platform that supports the integration of multiple medical clinics under a medical clinic rollup is key to streamline operations, enhance patient care, and improve financial performance. It requires careful selection and validation of individual components to ensure they align with business requirements.
This platform should not only integrate seamlessly with other systems like Lab, Pharmacy and Imaging but also provide centralized management, scalability, and compliance with healthcare regulations. Key considerations include:
Interoperability and Integration
Cybersecurity and Compliance
Scalability and Flexibility
User Training and Support
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When integrating health information technology in medical rollup clinics, certain applications are typically prioritized due to their critical role in enhancing operational efficiency, improving patient care, and ensuring compliance. Specific application choices are based on leveraging commonality and scale for economies. The key applications often implemented as a priority are:
Electronic Health Records (EHR) Systems
Practice Management Software
Telemedicine Platforms
Data Analytics Tools
Revenue Cycle Management (RCM) Systems
When managed correctly these systems help to enhance coordination, reduce admin workload, support access to care and improve financial performance.
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Restructuring your company could restore its viability and improve its liquidity position. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
We go deep to unlock insight and have the courage to act. We bring the right people together to challenge established thinking and drive transformation. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage.Duis cursus, mi quis viverra ornare, eros dolor interdum nulla.
The successful integration of a technology platform in medical rollup clinics depends on crucial steps that ensure smooth adoption and maximization of benefits. These steps include:
Assessment and Planning
System Selection
Infrastructure Setup
Staff Training
Data Migration
Implementation and Monitoring
The foundation for these efforts is a strategic implementation plan with clear goals and timelines that stakeholders support. Successful execution of these key steps collectively help clinics leverage technology effectively, enhance operations efficiency and improve patient care.
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We go deep to unlock insight and have the courage to act. We bring the right people together to challenge established thinking and drive transformation. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage.Duis cursus, mi quis viverra ornare, eros dolor interdum nulla.
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