Medical Practice
Over the past decade, members of the
MNMW team have developed an expertise in working with medical practices.
Providing business solutions, tax, and mediation assistance to many
physician groups in Lee and Collier counties, we continue to expand
into this exciting industry.
As a member of the Medical Group Management
Association, our medical practice division stays abreast of issues
in the industry.
A sample of services we
offer our medical clients includes:
- Analysis of medical practice financial ratios versus industry
benchmarks
- Annual physician retreats to determine short- and long-term
goals for the practice and solve any operational issues for the
upcoming year
- Development of customized monthly management reports that are
easy to interpret and prepare by the internal practice bookkeeping
team
- Analysis of financial data to help the physicians make key business
decisions such as growth plans, facilities, etc.
- Assistance with physician buy-in/buy-out formulas and calculations
- Expansion planning, including financing analysis and negotiations
- Compensation planning for physicians, mid-level providers and
staff
- Mediation assistance
Our first step in working
together is to have an organization and strategy meeting to establish
your specific needs and goals, and to determine appropriate timelines
for attaining those goals. We take deadlines seriously and
will meet them without exception. The MNMW team is eager to
help you develop and grow your practice.
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