Operational Re-Engineering™ – Practice Operations Improvement
Seasoned operational consultants lead this program and leverage analytics to pinpoint areas where gaps exist. They examine workflow, patient flow, medical record documentation and billing/collection methodologies to ensure operational efficiencies within the physician practice.
Productivity Portal™ – Physician Productivity and Compensation Analysis
Productivity Portal uses Equation’s scientific approach and data-driven models to analyze the relationship between production and compensation. Measuring physician Work RVUs, visits and revenue, this tool applies the metrics into the context of compensation.
Compensation Pathway™ – Physician Compensation Modeling
Equation’s proprietary data-driven methodology creates sophisticated models of physician compensation to outline how physicians can be paid at fair market value and at the ideal levels to economically incentivize the right behaviors.Show Figure
Practice Interim Management - Day-to-Day Operational Oversight
In the absence of full-time managers, hospital practices may witness increasing operational inefficiencies. Equation provides seasoned professionals in all aspects of physician practices. Armed with analytic tools and systematic approaches to practice management, Equation offers practices leadership and direction to support effective ongoing operations.
Acquisition Pathway™ – Practice Acquisition Planning
Equation gathers deep sets of data to assess the one-time value of the merger/acquisition. The process allows healthcare executives to determine whether the alignment is ideal.
Start-Up Pathway™ – Practice Start-Up Planning and Implementation
Starting a practice requires tremendous forethought and deep understanding of the steps required to succeed. This program provides on-site direction for initiating a practice. From entity creation to setting fee schedule, Equation provides the proven pathway to practice start-ups.
Physician Ramp-Up Pathway™ – Physician Productivity Forecasting Tool
This is a unique tool designed to help decision makers understand the production value of newly employed physicians and their practices. Physician Ramp-Up Pathway helps healthcare executives to accurately forecast new physician production as it relates to cost.
