Services
Internet Based Solutions - MicroMed Strategy uses the services of Web For MDs to provide web based solutions for physician offices and hospitals. With the introduction of electronic commerce, many areas of health care may benefit from cost reduction via this technology. For example, plastic surgeons may now allow patients to manage their payments for elective surgery. This not only reduces the necessary labor for billing and payment collection, but also allows the patients to have more control over the payments and pay electronically at their own convenience. Patients may order prescriptions over the Internet and have it delivered to their doorstep the next day. Hospitals may allow patients to make appointments over the Internet.
Business Plan - MicroMed Strategy consultants have extensive experience in writing business plans. MicroMed Strategy may write business plans for new physicians starting to set up their own practice. In addition, MicroMed Strategy may write business plans for Hospitals and Health Maintenance Organizations looking to expand their range of services.
Palm Pilot Software Customization - MMS Patient Record Software (MMSPRS) is designed for physicians and residents. It allows the healthcare provider to store patient data in Palm Pilots. This data can be synchronized with a database at regular intervals. This eliminates the wasteful time spent on looking for patient charts. MMSPRS is especially beneficial for large facilities requiring residents to do rounds in different departments.
Support in Raising Capital - Our consultants have extensive experience in writing business plans. Our consultants have written business plans which resulted in getting approved for large amounts of capital (3 Million Dollars). In addition MicroMed Strategy will use local Banks and lending firms in an effort to raise the capital needed for Physician Practices, HMOs and other Health Care Organizations.
Consultation in Purchasing/Installing Medical Equipment – MicroMedStrategy’s virtual hospital allows you to build and develop your own hospital using a software application. This tools will allow you to price your facility within a few hours saving you thousands of hours in researching and estimating cost of equipment. Contact us for a demo of the software.
Accounting Consultation - MMS Accounting Software (MMSAS) is compatible with commercial accounting software such as Quicken or QuickBooks. MicroMed Strategy provides accounting services to physician offices on a monthly basis. Our user friendly MMSAS is designed to be used by someone with no knowledge of computers or accounting. Check are then inputted in the software as they are issued, or on a scheduled time. Your CPA then collects the data monthly and provides you with the accounting reports and detailed graphs of expenses on a monthly basis.
Financial Planning - MicroMed Strategy offers corporate and taxation financial planning. Our expertise includes, but is not limited to budgeting, cash flow projections and mergers and acquisitions with other offices or hospitals. Our Senior Consultants have extensive experience in the area of mergers and acquisition.
Physician Practice Evaluations - Our experts can evaluate physician practices and provide you with consultation needed during acquisition of another practice group.
HMO & Hospital Acquisitions - Very often, large health care organizations are evaluated based solely on their financial performance. However, the past performance of HMOs and hospitals are not necessarily the best indicators of their future performance. For example, federal and state laws and guidelines may force HMOs to deviate the traditional methods of providing care. For this reason, MicroMed Strategy has decided to use healthcare policy experts in evaluating the strategic positioning of HMO or Hospital being acquired. Policy analysts work with financial consultants in determining the value of the HMO or Hospital.
Transcription - MicroMed Strategy offers transcription services to small practices and hospitals. Our technology allows the physician to call a toll free number. Our transcription experts have over twenty years of experience in medical transcription. The physician may dial a toll free or local number and record the patients history. Our transcriptionists will then transcribe and mail, fax, or e-mail the chart to you within 48 hours. In addition, MicroMed Strategy may also provide the computer and hardware needed for hospitals to record patient history without having to dial our location. MicroMed Strategy will then access your computer remotely on a secure line and extract the digital data. The information is then transcribed and returned within 48 hours.
