Consulting Services

Elevating clinic business performance and financial health

In the complex world of running a community specialty practice, you need both operational and financial expertise to succeed. From revenue cycle management, to workflow optimization, to expanding your team of providers—the journey to growing your practice starts with having expertise behind every decision.

Meet the Business Optimization Consultants

Identifying a new approach to operations

Taking your practice to the next level starts with a multifaceted management strategy. Our consulting team carefully examines all angles of your practice to locate opportunities and make operational recommendations. Whether it's a need for a temporary practice administrator, optimizing your reimbursements through contract negotiation support or an analysis of day-to-day processes and procedures—the end result is actionable insights to increase efficiency throughout your practice. 

Our refined management optimization service delivers expertise in: 

  • Evaluation and Management coding assistance services
  • Risk management evaluation services
  • Managed care contracting services
  • RCM/PM software implementation services
  • Patient scheduling services
  • Human resources evaluation services

Evaluation and Management Coding Assistance Services

Improve your coding processes to protect your bottom line

New Evaluation and Management (E/M) code changes went into effect on Jan. 1, 2021. Is your practice coding correctly? Errors can lower your reimbursements and may even lead to a Medicare audit. Our business optimization consultants can train your staff to document and code E/M correctly in your practice management system, so you are reimbursed properly for the services you provide.

Remote revenue cycle management review for Unlimited Systems

Don’t let billing and coding errors impact your bottom line

Outdated processes lead to unpaid claims, which is money your practice needs to deliver quality patient care. Optimize your revenue cycle to maximize efficiencies and increase reimbursements. Our team of experts will work with your team remotely and securely to analyze denial trends, review accounts receivables, and assess systems and processes for those practices on G4 – all of which can drive efficiencies and automation within your practice. 

The team performed a comprehensive practice management evaluation of overall practice improvement, with an emphasis on workflow and technological management. In less than six months, we've fully transitioned from our paper-based chemotherapy coding system to a fully-automated enterprise billing system.

Benjamin J. Ikard, OU cancer center project manager

Building a strategic plan for your practice

Our two-tiered approach to enhancing business performance begins with the assessment phase, where we gather data to paint a picture of the current state of your practice. From there, we work with your team to develop a comprehensive plan of action while implementing recommendations along the way.

Practice 360° Consulting

Assessment

In order to understand what's working and where there are areas for improvement, our team will build a robust knowledge of your practice through interviews and small group sessions. These activities help us identify areas of risk and opportunities for efficiency. We then compare your business operations with current proven best practices collected from specialty practices across the nation. This allows us to develop a list of achievable improvement methodologies that can be implemented within your practice.

Practice Transformation Services

Implementation

Once we have completed your practice assessment, we will work with your team to share our findings and look at areas where you may be able to impact revenue. This includes confirming your strengths and laying out a plan of action for continued improvement. Our report will detail the anticipated financial and operational impact of the recommended solutions. This acts as a guide for implementing the insights from your Practice 360° Consulting Service to put our assessment recommendations into action. 
Technician in full lab suit, using testing equipment

Compliance

Preparing for USP  

It is crucial that throughout the care process, oncology practices prioritize safety for their staff and patients. That's why new regulations dealing with the proper handling of hazardous materials in the healthcare setting have been established to provide uniform guidance in order to protect patients and healthcare workers. But compliance may require significant capital expenditures and process changes for your practice—a significant burden on your staff and your revenue. You need a partner that understands the requirements, including nuances developed by each state. We can help by conducting an in-depth review of your USP <800> preparedness to reveal gaps. This review will also evaluate your adoption of the new standards and identify requirements for chemotherapy mixing areas and updates to staff protocols.

Potential financial practice savings

$14.5M

In Inventory Savings

$19.75M

In Increased Revenue

Ensuring the future health of your practice

Some operational challenges are larger than the day-to-day clinical management and financial procedures. Fortunately, when it comes to significant organizational shifts and long-term strategies, IPN Solutions has that covered. 

Our Practice Growth Advisory services can provide your practice with all of the expert support it needs for successfully implementing new service lines to strengthen your practice's financial health.

These services include:

  • Planning for succession of leadership
  • Construction and renovation advisory services
  • Merger and acquisition evaluation services
  • Long-term strategic planning
  • Start-up planning services (for new practices or practices adding an infusion suite or new service line)

Infusion Suite Startup Services

New infusible therapies can be an added line of revenue for your practice

Your practice can generate revenue and simplify care coordination with an infusion center. Many new infusible therapies are coming to market, creating an opportunity for you to offer infusion services to your patients. Our team of experts can guide your practice through starting a new or expanding an existing infusion suite.

Average potential improvement to practice KPI

19%

Avg Decreased Days in AR

17

Avg Decreased Days to Payment

27%

Avg Decreased Denial Rates

Nurse smiling with a patient

Advanced Practice Provider (APP) Program

Meet demands with greater practice productivity

Nurse smiling with a patient

Every specialty medical practice faces the challenge of managing demands. In order to help close the gap on those demands—like access to care, patient engagement and advance care planning—you may want to consider an Advanced Practice Provider (APP) model. IPN Solutions' clinical consulting team can help with the development, implementation and optimization of an APP program to help balance the needs for physician time while providing patient-centered care.

Using an ROI tool, our team can help prioritize which APP-led services you offer. From there, we can assist in facilitating guidelines for managing an ongoing APP program and assist in evaluating additional provider needs.

Nurse smiling with a patient

Expertise for all challenges

Specialty practice leaders face greater demands than ever before. For those looking to grow their practice, the need to have specialized skills in multiple areas across the organization is even greater. ION Solutions' consulting services offers the business and clinical support that today's practices need to maximize their potential and take the next step in their growth.