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Our business model is simple and straightforward – centralize core business practices, free up practitioner’s time by reducing administrative burden and apply simple marketing practices to provide the best possible patient care and dramatically increase revenue. We call this approach O&P Business Management and Marketing System or BMS.
Today owner/practitioners spend between 30 and 40% of their time managing non-patient tasks. The BMS system will free up 20 to 30% of the practitioner's time to not only see more patients but also enhance the quality of time spent with patients.
The BMS system means centralization and streamlining of processes, not simply asking the owner/practitioner to work more hours.
Key components include:
- Aggressive billing and collections through centralized expertise
- Fully automated, electronic patient health records and billing
- Standardized coding and billing
- Disciplined inventory and account receivable management
- Structured marketing, focused on early and consistent message
- Employee development and retention through investments in workplace, benefits and performance based compensation plans
BPM differentiates itself as the highest service, highest skilled provided in the markets it serves. This is accomplished using the following strategies:
- Credentialing
- BPM employs and develops ABC credential practitioners
- Efficiency
- Centralized administrative functions
- Marketing
- Regional business support and management
- Up stream patient capture and education
- Referral source marketing
- Web based communications and education
- Educate and communicate with referral sources on a regular basis
- Ownership model
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