Snyder Cohn: Supporting Montgomery County medical practices through the life cycle of success since 1989.

Snyder Cohn has built a reputation as having one of the region’s leading healthcare and medical accounting and consulting practices.  By working closely with physicians, healthcare executives, practice managers and hospital administrators in Montgomery County and the Washington/Baltimore metropolitan area (including Northern Virginia), our consultants deliver value by advising medical practices and healthcare organizations on a variety of practice management issues, including increasing revenues, streamlining procedures, improving patient and customer service, selling or merging a practice, managed care contract analysis and negotiation, and chart audits and support in cases of CERT Letters and RAC Audits.  As proud sponsors of MCMS since 1999, we're committed to helping you through all the stages in your life cycle of success.

Snyder Cohn's Healthcare and Medical Practice Services include:

Financial Statement Analysis
  • Physician compensation formulas
  • Overhead analysis – review of current costs to identify ways to increase profits
  • Comparison of your practice costs to other national and local norms
  • Preparation of a practice budget for planning purposes
  • Preparation of a profit center analysis to allow you to analyze whether you should open or close a satellite office or in-house lab
Practice Purchases/Sales/Mergers
  • Buy in/buy out formulas
  • Employment contract development and review
  • Calculations of value
  • Business analysis/due diligence
Office / Billing Reviews
  • Front desk efficiency analysis
  • Internal control analysis
  • Monthly or quarterly review of Accounts Receivable 
  • Standardization of billing reports to physicians
  • Oversight of billing staff on a weekly or monthly basis
  • Billing/coding/regulatory compliance
  • Analysis and/or development of appeal process
  • Tracking and management of claim denials
  • Collection procedure policy review or development
  • EOB review for contract specifications
  • CPT coding review
  • Fee schedule and super bill review
Managed Care Contract Review and Negotiation of New and Existing Contracts
  • Analysis of profit on contracts
  • Identification of new, viable contracts for your practice
Physician and Management Team Retreats
  • Planning, facilitating and speaking
  • Strategic planning and business development
  • Conflict and dispute resolution
  • Leadership and governance issues
Chart Audits
  • Support in cases of CERT Letters and RAC Audits
  • Baseline audits (recommended by CMS)
  • E & M documentation training
  • Design processes for performing internal audits
  • Corrective Action Plan development
Litigation Support
  • Expert testimony
  • Financial analysis and calculations
  • Assistance with document preparation
Picture
Snyder Cohn serves healthcare and medical-related entities including:
  • Private practice physicians
  • Hospitals
  • Ambulatory surgical centers
  • Medical billing companies
  • Other healthcare related entities

    Contact Snyder Cohn's Healthcare and Medical Practice Today


Visit the Snyder Cohn Web Site to Learn More
Picture