Most MEDICAL PRACTICES are overpaying for their business services – and don’t even know it
Current economic challenges have made it imperative for Medical offices to continually assess their fiscal health in order to find ways to counter rising costs and staffing shortages. Many of these Doctors know they can easily spend up to 36+ hours a week treating patients – leaving little time to help develop and maintain strategies to increase profitability or evaluate new opportunities to streamline operations. Most MEDICAL PRACTICES are overpaying for their business services – and don’t even know it
Evaluating the options that best balance your office’s goals while ensuring optimal performance from your various business services can be very time consuming and frustrating. When was the last time you assessed your Waste or Merchant Services contract and pricing? Is it time for your team to get a no cost, no obligation audit of some of your key services from Schooley Mitchell?
Examples of Savings Delivered
Plastic Surgery Clinic
42%
Telecom and Merchant Services
Family Medicine Practice
78%
Telecom
Orthopedic Practice
44%
Waste and Merchant Services
Internal Medicine Specialist
58%
Waste Services
Medical Waste
How predictable is your medical waste every month?
Variability in your medical waste from month-to-month makes a big difference to certain service providers.
How do you deal with amalgam waste? Contaminated waste? Sharps?
Each of these require a specific disposal method that could represent additional costs.
Who supplies your medical waste and sharps containers and how are they stored?
Operational procedures and location specific descisions can substantially impact your overall pricing.
Merchant Services
Do you reference the "effective rate" to evaluate how competitive your processing fees are?
A blended pricing structure makes it more difficult to fully understand all the factors impacting your fees.
Do you know how your current processing environment impacts your processing fees?
How you process payments and capture data can have a big impact on your monthly fees.
Have you asked your processor to provide you an "interchange-plus pricing" quote?
This pricing structure is often the least expensive and most transparent option.
Telecom
Have you conducted a recent usage audit across your telecommunications system?
In many cases, we find inefficiencies and redundancies in the number of lines and features.
Have you considered moving to a Voice over IP platform?
Cloud based telecommunications systems typically provide unique features at lower costs.
Do you know when your current plan automatically renews?
Companies typically only have a 30-day window to make changes to their current contract.
