CASE STUDIES AND SUCCESS STORIES

The following case studies demonstrate how DoctorsManagement works with clients in a broad range of specialties and at various stages of their development to help them achieve professional and financial success.

Because of the nature of our business, the case studies below contain no specific details about our clients.

Two Ophthalmologists Gain Confidence to Grow Through Acquisitions

In 1996, two ophthalmologists practicing together contacted DoctorsManagement. Like many practices that call the firm, they were seeking outside help with managing their practice. The physician owners were dissatisfied with the current state of their practice, yet they had a vision to grow it into a thriving business and offer patients the most progressive services available.
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ENT Physician Builds a Successful Practice Fresh Out of Fellowship

An ENT physician fresh out of fellowship was interested in starting a new practice. He contacted DoctorsManagement with aspirations of building a thriving ENT practice in a small community within a medium-size city with just under a quarter million in population.
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Podiatry Group Takes Their Practice From Good to Great!

A five-doctor podiatry practice with six locations was doing well, but struggling to move to the next level of success. DoctorsManagement helped the practice position themselves for growth. The group grew from six to eleven locations and increased their monthly revenue by 39% within three years. They also reduced stress and tension, truly taking the practice from good to great.
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Academic Institution Reduces RBPA Costs by $170,000

A 450-physician academic institution was spending 35% of their compliance budget on conducting retrospective baseline probe audits (RBPA). The audit process was instrumental in the development of their compliance plan. They conducted 60 chart audits on each of the 450 physicians every two years, requiring 27,000 charts to be audited.
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How DoctorsManagement Helped One Practice Save $59,000 a Year

By connecting a cardiology group in the southeastern US to one of our GPO partners, the practice saved over $59,000 in one year on their sestamibi purchases!

The practice was using a nationwide nuclear pharmacy to order its sestamibi (a pharmaceutical agent used in nuclear medicine imaging). Without being connected to a GPO contract, however, they were missing out on substantial savings. The client continues to use the same vendor and the same process to order their supplies. The only difference is the significant savings they now receive as a result of being connected to a GPO contract!

Practice Saves Over $9,000 a Year with PowerBuying

A busy eye care center in central Tennessee with six providers and four locations was able to save over $9,000 a year on credit card processing fees.

It was a smooth transition thanks to the PowerBuying team at DoctorsManagement.

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Rehabilitation Medicine Practice Increases Monthly Revenue by $40,000

A rehabilitation medicine practice contacted DoctorsManagement (DM) for assistance. The practice employs four physicians and three mid-level providers and has five offices, all located in towns with a population of less than 30,000. Patient satisfaction was good; however, the practice itself was in financial jeopardy and was submitting claims in a manner that put it at a high risk for a compliance audit. The group’s billing was several weeks behind and it had $500,000 in accounts receivable that was outstanding by more than 120 days.

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