Practice Partners successfully provides consulting with a 360degree approach, through the assessment, creation, and implementation of well-designed systems specific to each practice’s needs. Practice Partners assists in ensuring each medical centre is more efficient, attracts and retains a patient base, supports compliance, and maximizes its profitability to reach its full potential.

OUR SERVICES

• Healthcare Consulting
  Our experienced team can develop strategies and methods to help increase efficiencies and processes, specific to the layout, needs and demands of your particular site and patient base. We provide assessments on current practices and tailored strategies on areas such as practice management, operations, forecasting and financials, accreditation, business management, competitor analysis and creating competitive advantage. Our point of difference here at Practice Partners is that we engage and mentor you so that you are empowered to run your practice moving forward and keep it growing.
• Virtual Practice Management
  Our experienced Practice Management professionals help reduce the burden of running your day-to-day business operations, allowing you to focus on patient care, while build practice efficiencies and management remotely. After an initial practice assessment and review of current processes, we will develop a strategic plan. This will be supported by monthly VPM hours and weekly check ins where we liaise, support and guide the team, through training on new processes, monitoring billings or simply ensuring that the current processes are being maintained and operations are running efficiently within the clinic. We offer a varying level of VPM support, depending on the size of the practice, number of staff members, current management structure, skillset of employees and third-party assistance.
• Medical Centre Start Ups
  Practice Partner’s consultants work side-by-side with you to get your medical centre off the ground. Our consulting and project management will assist you in feasibility assessment, fit-out, business planning, lease negotiations, financial forecasting, IT integration strategies, marketing strategies, recruitment, accreditation, sub-leasing strategies and strategic planning. We also provide mentoring past opening to ensure a smooth transition for your medical centre.
• Medical Centre Site Acquisitions
  Through practice valuation, site feasibility assessment, profitability analysis, competitor analysis and market research, we ensure clients get the best possible outcome when buying a practice and ensuring this is the right site for you. Embarking on acquiring a practice requires due diligence not just on the finances but also on the operational aspects. At Practice Partners we understand what it takes to assess and review the current position of a practice, assess growth potential, and develop strategies to complete the operational due diligence of a site that is often the narrative behind the facts that are offered in a traditional information memorandum.

Where Prosperity Health fits in

We work with practices and clinics of all sizes to turn these burdens into attainable outcomes. Our advice is tailored to your practice life cycle, whether starting a new practice, building and growing an established practice, maximizing the value of your practice, or helping you to plan for succession and transition out of your practice. Drawing on more than 30 years of industry practice, we combine the skills, knowledge, and know-how of chartered accountants, tax specialists, financial planners, business managers, and cloud system experts to help practice owners manage for prosperity.

The entry point to engaging your Practice with Prosperity Health is a complimentary meeting with one of our dedicated health specialists to explore the needs of your practice. Some clients like us to prepare a detailed statement of recommendations, where we take into consideration the financial plan, structure, business strategy, owner return, growth aspirations, financial position and put in place a strategy that covers these key areas.

We work with our Practice clients closely and cost-effectively to ensure they have the right information at the right time to make informed financial choices as they manage and grow their business.

If you would like to book a complimentary meeting, please click here.

By harnessing the power of elevated patient care, zero cost marketing and optimised invoicing and item codes, Sue has developed a reputation for building 7 figure hygiene teams.