Being on the frontlines of medical economics, health information technology, and healthcare politics, Chris Pittman, MD, DABR, FACPh, CEO of the company, offers his insights on the management of the medical staff, patient care, patient experience, and patient outcomes. Meanwhile, Health Performance Specialists’ COO, Douglass Pace has expertise in the domains of design thinking, business intelligence, and strategic marketing. When united, both work toward assisting practices in keeping up with the futuristic demands of the healthcare space and being successful at the same.
Whether it’s marketing, patient outcomes, AP and AR, or business operations, the physician-led firm’s primary objective is to optimize the potential of a practice by analyzing various aspects within the same. Another core service of the company is to help doctors save a significant percentage of their device and supply cost by creating a GPO through affiliate partnerships with medical device companies.
We provide an alternative to independent doctors who want to remain in private practice or who are considering selling their practices or becoming an employee
With the help of analytics and historical data, the company determines their clients’ existing position and the areas that need optimization. In a recent case, a particular practice faced issues with the number of leads they were generating which was not enough for further development, plus the AR was far too high for the firm’s size. With the application of Health Performance Specialist’s analytical insights, the revenue of the company shot up, and there were vast improvements in their value-based approach.
The company has reserved a sweet spot for itself in the venous and lymphatic medicine space. By implementing savings on the use of supplies and devices through the GPO, the company subsidizes service fees charged to clients. To hasten the process of aggregating data in venous and lymphatic medicine, a platform is provided by Health Performance Specialists, which can perform the task on a national level in a short period of time.
The company is currently strengthening its independent physician network by expanding throughout the country, including Indiana, Texas, Ohio, Virginia, and California. According to Doug, understanding the differences in medical practices across the country can lead to delivering an improved customer experience. At the same time, reimbursement in medicine is also steadily moving from fee-for-service toward fee-for-value, which will benefit companies that offer quality healthcare services at a reasonable cost. “We provide an alternative to independent doctors who want to remain in private practice or who are considering selling their practices or becoming an employee,” concludes Doug.