The ABC of good reasons to have Medical Practice Management

It seems quite amazing to us that there are still many Medical practitioners that don’t utilise the excellent Medical Practice Financial Management offered by MFI, so we thought that perhaps the best way to convince any potential clients that they should use these services – and to assure our regular clients that they are doing the best thing for their business – is that we should just spell it out!

So getting right back to basics and putting three excellent reasons on the table here is the ABC of good reasons to have Medical Practice Management…

A is for Accountability

Good medical practitioners, of all people, know too well how important it is to be accountable to their patients. If you have in any way erred with a diagnosis or a nurse may have done the wrong thing when treating your patient, you owe it to them to own up and fix what’s not right. As Accountants – if you’ll excuse the pun – we too are fully accountable to your practice when it comes to your finances. You can rest assured that we make sure your patients are correctly billed and with our expert communication with medical aids we also ensure that your medical aids are fully accountable to your practice!

B is for Better Business

We are extremely aware of the importance of your business, as an ethical practice, being compliant with all legal and tax matters from the time of set up and throughout your business practice. Part of our Medical Practice Management is the set-up of private medical practices or hospitals and we have written several articles to help in this area too.

We go out of our way to ensure that from the time you set up you have all the right documentation in place and we have recently improved our offering even further by organising practice numbers for Doctors!

C is for Control, Communication and Collections

There are in fact 3 main ‘C’s that we implement to assist you to be a better medical practice. These are the ‘Control’ of payments, ‘Communication’ which includes contact with medical aids and a call centre for patients – and those vitally important ‘Collections!’

Our motto at MFI in regard to our Medical Practice Management is ‘While you get on with the wellness business – we make your financial wellness our business!’ Through our ‘Medical practice management’ and ‘Medical and hospital practice management, ‘we take the hassle and the grind out of your ‘day to day’ medical administrative issues.

We hope this ABC of good reasons to have Medical Practice Management have convinced you and if so, don’t hesitate to contact us to find out more and become one of the over 100 medical practitioners already enjoying the ‘state of the art’ technology that enables us to process medical aid claims in excess of R200 million a year!