Medical Practice Consultants or Healthcare Management Consultants typically advise licensed healthcare providers and health-systems on business and administrative issues, but not clinical issues.
These topics commonly include governance, operations, human resources, finance, billing, coding, transactions and marketing, but there are dozens of subcategories and specialties within the field.
More and more hospitals engage them as physician practices are acquired and more physicians are employed. There are several trade association in the US for healthcare business consultants, the largest by-far being the National Society of Certified Healthcare Business Consultants (NSCHBC) that also serves dental, podiatric, chiropractic, physical therapy, and other subspecialty practice management consultants. NSCHBC offers a credential in the field; Certified Healthcare Business Consultant or "CHBC"; a directory searchable by specialty and state; and continuing education programs. Consulting rates vary from under $100 per hour to over $400 per hour.
Famous quotes containing the words medical practice, medical and/or practice:
“Homoeopathy is insignificant as an art of healing, but of great value as criticism on the hygeia or medical practice of the time.”
—Ralph Waldo Emerson (1803–1882)
“The greatest analgesic, soporific, stimulant, tranquilizer, narcotic, and to some extent even antibiotic—in short, the closest thing to a genuine panacea—known to medical science is work.”
—Thomas Szasz (b. 1920)
“Toddlers who don’t learn gradually about disappointment lose their resilience through lack of practice in give-and-take with other people’s needs. They can become self-centered, demanding, and difficult to like or to be with.”
—Alicia F. Lieberman (20th century)