OUR SERVICES

FOR THE HEALTH OF YOUR HEALTHCARE BUSINESS

At OMI, we offer a complete back office management solution for every medical professional. From independent physician practices, to large hospital groups, to specialty treatment centers, we help you develop, manage and grow your organization. In addition, we offer an array of customizable options to meet your specific needs. Giving you the flexibility to financially secure your business – while providing optimal care for your patients.

OUR COMPREHENSIVE SUITE OF HEALTHCARE MANAGEMENT SERVICES INCLUDES:

COST MANAGEMENT AND FINANCIAL REPORTING

  • Financial reporting
  • Benchmarking
  • Bookkeeping optimization
  • Liaison with lenders
  • Business plan development of new services lines, locations and growth initiatives
  • End of year tax planning.

HUMAN RESOURCES

  • Recruitment of clinical and non-clinical staff needed to support the practice
  • Hiring of all non-physician staff
  • Preparation of job descriptions
  • Training
  • Human resource functions
  • Analysis of employment terms for physician recruits
  • Employee Benefits
  • Evaluate and monitor physician compensation plans of the practice
  • Payroll processing
  • Benefits oversight and liaison to outside professionals
  • Health insurance
  • Pension.

BILLING & COLLECTIONS/ PAY OR NEGOTIATIONS

  • Analysis of payer contracts and proposed rates on financials
  • Negotiation of contracts for services provided to hospitals
  • Negotiation of contracts with payers
  • Charge capture, claims submission, collections and follow up on claims
  • Collection at time of service
  • Update fee schedule for anticipated reimbursement and monitor same
  • Monitoring and management of refund process for overpayments
  • Support all billing, collection and reporting functions for radiotherapy
  • Preparation of billing reports, as needed
  • Monitor adherence to financial terms by third party vendors/customers

OPERATIONS & BUSINESS DEVELOPMENT/COMPLIANCE

  • Strategic organizational growth plans
  • Identification of opportunities for joint ventures
  • Identification & implementation of new service offerings
  • Negotiate and monitor services agreements
  • Develop strategic plan for growth
    • Ongoing evaluation and selection of IT
    • Ongoing evaluation and selection of EHR
  • Facility lease negotiations and provision of space needed by the practice
  • Workforce planning
  • Management of non-clinical staff
  • Monitor clinical quality data; advise physicians if targets are being achieved
  • Analytics of Clinical Process Performance
  • Support non-clinical aspects of research
  • Full non-clinical support of management services listed in Exhibit A
  • Clinical program financial analytics and administrative implementation
  • Assist with evaluation and implementation of best practices
  • Outcomes data management & analysis
  • Provision of all supplies, exclusive of drugs and other regulated products
  • Provision of furniture, fixtures and equipment as needed
  • Coding Analysis
  • Coding and documentation training
  • Support coding and documentation audits by payers and/or CMS
  • Compliance and administrative support for:
    • Certifications
    • Accreditations
    • Licensures
    • Medical records
  • Procure FMV and commercial reasonability opinions, as needed
  • Operational Process measurement
  • Performance measurement
  • Monitor adherence to contract terms, benchmarks
  • Monitor patient satisfaction surveys and implement improvement initiatives

JOINT VENTURE OPPORTUNITIES

At OMI, we don’t just help you manage your business. We bring you new opportunities to help you grow it.

OMI can serve as your partner in new ventures, investing with you for a shared success. We can also facilitate new partnerships between hospital groups, physician practices and specialty treatment centers.

Creating Strong Alliances

  • OMI identifies opportunities for joint ventures
  • We assist in securing capital
  • We create, develop and execute the shared vision
  • We can serve as a facilitator, or as a joint investor

MARKETING & OUTREACH

  • Brand development and optimization
  • Service marketing strategy planning
  • Website development and optimization
  • Digital marketing including social media
  • Internal and external marketing

100 FIRST ST. SUITE 301
HACKENSACK, NJ 07601

100 FIRST ST. SUITE 301, HACKENSACK, NJ 07601
(201) 458-2220
© 2018 BY OMI, LLC

100 FIRST ST. SUITE 301, HACKENSACK, NJ 07601
(201) 458-2220
© 2018 BY OMI, LLC