Comprehensive Risk Management Services for Your Practice
Health Management Solutions Inc. specializes in reducing liability risks for dental practices. We provide dental healthcare professionals with the latest legal, professional, and business requirements to practice within Community Standards of Dental Practice. Our comprehensive Risk Management Services are tailored to dental groups or individual dental practices. Our clients highly value “peer review” and recognize our dedication to helping them with their healthcare facility’s Risk Management efforts. Our team is comprised of professionals from various disciplines, including dentists, physicians, business management, and financial professionals, who contribute their years of teaching and professional experience to our expertise and credibility.
We are committed to helping you identify and implement a Corrective Action Plan to mitigate risks and ensure your dental healthcare facility operates within the required and recommended Community Standards of Dental Practice. Our professionals understand the business and ethical concerns of dental healthcare professionals and are sensitive to keep them in mind when making their recommendations, allowing you to focus on patient care while we handle the complexities of implementing Risk Management Practices to reduce your practice’s potential liability risk.
Comprehensive Risk Management General Evaluations
Dental Practice Risk Management
Our dental practice Risk Management Services are designed to help you reduce potential liability risks and enhance the safety and efficiency of your practice. We conduct thorough evaluations of your practice’s mode of operations by examining levels of Compliance with OSHA, HIPAA, and Florida’s Department of Health Biomedical Waste Practices, Chapter 64E-16, FAC. Additionally, we look at Dental Documentation and Recordkeeping practices, examine eligibility insurance verification, billing, credit, and collection practices, and evaluate telephone techniques, marketing efforts, and more.
Evaluation of Dental Practice’s State of Affairs
Health Management Solutions Inc will review the following aspects of your dental practice:
Billing Practices
Identify missing or overlooked procedure codes.
Credit Practices
Identify additional means of offering credit access to patients to maximize approval of treatment plans.
Telephone Practices
Identify effective telephone techniques, recall practices, and follow up on patients’ referrals.
Marketing Efforts
Evaluate existing marketing efforts and their results, and examine all publications and forms of advertisements to make sure they conform to the Fl. Board of Dentistry, and HIPAA’s requirements.
Insurance Verification
Examine insurance verification practices to identify deficiencies.
Treatment Planning
Examine patient treatment planning presentations and techniques.
Financial Assistance
Evaluate patient credit financial assistance options.
Financial Policy
Evaluate current financial policy or create a clearly defined financial policy if none exists.
Personnel Files
Review personnel files to verify required staff credentialing documentation.
Job Descriptions
Revise and update existing written job descriptions to make sure they conform with OSHA and Fl. Board of Dentistry’s requirements.
Staff Utilization
Evaluate staff utilization levels to determine under or over-utilization and ensure adherence to Florida’s Board of Dentistry regulations.
Developing a Risk Management Plan
Certified Risk Management Professional Strategies
Our certified risk management professionals develop customized risk management plans to increase productivity and profitability in your dental practice. Our strategies include:
Introducing new revenue-producing services and products to improve practice profitability.
Implementing sales incentives for the staff to generate additional income from treatment plans, cosmetic dentistry procedures, and dental hygiene product sales.
Ensuring co-payments are collected when treatments are provided.
Introducing specific and uniform dental documentation practices to reduce liability risk and improve communication.
Improving aging account receivables and collection practices.
Organizing and Leading Your Practice
Risk Management Consulting Company Initiatives
As a leading risk management consulting company, we focus on organizing your practice to enhance efficiency and accountability. Our initiatives include:
Management Structure
Creating a clearly defined management structure and accountability system.
Organizational Chart
Creating an organizational chart to represent the chain of command and administrative responsibilities.
Job Descriptions
Creating specific job descriptions to define delegable tasks to technical staff.
Staff Meetings
Conducting monthly general staff meetings and weekly administrative meetings to review productivity, collections, marketing, and other administrative issues.
Dental Documentation Practices
Establishing uniform and clearly defined dental documentation practices.
HIPAA Compliance
Implementing HIPAA policies and procedures and ensuring staff understand their responsibilities.
Professional Presentation Folder
Creating a professional practice presentation folder to enhance the practice’s image and demonstrate credentials and services to patients.
Controlling and Monitoring Performance
Risk Management Consultant Services
Our risk management consultants focus on controlling and monitoring performance to ensure continuous improvement and compliance. Our services include:
Personnel Deficiencies
Identifying and addressing personnel deficiencies on an individual basis.
Documentation Audits
Conducting weekly documentation audits from randomly selected patient files to identify deficiencies and prevent liability risks.
Professional Development
Addressing deficiencies with sensitivity and tact, emphasizing community standards of practice and the importance of required documentation practices.
Financial Arrangements and Compliance
Professional and Ethical Standards
At Health Management Solutions Inc, we expect respectful professional and ethical behavior from the dental staff towards all of our officers, employees, and subcontractors. We also expect complete compliance with all local, state, and federal regulatory requirements. Failure to adhere to these standards will result in the termination of our business relationship and contractual agreements.
Why Choose Health Management Solutions Inc?
Risk Advisory Consultant Expertise
As a trusted risk advisory consultant, we bring extensive experience and expertise to your practice. Our team is committed to providing personalized, efficient, and reliable solutions tailored to your needs. Contact us today to learn more about how our risk management services can benefit your practice.
Frequently Asked Questions
What is a certified risk management professional?
A certified risk management professional is an expert who has received certification in risk management, demonstrating their knowledge and skills in identifying and mitigating risks in various settings, including dental practices.
How can risk management services benefit my dental practice?
Dental practice risk management services help identify potential risks, implement strategies to mitigate them, and ensure compliance with industry standards, protecting your practice and enhancing patient safety.
What does a risk management consultant do?
A risk management consultant provides expert advice and strategies to help businesses identify and manage risks. They conduct evaluations, develop risk management plans, and offer ongoing support to ensure continuous improvement and compliance.
Why is certified risk management important?
Certified risk management is important because it ensures that the professionals managing your risks have the necessary knowledge and skills to effectively identify and mitigate potential issues, protecting your practice and ensuring compliance with regulations.
How do I get started with Health Management Solutions Inc?
To get started with our risk management consulting company, contact us today to schedule a consultation. Our team of experts is here to help you navigate the complexities of risk management and enhance the efficiency and safety of your practice.