A Trusted Partner of CMW
A guiding light for physicians and APRNs on the path to growth
The challenges and time constraints of day-to-day operations within a medical practice can often make it difficult to set aside time to focus on practice building. MD Growth Strategies, the practice growth experts, can provide you with a proven strategic partnership that makes it possible to manage and grow your practice efficiently. We are trusted advisors to physicians and medical practices, providing assistance with:
• New Practice Start-up planning and activities
• Business Development and Enterprise Growth Strategy
• Practice valuation strategies
• Branding & Marketing
• Exit Strategy Planning
Whatever your practice goals are, we are uniquely equipped to help you plan and execute a strategy to achieve those goals in a timely fashion.
Healthy Practice Check-Up ©
Let’s take a look at the things that are going well, and also identify opportunities for improvement
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Review and audit practice operations, including but not limited to:
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Financial Review
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Revenue Cycle Management Review
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Billing KPI’s
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Benchmarking
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EHR Utilization Review
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Staffing Review
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Policies & Procedures
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Internet Presence & Digital Personality Review
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Overall Practice Branding
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Logos
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Signage
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Uniforms
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Website Creation and Optimization
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Digital and Traditional Marketing
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Collateral, Photo, and Video Production
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Business Development – Practice Growth
​Executing proven strategies to increase practice revenue, pursue plans for expansion and establish a continuous fiscal maturation. We can help you achieve practice growth at a fraction of the expense you would expect from other traditional marketing firms or advertising agencies.
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These are some the tools and activities we use to help you develop your practice, generate additional revenue and position you for strategic growth in a way that meets your practice goals. These activities will also increase your visibility to the community, new patients and current patients. Together we will decide which of these are appropriate for your specific situation.
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Review and utilize current Patient Demographic Data for patient outreach
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Create new office collateral, signage, handouts
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Practice website review and revisions (if needed)
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Social media content and management
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Search Engine Optimization – makes you more visible to new & existing patients
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Paid Advertising
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Dedicated Landing page management
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Reputation Management
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Google Business updates with current information and materials.
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Create and distribute a monthly digital patient newsletter
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Provide ongoing monthly administrative coaching and oversight (if needed)
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The MDG Assurance Marketing Plan©
For our top line growth clients, our ASSURANCE MARKETING PLAN© is designed to promote patient acquisition and increased practice revenue. It is proven that professionally managed, targeted patient outreach results in increased patient volume and increased practice revenue. With our experience and expertise, MDG is uniquely qualified to help you develop and manage the top line growth that can take your practice to new heights, resulting in greater financial security for you and your family.
Strategic Planning/Exit Strategy
The activities in your personalized development plan can all work together to create a higher valuation for your medical practice by incorporating these elements that are necessary to make the practice an attractive business opportunity to potential buyers/partners. Your years of hard work should have a high value in the marketplace, and your dedication to your patients and their families should be honored. We can help you create a legacy in which others will follow to continue your work and service to your patients.
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Standardized processes in place i.e. Written policies & procedures
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Sound financial management
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Adherence to standard accounting and bookkeeping principles
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Performance Benchmarking
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Robust web presence and digital outreach
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Regular contact/outreach with existing patients
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Scalable Infrastructure
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Growth Potential
Exit Representation & Coaching
If your ultimate goal is to enhance your practice valuation and create a profitable exit strategy we are positioned to help you navigate the complex process of representing you to potential partners, buyers or investors. When that time comes we would be honored to represent you and/or coach you to a successful conclusion of this phase of your career and life journey.