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Ophthalmology & Eyecare
Optimizing Eyecare: Ophthalmology Practice Management Consulting & Strategic Solutions
At VMG Health, our dedicated team brings a wealth of knowledge and experience to ophthalmology and eyecare. Working alongside some of the industry’s pioneers and leading experts has helped our consultants develop a deep understanding of the unique needs and challenges facing today’s ophthalmology practices. Our team has earned an outstanding reputation for guiding solo, large multi-physician, and multi-specialty practices.
Our extensive experience spans all facets of the ophthalmology field, from practice valuation to operational consulting, enabling us to offer comprehensive support to practices of all sizes. By leveraging our in-depth industry knowledge and proven strategies, we help our clients optimize their operations, enhance patient care, and achieve sustainable growth in an increasingly competitive healthcare landscape.
VMG Health offers a comprehensive suite of services tailored to meet the unique needs of your eyecare organization.
Operational Support
- Coding Audit & Compliance
Ensure accuracy, optimize revenue, and maintain regulatory adherence in ophthalmology practices. Our experts provide tailored solutions, from documentation reviews to compliance training, aligning your operations with CMS guidelines and enhancing overall efficiency.
Learn more- Compensation Design, Implementation & Outsource Support
VMG Health specializes in designing and implementing tailored physician compensation strategies for ophthalmology practices. Our customized, market-based plans align physician incentives with organizational goals, ensuring compliance and motivating providers to drive success in patient care.
- Practice Start-Up
We offer expertise in all areas of starting an ophthalmology practice, from feasibility and demographic analyses to planning and development, policy and procedure implementation, and staff hiring and training.
- Operational Practice Assessment
VMG Health performs customized ophthalmology practice assessments evaluating all systems, including compliance training, HR, provider productivity, and practice operations to ensure your practice is running at its peak, whether for optimal performance or in preparation for an acquisition or merger.
Improve Practice Operations- Provider Benchmarking & Risk Assessment
We offer specialized provider benchmarking and risk assessment services for ophthalmology practices to optimize coding protocols and manage regulatory risks. Our tailored analyses identify revenue opportunities and ensure your practice’s compliance and financial success through detailed performance benchmarking.
- Recruiting & HR Support
With our specialized recruiting and human resources support for ophthalmology practices, we simplify employee management with tailored HR solutions. From recruitment and training to payroll and compliance, our services help build a productive, engaged workforce that drives your practice’s success.
Learn more- Succession Planning
VMG Health’s team of experts will support and guide you toward the ideal future for yourself and your organization. Whether you are a solo physician or part of a group practice, it’s essential to proactively plan for the next phase, ensuring a smooth transition for patient care, staff continuity, and financial outcomes, while also addressing long-term organizational stability and potential consolidation in the years ahead.
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Improve Ophthalmology Practice Operations
Increase Profitability & Efficiency
VMG Health provides ophthalmology practices with customized operational assessments to analyze various facets of your operations and recommend best practice approaches, including appointment scheduling, patient registration, workflows, eyecare staff wage analysis, and more.
Merit-based Incentive Payment System (MIPS) Performance
MIPS Eyecare Support
We offer customized, fee-for-service MIPS support for ophthalmology and eyecare practices. This allows you to utilize our services based on your specific needs.
Growth Opportunity Services
- Due Diligence
We offer comprehensive due diligence services for ophthalmology practices, ensuring successful transactions and thorough independent reviews. Our tailored evaluations cover financial, regulatory, and operational aspects, offering critical insights to support strategic decisions and enhance organizational performance.
- Financial Benchmarking & Planning
Our consultants analyze key financial, productivity, and efficiency indicators, comparing them to industry standards. We identify areas for improvement in provider productivity, operating efficiency, staffing levels, revenue cycle management, and new business opportunities. We simplify decision-making with proven feasibility tools and customized financial reporting templates.
Learn more- Management Services Organizations (MSOs)
We provide expert guidance for ophthalmology practices using management services organizations (MSOs), ensuring compliance and operational efficiency. Our services include fair market value assessments and tailored strategies that align with your organization’s goals, allowing you to focus on delivering high-quality patient care.
- M&A Advisory
VMG Health is here to guide you through every stage of your healthcare transaction. From strategy development to deal execution, our team ensures optimal outcomes by leveraging deep industry expertise and a thorough understanding of the unique challenges in the ophthalmology sector.
Learn more- New Opportunity Assessments
Our trusted experts can assess the viability of adding a unique business opportunity in the eyecare space, such as opening a practice, adding a new provider, or opening a new location through a feasibility analysis.
- Reimbursement Consulting & Analytics
VMG Health provides in-depth reimbursement consulting and analytics for ophthalmology practices, optimizing revenue through strategic insights into managed care contracting. Our tailored analysis identifies rate disparities and enhances payer reimbursements, ensuring financial stability and growth for your organization.
- Strategy Planning & Development
We learn your organization’s mission, vision, and culture; conduct cost and benefits analyses; perform market research; and partner with leaders to create a strategic plan of expansion and development. Our services include benchmarking, competitive analysis, demographic analysis, payer analysis, strength/weakness/opportunity/threats (SWOT) analysis, employee satisfaction surveys, and assessment of staffing and provider needs.
By the Numbers
We’re changing the business of healthcare for the better.
168
Years in Eyecare
90+
Clients Served Per Month
At VMG Health, we are committed to being your trusted partner in navigating the complexities of the eyecare industry.
Whether you are looking to enhance the efficiency of your practice, ensure compliance with regulatory standards, or explore growth opportunities, our team stands ready to provide the expertise and guidance you need. Get in touch today.
Ophthalmology Programs & Offerings
- Ophthalmology Connection (BSM Connection for Ophthalmology)
Ophthalmology Connection takes the stress out of everyday management tasks. This membership program is designed to support the growth, success, and innovation of your ophthalmology organization and its clinical and nonclinical staff.
- Member Mentor: Connection Consulting
Member Mentor program pairs the eLearning, tools, and resources available on Ophthalmology Connection with a dedicated consultant to serve as your mentor and strategic partner.
- Certified Eyecare Professional
VMG Health’s Certified Eyecare Professional (CEP) program simplifies the training process for new eyecare employees, allowing your staff to get up to speed quickly while reducing the time and resources needed for onboarding.
- Certified Patient Service Specialist
The Certified Patient Service Specialist (CPSS) program is designed to address these challenges by providing a structured path for developing and retaining top talent in patient service roles.
Ophthalmology & Eyecare Experts
Proud Partner
Platinum Strategic Business Partner
VMG Health is a proud strategic business partner of the American Society of Ophthalmic Administrators (ASOA).
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NOTE: For technical support for membership programs, please visit this page.