Services Deployed
Strategy & Performance Optimization
MSO & Practice Integration
IT
RCM
Overview
Our Client wanted to integrate three separate practices into one single practice and sought SCALE’s multi-disciplinary expertise to achieve this goal.
Execution
- SCALE presented a pro forma financial model of what a consolidated practice would look like
- SCALE presented options for various levels of integration, recommending a high level of integration
- SCALE projected managed multiple workstreams including legal, financial reporting, HR, malpractice, IT, RCM
- The second iteration of integration with three practices began in early 2021 and was completed with billing through the newly formed entity seven months later
Results
- The newly formed practice is now the fourth largest urology practice in New Jersey
- SCALE was able to achieve all billing through one new tax ID
- Each practice's market positioning improved from both an offensive and defensive standpoint
- Created millions of dollars in realizable equity value