200 International Drive
Williamsville, New York 14221
Phone 716.634.8800
 
:: Survival of the Fittest
In today’s highly controlled and legislated health care market, only the most adaptive and the highest-performing practices will succeed. Strength takes many shapes: efficient operations, expert staff, cash flow, and technological upgrades. 

First and foremost, your patients are your priority. However, caring for the business and administrative side of the practice is just as important; that’s our area of expertise. We help you, through your management leaders, give the same level of attention to the business and administrative side of the practice that you provide to your patients.

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To subscribe, please contact Stacy Gold-Taylor

:: Published
Read Tina MacDonald's article entitled Practice Management Systems on page 3 of MGMA's Spring '07 newsletter

Medical Practices Services

For the business of the practice, we can help with:

  • Information Technology

  • Compensation and Structuring

  • Retirement Plan Design

  • Employee Benefit Plan Services

  • ABCs of Electronic Medical Records (EMR)

  • Accounting and Bookkeeping

  • Financial Statement Preparation

  • Medical Billing and Operational Assessments

  • Medical Practice Physical

  • Performance Management & Improvement

  • Tax Planning & Preparation

  • We also recognize the individuality of your practice and your leaders. You can benefit from our years of experience with our knowledge of:

  • Individual Investments
  • Retirement Planning Analysis
  • Naturally, there are other areas of expertise that are more generic. You'll find these here.

    Financial Statement Preparation

    Manage your practice more effectively with Dopkins & Company’s financial statement preparation services.

    As a physician or physician group, dependable, accurate financials are essential for quality decision-making. From decreasing reimbursements to rising costs, Dopkins & Company understands the healthcare industry and will provide the accurate and timely financial reporting you need to manage your practice.

    Healthcare industry experts

    As you know, presentation of the financial statements for physician groups is unique. From displaying per patient revenue to tracking revenue and expenses by physician or location, you need a provider who understands your industry. Dopkins knows the healthcare industry has its own language and key issues and we can translate numbers into meaningful management information so you can make decisions!

    We can help you identify and manage areas of concern such as overhead allocation, cash flow, or profitability. Our team, which serves more than 160 healthcare entities, can make sense of your financial information and interpret key points for you—so you can focus on what you do best, caring for patients. With timely and accurate financial reporting, your group can identify trends and review and costs and better financial manage your practice. Dopkins’ will help your physician group develop and implement an internal financial reporting system, design your financial statement components and prepare and/or review your financial statements periodically.

    For more information please contact Al Nigro.

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    Medical Billing and Operational Assessments

    Medical practices on the average lose 20% of their revenue to inefficient billing and collection practices.  Are you one of those practices?  Over the past 20 years, Dopkins Medical Solutions, LLC has helped many of those practices eliminate that loss.  Our Practice Management Consulting group utilizes a practice performance assessment as an integral tool in the evaluation of your practice processes including front desk, registration, data entry, coding, payment posting, claims processing and accounts receivable management.  The results of this assessment will provide your organization with improved practice processes, increased revenue, decreased accounts receivable and an improved cash flow.

    In some cases, the result of the assessment indicates outsourcing the billing process as the most cost-effective and revenue generating conclusion.  Dopkins Medical Solutions, LLC in those cases is prepared to offer our Medical Billing and Accounts Receivable Management services as an affordable solution.  Using a state-of-the-art information system, certified coders and a team-based approach to manage the complexities of the ever-changing health care industry, you can focus your attention on the practice of medicine while we manage your accounts receivable. 

    Our Application Service Provider (ASP) offering, provides the most comprehensive “HIPAA Compliant” and “SAS 70 Compliant” practice management system on the market today, without large “up-front” capital investments, costly equipment maintenance, expensive upgrades or ad-hoc reporting costs.

    With a focus on Western New York, we understand the requirements of the government and local carriers while building relationships with each to ensure prompt and successful claims management.


    For more information please contact either Jerry Maciejewski or Tina MacDonald.

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    PM&I – Performance Management & Improvement

    Align your activities with your strategic objectives to take your business to the next level of success.

    Most physician groups face continuous challenges affecting profitability. But, getting at the real issues behind missed deadlines, process variability and bottlenecks, or underutilization of staff can be difficult. Dopkins & Company has been helping physician groups of all sizes overcome challenges and improve profitability and long-term strategic value with our variety of Performance Management & Improvement (PM&I) solutions.

    PM&I is a multi-dimensional process based improvement methodology rooted in such disciplines as six sigma, lean, activity based management and performance measurement. These services provide results by identifying and offering solutions to the root causes of issues that prevent the alignment of day-to-day activity with your strategic objectives.

    There are many benefits of using PM&I solutions to streamline your group’s processes and improve efficiency. Some specific benefits for physician groups include:

  • Quantifiable improvements that go directly to profits;
  • Improved cash flow;
  • Elimination of costly waste in patient care and administration processes;
  • Less rework (claim denials, insurance demographic collection, etc.); and
  • Better utilization of professional team or patient care needs.
  • For more information please contact Ralph Jeswald.

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    Tax Preparation & Planning

    Put a team of tax professionals on your side year-round!

    As a physician group practice, quality tax planning and preparation are essential to your financial strength. But it’s important to distinguish between simply finding someone to prepare your yearly tax returns and putting a tax expert on your side the whole year through. As an expert in the health care industry, Dopkins & Company can help you take advantage of every available incentive and minimize your taxes!

    At Dopkins, we believe it’s essential to gain a thorough understanding of your company’s operations, tax elections and methods—not only to prepare an accurate, complete set of returns, but also to find the most effective means to save additional tax dollars and meet your financial objectives.
    From implementing tax-saving strategies and reviewing new legislation to evaluating current elections and amending returns, our staff works tirelessly throughout the entire year to find the most effective ways to save your tax dollars and keep more of your hard-earned profit. Your tax team will provide ongoing assistance throughout the year, not just during the year-end procedures.

    Our more than 25 tax professionals include specialists who are proactive, strategic thinkers who work to maximize your cash flow. In addition to cash flow considerations, we also believe that tax planning is most effective when it is integrated with, and fully supports, your business plan and personal goals. Our approach to tax planning will help you better understand the tax implications of any proposed course of action, and together we can make the right decisions for your business.

    Specific tax preparation and planning services include:

  • Tax return preparation
  • IRS and state audit representation
  • Strategic income tax planning for business owners and high net worth individuals
  • Estate and gift tax planning
  • Strategic income tax planning for commercial enterprises
  • Executive compensation
  • Mergers, acquisitions, divestitures and due diligence
  • For more information please contact Steve Studley.
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    Achieving Results: People to People