IHMS is a practice management consulting firm dedicated to assisting its healthcare clients in becoming more efficient, enhancing revenue performance, and reaching high patient satisfaction levels.

You’ve spent over a decade training to be a doctor, but now your time is spent being an administrator. IHMS has helped physicians in all specialties with practice management issues. With our help you can focus on treating your patients, and let us keep an eye on your bottom line. You retain control of your practice, but are free to concentrate on your life’s work.

We don’t provide “quick fixes”. We provide lasting solutions and maintain ongoing relationships with our physician practices, via regular site visits and availability for emergency situations.

Let us make your life and practice “more manageable”

What is IHMS?
IHMS is a practice management consulting firm dedicated to assisting its healthcare clients in becoming more efficient, enhancing revenue performance, and reaching high patient satisfaction levels. We develop strategic plans for medical practices that are experiencing operational problems that are affecting the practice’s bottom line.

Who is IHMS?
IHMS has assembled a team of professionals with a proven track record of success. IHMS has over 10 years of experience in practice management, medical billing and coding. Let us put our years of experience and expertise to work for your practice.

Our Mission
IHMS is dedicated to improving the efficiency of health care management. We are committed to working with clients to exceed current and future challenges.

Should I Outsource?

According to The Outsourcing Institute (OI), 60% of companies with fewer than 500 employees expect to spend $1 million to $5 million on outsourcing in 2003. Another 20% of companies have budgeted up to $1 million for outsourcing.

Outsourcing is a key enabler for small to medium sized companies because it offers economies of scale, which results in more predictable costs, shared or reduced risk, as well as access to expertise and infrastructure small business typically cannot afford.

OI sees the best functions to outsource as a company’s non-specialty areas that consume significant time and energy, such as tech support, payroll/human resources, financial/legal services and staff training. OI recommends the following formula to determine if outsourcing is cost justified: annual salary + commission + bonuses + benefits all divided by 2,080 (the average number of working hours in a year.) If the costs associated with outsourcing exceed your total, it’s not cost effective.

The bottom line, business owners enjoy a more efficient business by outsourcing tasks in order to concentrate on their core goals and objectives.

Excerpt from “Taking It Outside”