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We built our business by delivering effective,
“win-win” solutions to business challenges on
a totally confidential basis.

Jim Wolfe

Medical Business Consulting Dental Business Consulting Full Array Of Services
Learn about some of our success stories
 

Medical Consulting

Issue:
A single location group was troubled by static volume and increasing overhead.
Resolution:
Based on various analyses, a plan to relocate the practice, add services, and increase patient volume was implemented over time to produce continued growth and superior compensation.
Issue:
Two specialty physicians in a very busy practice were concerned with their hectic lifestyles.
Resolution:
A long-range plan was prepared and initiated to add providers, locations, and revenue sources while reducing travel. All goals were achieved on time.
Issue:
Substantial business operating problems frustrated the partners in a multi-specialty primary care practice.
Resolution:
Analysis revealed several root causes of the problems. A plan to prioritize and deal with each was begun. After two years, results improved significantly and practice growth returned.
Issue:
A continuing management support plan was implemented to address issues as identified, and provide regular practice status reviews to reduce physician’s time devoted to business management.
Resolution:
A high-volume solo subspecialist was expanding the practice to meet growing demand, but did not have time for daily management.

Start-Up

Issue:
An employed primary care physician did not want to accept the partnership offered by the large multi-provider practice.
Resolution:
A practice start-up business plan was implemented with a high probability of success. After five years, the new practice produces results in the 65th percentile for practice in its specialty from two locations and five providers.
Issue:
A pair of newly graduated primary care physicians want to open a practice in a high growth area.
Resolution:
The practice opened within 90-days based on a detailed business plan which covered all elements from location to financing. After five years, the practice exceeded all projections and continues to produce excellent results each year.

Real Estate

Issue:
A high-volume primary care physician was not able to restructure an unfavorable office sharing arrangement.
Resolution:
Based on a real estate survey, a replacement location in the target area was identified, financing arranged, and a purchase agreement completed.
Issue:
Two specialists wanted an office in an underserved area. Initial real estate surveys identified only flawed options to rent.
Resolution:
A study of complementary practices in the designated area identified several part-time office sharing opportunities. A contract with the optimal choice created a solution which benefited both practices.

Recruiting

Issue:
A specialist developed a rapidly growing practice which was harming quality of life and could not be maintained long-term.
Resolution:
An employee to equity plan was established for a second physician, and a targeted search was begun. A list of qualified applicants was evaluated and ranked. The first choice accepted and. after three years, both partners achieved outstanding compensation with high quality of life.
Wolfe Consulting Group Is A Part Of Your Team

We understand that you have a team of
trusted advisors that assists in managing
your practice. We will join your team and
work effectively with your existing:

  • Attorney
  • CPA / Tax Consultant
  • Banker
  • Life and Disability Insurance Agent
  • Investment Advisor
  • Property & Casualty Insurance Agent

Meet The Team At Wolfe Consulting Group Learn About Some Of Our Success Stories Read Some Client Testimonials