• Revenue Cycle Management
  • COVID-19
  • Reimbursement
  • Diabetes Awareness Month
  • Risk Management
  • Patient Retention
  • Staffing
  • Medical Economics® 100th Anniversary
  • Coding and documentation
  • Business of Endocrinology
  • Telehealth
  • Physicians Financial News
  • Cybersecurity
  • Cardiovascular Clinical Consult
  • Locum Tenens, brought to you by LocumLife®
  • Weight Management
  • Business of Women's Health
  • Practice Efficiency
  • Finance and Wealth
  • EHRs
  • Remote Patient Monitoring
  • Sponsored Webinars
  • Medical Technology
  • Billing and collections
  • Acute Pain Management
  • Exclusive Content
  • Value-based Care
  • Business of Pediatrics
  • Concierge Medicine 2.0 by Castle Connolly Private Health Partners
  • Practice Growth
  • Concierge Medicine
  • Business of Cardiology
  • Implementing the Topcon Ocular Telehealth Platform
  • Malpractice
  • Influenza
  • Sexual Health
  • Chronic Conditions
  • Technology
  • Legal and Policy
  • Money
  • Opinion
  • Vaccines
  • Practice Management
  • Patient Relations
  • Careers

The best consultants should have a huge realm of experience

Article

Management consultants can help your practice fix its business problems. Find out what you need to think about when looking for one.

Q: We've been considering hiring a management consultant to improve some of our business practices. How can a management consultant typically help a practice, and what factors should we think about when evaluating prospective ones?

According to an old joke, a management consultant is someone who borrows your watch to tell you what time it is. That's actually not too far off the mark, because when a consultant comes up with good ideas for change in a practice, the ideas are often self-evident. When a consultant comes up with esoteric solutions that you wouldn't have considered in a million years, beware. Good ideas should be unmistakable to everyone.

The best management consultants get their good results by applying a huge array of experience to the facts and circumstances of your situation in a fresh and unbiased way. This means that spending 10 years' time as a clinical administrator for a single group practice won't be enough to do a credible job of consulting. Actually, 1 year of employment in 10 different settings for a total of 10 years' experience would be much better. The fact is that management consultants get better as they get older and more experienced. Consulting is not an entry-level job.

Answers to readers' questions were provided by Judy Bee, Practice Performance Group, La Jolla, California. She is also an editorial consultant for Medical Economics. Send your practice management questions to medec@advanstar.com Also engage at http://www.twitter.com/MedEconomics and http://www.facebook.com/MedicalEconomics.

Related Videos
© National Institute for Occupational Safety and Health
© National Institute for Occupational Safety and Health
© National Institute for Occupational Safety and Health
© National Institute for Occupational Safety and Health