Partnering With Spectrum Management Services Company
Collectively, the SMSC team has decades of healthcare experience both in consultative and in-house roles. Team members have worked with healthcare entities of all shapes and sizes and have included tertiary medical centers, community hospitals, critical access hospitals (CAH), Federally Qualified Health Centers (FQHCs), primary care practices, and a wide range of specialty physician practices, including allergy, anesthesiology, gastroenterology, ophthalmology, pathology, psychiatry/behavioral health, pulmonology, OB/GYN, oncology, radiation oncology, and radiology.
SMSC was formed in July 2019 to provide a full suite of physician practice management services to a wide range of healthcare organizations. Since our inception, we have successfully developed our client base to include several specialty physician practices across the country.
Your Success is Our Business
- A 40-physician radiology practice in Colorado partnered with SMSC for multiple management needs. We worked together on renegotiating their hospital contracts and recruiting physicians. Additionally, we helped with their payor contracting and negotiation process, performing a comprehensive contract review of their primary commercial payor contracts and providing a detailed analysis that identified both immediate and long-term opportunities for revenue enhancement.
- SMSC provided practice operations services to a radiology group in Maine, helping manage all aspects of the practice including bonus payments, benefits coordination, and hospital support initiatives. Taking these items off their plate allowed them to prioritize patient care and clinical responsibilities.
- Another radiology practice in Oklahoma hired SMSC for full practice operations support and appreciated the way our team took the time to ask questions that identified pertinent information about their group. This analysis helped maximize the benefits the group received.
- When a 145 physician radiology practice in Colorado had some unexpected staffing changes to their credentialing department, the SMSC medical staff services team was able to jump in quickly to augment the remaining team. SMSC also helped this group automate their credentialing processes, improve workflow, and substantially reduce their turnaround time for re-appointments.
- Based on our experience of negotiating contracts, hospital financial support to radiology groups generally ranges between $100,000 – $300,000 per radiologist FTE. In one year alone, SMSC secured over $30 million in supplemental revenue for our clients.
- Our experienced medical staff support team has processed over 1,500 applications for providers at 80 sites in eight states.
- Over the last couple of years, our team has analyzed more than 50 payor contracts with multiple clients realizing more than $1,000,000 in increased revenue.
- Last year, our physician recruitment team recruited and hired more than 75 physicians for our clients.
We partner with practices across the country.
