Blackwatch LLC

Blackwatch LLC

  • 750 2nd St Ne Ste 102
  • Hopkins, Minnesota
  • 55343

Description

5. Benchmark and investigate causes of deviation. The accountability that is created in a benchmarking exercise spurs creativity. Most of the time, the areas where a practice is deviating from benchmarks comes as a surprise, and is the result of the “this is how we have always done it” mindset, or “our docs can’t manage in an environment that doesn’t provide this” mindset. If you find the right benchmarks and drill down far enough, you will know exactly what drives costs in your practice, and where your “luxuries” exist.

During the initial project phase, we build an infrastructure of new processes and a methodology to support them. This structure remains in place, and following the initial phase we provide ongoing financial and metric analysis, and maintenance of those functions. This creates a truly functional executive role in the practice that is primarily automatic and self-sufficient, with limited cost incurred by the practice on an ongoing basis.

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