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Ancillary Services for Medical Practices
Expand Patient Care. Create New Revenue Opportunities.
SilverNorth helps independent medical practices identify and implement appropriate ancillary products and services that can expand patient care while creating additional revenue opportunities for the practice.
Expand What Your Practice Can Offer
Your existing patient population may represent opportunities to provide additional services that support patient needs while strengthening the financial performance of your practice. SilverNorth evaluates where those opportunities may exist and helps determine which ancillary products and services make sense based on your patients, practice structure, workflows, and business objectives.
What Are Ancillary Services?
Ancillary services are additional healthcare products, technologies, diagnostic capabilities, monitoring solutions, care-management services, and other offerings that complement a practice's core medical services. When appropriately selected and implemented, they can allow a practice to provide more comprehensive services to existing patients while creating additional sources of revenue.
Finding the Right Opportunities for Your Practice
Patient Population
Evaluate patient demographics, needs, utilization, and existing gaps in services.
Clinical Fit
Consider whether a product or service appropriately complements the care already being provided.
Financial Opportunity
Evaluate potential utilization, reimbursement considerations, costs, and overall financial opportunity.
Operational Fit
Determine the staffing, technology, workflow, training, and resources required for successful implementation.
More Than Adding Another Service
The objective is not simply to add more products or services. The objective is to identify opportunities that make sense for the practice and its patients. SilverNorth considers patient benefit, financial potential, implementation requirements, staff workload, and operational impact before recommending an opportunity.
From Opportunity to Implementation
01
Identify
02
Evaluate
03
04
Review the practice, patient population, existing services, and potential gaps.
Assess the clinical, operational, and financial potential of appropriate ancillary opportunities.
Implement
Help coordinate the products, services, technology, partners, training, and workflows needed for implementation.
Measure
Track utilization, financial performance, operational impact, and other relevant results after implementation.
Ancillary Services as
Part of a Stronger Practice
Ancillary services are only one part of practice optimization. SilverNorth looks at how new services interact with Revenue Cycle & Billing, Patient Retention & Care Management, Practice Operations, and the breadth of Our Services.
Could Your Practice Support Additional Ancillary Services?
The answer depends on your patient population, existing services, practice capacity, payer mix, workflows, and financial objectives. SilverNorth's Practice Assessment is designed to help identify where meaningful opportunities may exist.
