Our services

Business Consulting

Medvest Capital’s personalised business solutions are not just about providing services, tools, and strategies. They are designed to empower medical practices, instilling a sense of confidence and control in the operations of the practice.

What is business consulting?

Medvest Capital offers various business solutions, such as practice registration, bookkeeping, tax compliance services, accounting management, and debt management.

Business consulting, a financial service, offers expert advice and guidance to help medical practices achieve their goals, solve complex business issues, and enhance practice efficiency. This service is designed to bring significant benefits to your practice, including improved financial management and streamlined operations.

Business Consulting - business analysis
Business Consulting

Why would you consider outsourcing business consulting services?

Outsourcing business consulting services is the best way to minimize costs, providing a much-needed relief from the financial burden, especially when balancing patient care. A consultant, equipped with the skills and expertise to tackle business bottlenecks, is a cost-effective solution to optimize practice operational efficiency, making you financially savvy and resourceful.

Business consulting encompasses a wide range of services, such as marketing, operations management, IT applications, strategic planning, and financial management.

Segmentation Analysis

Our segmentation analysis closely examines your patient’s preferences and unique behaviours. This enables you to better understand your demographic needs. Patient segmentation optimises the business strategy of your practice and helps drive the consumer market closer to your medical services. This is regarded as a highly effective business strategy that better reaches your target market, which is a process that involves dividing your customers based on behaviours and demographics in order for the sales team to reach out to future patients. Therefore, in order to construct a robust customer segmentation model, we need a strong set of customer segments to achieve this.

Bad Debt Management

Bad debt management is a process that reduces the risk of patients defaulting on existing debts by devising a consensual, affordable and reliable payment plan.
The process of debt management involves negotiating with patients to agree to an affordable payment plan.

Debt management is a secure and safe approach to improving your chances of meeting the financial obligations of the practice. It allows you to remain in practice without the looming threat of debt and bankruptcy. Once all the financial obligations are met, we can further discuss the impact of patient payment reminders and continuous follow-ups, providing a sense of security for the future of the practice.

Frequently Asked Questions

  • Identify the consumer market.
  • Separate customers and categorise them into groups
  • Formulate personas
  • Define customer needs
  • Align services to the customers’ needs
  • Prioritise specific, top-performing segments

Contact us

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