right arrow icon CRL Home right arrow icon Contact Us   right arrow icon Careers
 

About Us

 

Our Process

   Success Stories

Publications

 

 

Partners

 

HealthCare

Highly successful and profitable practice suffered substantial losses after over expansion, bad business decisions, and outside changing economic factors. The board engaged a CRL team as interim COO and CFO to lead the medical practice back to prominence.

Process

  • Bring about stability and direction
  • Empower staff to take corrective action
  • Analyze technology / MIS
  • Analyze medical procedures
  • Analyze billing processes
  • Create interactive planning model to provide a financial road map for the turnaround

Execution

  • Revamped billing procedure / pricing
  • Accelerated collections of accounts receivable
  • Provided on time financial information
  • Provided stability and direction
  • Identified critical processes to be revamped
  • Identified capacity issues
  • Empowered management

Results

  • Returned the practice to profitability
  • Increased average revenue per procedure
  • Reduced cost and streamlined management
  • Increased cash flow and working capital
  • Stabilized banking relationship
 

 

 
All rights reserved and © Capital Restorations, LLC.