Healthcare Consulting Services
Healthcare consulting supports providers of all sizes, from independent practices to large health systems, addressing today’s complex financial, operational, and regulatory challenges.
LBMC delivers practical, results-driven strategies to help you navigate reimbursement pressures, optimize clinical and administrative workflows, and stay ahead of shifting compliance demands. You’ll experience enhanced patient care, improved financial performance, and increased efficiency throughout your organization.
Healthcare Consulting Services in Practice
Healthcare organizations are experiencing increasing pressure due to shrinking margins, complex reimbursement models, evolving regulations, and the necessity to integrate care across providers. When you lack the right expertise, these challenges can chip away at profitability and affect the quality of care.
LBMC collaborates with healthcare leaders to tackle these challenges by providing hands-on support. This includes refining revenue cycle processes, aligning provider compensation models, and strengthening compliance programs. Our consultants collaborate with your team to enhance daily operations and set your organization up for long-term growth.
Why Businesses Choose Healthcare Consulting Services
Healthcare organizations, including hospitals, health systems, private clinics, and MSOs, engage consultants to assist with rising regulatory pressures, complex reimbursement processes, and operational challenges. This becomes particularly evident when they lack sufficient staff or fail to concentrate on the right priorities.
Common needs include:
- Integrating providers, practices, or service lines
- Navigating complex reimbursement models
- Strengthening corporate compliance
- Improving coding accuracy and audit readiness
- Aligning compensation and performance metrics
- Evaluating market opportunities and risks
- Reducing overhead and optimizing operations
Request Healthcare Consulting Services
Strengthen compliance, improve patient outcomes, and enhance financial stability with LBMC’s trusted healthcare consulting expertise.
LBMC's Healthcare Consulting Services
LBMC offers a comprehensive suite of healthcare consulting services designed to help providers meet today’s operational, financial, and regulatory demands. From strategic planning to compliance support, our team works across the care continuum to deliver solutions that improve outcomes and position your organization for sustainable success.
Our Healthcare Consulting Services include:
- Coding & Compliance – Ensure accuracy and audit readiness through expert coding support and compliance program development.
- Healthcare Valuation and Consulting Services – Valuations for physician compensation, service arrangements, and regulatory compliance.
- Hospital and Health System Advisory Services – Strategic guidance for system growth, provider alignment, and operational improvement.
- Managed Services Organization (MSO) – Structure and optimize MSOs for physician alignment and administrative efficiency.
- Physician Practice Management – Support for operational improvement, staffing, and practice performance benchmarking.
- Population Health Services – Programs and analytics that support value-based care and improve care coordination.
- Reimbursement Consulting – Navigate payer complexity and strengthen financial performance through improved charge capture and billing practices.
- Revenue Cycle Management – Enhance cash flow, reduce denials, and improve collection performance across the revenue cycle.
Strategic & Business Planning Services
LBMC helps healthcare organizations develop smart, data-driven strategies that ensure long-term success. When you respond to market shifts, plan for provider growth, or restructure operations, we identify opportunities and guide execution with a clear and practical approach.
Our team collaborates with leadership to assess current operations, evaluate your competitive position, and align your strategy with both financial and clinical goals. LBMC doesn’t just create plans; we actively assist in putting them into action.
- Strategic Plans
- Strategic Market Assessments
- Compensation Modeling
- Provider/Practice Assessments
- Managed Care Strategies
- Income Guarantee Arrangement Administration
- Provider Needs Assessments
LBMC’s professionals have the expertise and hands-on practical experience to provide successful business strategies and plans that can ultimately lead to client success.
Healthcare Consulting Solutions Tailored to Your Goals
From regulatory challenges to revenue cycle improvements, LBMC delivers practical strategies that align with your healthcare organization’s needs and future growth.
Types of Healthcare Organizations We Support
LBMC provides consulting solutions across the healthcare spectrum. We tailor our services to meet the distinct operational, financial, and regulatory needs of the following provider types:
- Hospitals and health systems
- Physician practices
- Ambulatory surgery centers (ASCs)
- Urgent care centers
- Home health and hospice providers
- Managed Services Organizations (MSOs)
- Private equity-backed healthcare platforms
- Specialty clinics and diagnostic centers
Local Expertise, Wherever You Are
With offices in Chattanooga, Memphis, Louisville, Nashville, Knoxville and Charlotte, plus remote offices, LBMC partners with businesses across the region and beyond.
Why Choose LBMC as Your Healthcare Consulting Firm?
LBMC is nationally recognized for its depth in healthcare consulting, consistently delivering results in operational, financial, and regulatory areas.
- Healthcare industry expertise from previous executives and clinical advisors
- Proven performance with hospitals, physician groups, and PE-backed healthcare platforms
- Valuation, compliance, and reimbursement integrated solutions
- Organization-specific actionable strategies
- Established client connections based on trust and impact
FAQs about Healthcare Consulting Services
What does a healthcare consulting firm do?
Healthcare consultants assess and solve business, operational, compliance, and financial challenges for provider organizations.
When should a healthcare organization consider hiring a healthcare consulting firm?
When facing strategic changes, compliance risks, declining financial performance, or major operational transitions.
How do healthcare consulting companies help with compliance?
Consultants assist with audit preparedness, policy development, risk assessments, and aligning operations with federal and state regulations.
Can a healthcare consulting company improve revenue cycle performance?
Yes, through workflow optimization, coding and billing reviews, and performance benchmarking, consultants can identify and correct revenue leakage.
How does LBMC tailor consulting to each organization’s goals?
By starting with discovery and aligning recommendations to your size, structure, specialty, and strategic priorities.
How do I get started with healthcare consulting services?
Request a consultation to speak with a member of LBMC’s healthcare team and define your organization’s top priorities.
