If you are looking to make your presence felt as a healthcare franchise, you should set your priorities in the right order with quality services and products that address the challenge areas of the providers.
Specialty practices today are in constant search for vendors that will introduce stand alone products improving their business efficiency and care management solutions.
Also, it should be your prerogative to make them understand how you will help them eliminate areas of discomfort with effective streamlining of services.
If you are telemedicine franchise, you should be dealing with products that are customizable reducing the physical proximity between the physicians and the patients.
Recording the vitals of the patients, tracking the threshold value and sharing the same with the support staff in nursing and the doctors is the key!
You should set the benchmark with quality patient monitoring devices providing the right diagnosis and sharing of information across multiple platforms with smart automation in technology.
As a franchise dealing with medical billing, you have to be a forerunner! End to end management of revenue cycle is the requirement and as a consulting partner, you should be able to devise plans on how you will be reducing the AR days of a provider with 100% HIPAA compliance.
Adherence to correct standards of medical coding in compliance to ICD-10 standards is also a mandate that must be followed.
You should be a vendor that boasts of a competent pool of medical coders and billers and also offer flexible engagement models that will encourage providers to enter into a promising partnership reducing their in house billing costs.
At the end, it can be safely concluded that innovation in products and services, attention to immediate requirements of the prospects and clients, complete marketing and pre-sales support to the franchisees will help you run the show in the healthcare franchise world in best proportions!