Chattanooga welcomes a new company dedicated to assisting independent physicians in Middle and East Tennessee and North Georgia. Practice Management & Resources, LLC is a full service practice management and consulting service backed by CRS Health a $20 million company based in Nashville, Tennessee. This team can facilitate a physician who wants to leave a big group or hospital employment to walk into a turn-key practice of his or her own. PM&R and CRS Health can locate and finish or build facilities, provide financing for equipment and working capital, find employees and a benefit package, contract and credential with insurance companies, provide information technology including the physician’s selection of electronic medical records and all the services necessary to operate the practice. Most importantly, the physician stays in control of the decision making and is positioned to practice medicine the way they want to practice.
PM&R has about 60 employees in Chattanooga of which the central office staff of 14 has over 300 years’ experience in managing the healthcare enterprise. CRS Health brings 40 years of real estate development, construction, finance and capital to the equation.
“While the trend has been for hospitals to acquire physician practices. We believe it is more efficient and better patient care when medical services are rendered in an independent physician practice or small physician group,” says Kenneth M. Powers, CEO of CRS Health. PM&R Executive Director, William H. Taylor, CPA, MBA, adds, “In our client practices a real person answers the phone and they can generally take care of the call right then. There is no phone tree to get lost in and generally no need to leave a voice mail. The providers are more accessible and can focus on the patient instead of the management.”
With generally easier access and parking, shorter wait times for appointments, and more responsive staff, the patient’s care and their experience is better than the corporate structure of most hospital systems.