Support Services

VEI’s support of new ventures doesn’t end once the center has opened. VEI’s comprehensive management support services extend to every area of running a successful business, helping ensure maximum financial return.

Clinical Management

• Oversight of preoperative, postoperative, surgical suite, and operations
• Management and maintenance of policies and procedures
• Credentialing, guidelines, and documentation for medical staff
• Establishment of efficient and effective operational practices and corresponding benchmarks

Human Resources

• Development and maintenance of job descriptions and task lists
• Recruitment, hiring and training of center staff
• Payroll administration for center employees
• Benefits administration
• Compliance with employment law
• Employee relations
• Maintenance of employee records

Accounting

• Establish operational budget
• Provide general ledger, accounts payable and other accounting functions
• Prepare financial reports such as income statements, balance sheets, etc.
• Provide all payroll reporting, accounts receivable reporting, etc.
• Oversee capital purchases and inventory management
• Procedural cost and other analysis
• Prepare all tax filings
• Provide for annual independent review of financial statements and condition
• Maintain and monitor all bank accounts and provide short-term cash management
• Manage owner profits distributions

Regulatory and Compliance

• State licensure of the facility
• Medicare certification of the facility
• Compliance with JCAHO and AAAHC accreditation standards
• Assessment survey
• Compliance with state and federal regulations

Business Office

• Admission and scheduling protocols
• Negotiate professional service and purchased service contracts
• Manage block scheduling and case transition from hospital
• Prepare vendor credit applications
• Oversee business functions

Billing and Coding

• Establish an admission process and billing/collection policies
• Establish facilities fees and charge master
• Negotiate contracts and implement fee schedules
• Submit claims and general statements
• Provide the collection process
• Billing and collection benchmarking

Legal

• Maintain Board of Director minutes, bylaws, company records, filings, etc.
• Update company on legal and regulatory mandates and legislative changes

Information Systems

• Scheduling and patient registration
• Electronic claims submission
• Patient ledgers and statements
• General ledger
• Accounts payable
• Inventory

Marketing

• Advertise pre-launch, groundbreaking, grand opening
• Produce promotional materials such as brochures, medical staff directories, etc.

Materials Management

• Oversee inventory management system set-up and implementation
• Periodic review and sourcing of medical equipment