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👨‍⚕️ The Hidden Costs of an Inefficient Medical Practice

April 25, 2025 by Missy

Running a medical practice involves more than just treating patients. From administrative workflows to billing systems, the operational side of your practice plays a major role in your bottom line. But what happens when those systems are inefficient? The answer: your practice quietly bleeds time, money, and patient trust.

In this blog, we’ll explore the hidden costs of an inefficient medical practice and provide actionable insights to improve your operations.


1. Revenue Leakage

Inefficiencies in medical billing and coding are among the biggest culprits when it comes to lost revenue. Small errors in documentation or delayed claims submission can lead to denied or underpaid claims. Over time, these add up to thousands of dollars in lost income.

Tip: Consider outsourcing your medical billing to experts who specialize in compliance, accurate coding, and timely submissions.


2. High Staff Turnover

An inefficient practice environment often leads to employee burnout. When workflows are disorganized, roles aren’t clearly defined, or systems are outdated, staff morale drops. This leads to high turnover, which means more time and money spent on recruiting and training.

Tip: Streamline workflows and implement technology solutions that simplify day-to-day tasks. Happy staff = better retention and performance.


3. Patient Dissatisfaction and Attrition

Long wait times, miscommunication, and disorganized appointment scheduling can drive patients away. In today’s healthcare environment, patients expect efficiency, clarity, and a seamless experience.

Tip: Implement automated scheduling and communication tools. Regularly ask for patient feedback and act on it.


4. Compliance Penalties

Staying compliant with regulations like HIPAA, CMS rules, and payer guidelines requires structured processes. Inefficient practices are more prone to violations, which can result in hefty fines and reputational damage.

Tip: Conduct regular compliance audits and ensure your team is trained on the latest guidelines.


5. Missed Growth Opportunities

When you’re buried in chaos, it’s hard to focus on growth. Inefficient practices rarely have the bandwidth to explore expansion, introduce new services, or invest in marketing. This stunts long-term success.

Tip: Hire a practice management consultant to identify gaps and develop a sustainable growth strategy.


Final Thoughts

The true cost of inefficiency in a medical practice isn’t just financial. It affects your team, your patients, and your ability to grow. By identifying these hidden costs and taking proactive steps, you can build a thriving, patient-centered practice that operates smoothly and profitably.

Need help optimizing your practice? Let’s talk. We specialize in helping healthcare practices streamline operations, reduce waste, and grow sustainably.


Filed Under: Blog Tagged With: #healthcareconsulting, #healthcaremarketing, #medicalpractice, #medicalpracticemanagement

Does Your Medical Practice Need a Check-Up?

October 18, 2024 by Missy

Does Your Medical Practice Need a Check-Up?

Healthcare professionals understand the importance of regular check-ups for their patients. These routine assessments help catch potential issues early, allowing for timely interventions and better health outcomes. But when was the last time you gave your medical practice a thorough check-up?

The Importance of Regular Practice Check-Ups

Running a successful medical practice involves much more than providing excellent patient care. It requires a keen awareness of various operational aspects, from financial management to marketing. Regularly assessing these areas can help ensure that your practice is not only surviving but thriving.

How Well is Your Practice Performing?

It’s easy to fall into the trap of assuming everything is fine without concrete data to back it up. Do you have a clear understanding of your practice’s performance, or are you just guessing? Much like a patient needs their annual exam and blood work, your practice requires a comprehensive evaluation to ensure it’s in good health.

What Does a Practice Check-Up Involve?

At Cornerstone Healthcare Consulting and Management, we offer tailored check-up packages designed to provide a holistic view of your practice’s health. Here’s what we typically examine:

  • Expenses: Are you overspending in certain areas? We analyze your expenditure to find cost-saving opportunities.
  • Medical Billing: Efficient billing is crucial for maintaining cash flow. We review your processes to minimize errors and delays in payment.
  • Marketing: How effective are your current marketing strategies? We help identify ways to improve patient acquisition and retention.
  • Website: Your website is often the first impression potential patients have of your practice. We assess its functionality, design, and SEO performance.
  • Policies and Procedures: Well-crafted policies and procedures are vital for smooth operations. We ensure they align with industry best practices and compliance requirements.

Custom Packages to Suit Your Needs

Every practice is unique, so we offer a variety of packages to meet different needs. Whether you’re looking for a comprehensive assessment or a focused review of specific areas, we have options that can be tailored to your practice’s requirements.

Take Action Today

Don’t wait until issues arise to evaluate your practice’s health. Regular check-ups allow you to proactively identify areas for improvement and implement changes before they impact your bottom line.

Ready to ensure your practice is in peak condition? Schedule your practice check-up today and take the first step towards optimizing your operations for success.

Filed Under: Blog Tagged With: #healthcareconsulting, #healthcaremarketing, #medicalbilling, #medicalpractice, #medicalpracticemanagement

Prompting Breast Cancer Awareness Month in Your Medical Practice

October 2, 2024 by Missy

Prompting Breast Cancer Awareness Month in Your Medical Practice

October is Breast Cancer Awareness Month—a critical time for medical practices to show their commitment to fighting breast cancer and supporting patients. With one in eight women diagnosed during their lifetime, the role of healthcare providers in promoting awareness and early detection cannot be overstated.

Empowering Your Practice to Make a Difference

1. Educate Your Team

Start by ensuring your entire staff is well-informed about breast cancer, its risks, and the importance of early detection. Consider hosting workshops or inviting experts to share the latest research and developments in breast cancer treatment and prevention.

2. Patient-Centric Campaigns

Use the month to initiate campaigns that encourage patients to schedule mammograms and other preventative screenings. Consider offering educational pamphlets, organizing Q&A sessions, or setting up information booths within the practice.

3. Social Media Advocacy

Leverage your practice’s social media platforms to spread awareness. Share informative posts, patient testimonials, and tips on early detection. Use hashtags like #BreastCancerAwarenessMonth to join the global conversation and reach a wider audience.

4. Collaborate with Local Organizations

Build partnerships with local breast cancer organizations to co-host events or fundraising activities. This not only boosts community engagement but also underscores your practice’s role in the broader fight against breast cancer.

5. Decorate and Engage

Transform your practice into a beacon of awareness by decorating the premises with pink ribbons, balloons, and informative posters. This visual reminder can prompt conversations and encourage patients to engage more deeply with the cause.

6. Offer Support Resources

Ensure your patients have access to support resources, whether through in-house counseling sessions or referrals to support groups for those affected by breast cancer. Providing emotional and psychological support can significantly aid patients and their families during challenging times.

7. Conduct Health Workshops

Host workshops that focus on lifestyle changes and risk factor management. Topics could include nutrition, exercise, stress reduction, and smoking cessation, all of which can contribute to lowering breast cancer risk and improving overall well-being.

8. Feedback and Improvement

Gather feedback from patients and staff on your awareness initiatives to identify areas of improvement. This can help refine your strategies and ensure your efforts are meeting the needs of your community effectively.

Taking these steps can enhance the impact of your practice’s involvement in Breast Cancer Awareness Month, creating a supportive environment that fosters education, early detection, and community engagement. Through concerted efforts, your practice can play a crucial role in reducing the burden of breast cancer and supporting those affected by it. Engage your team, motivate your patients, and let’s make October a month of impactful change.

Filed Under: Blog Tagged With: #healthcaremarketing, #medicalpracticemanagement

Effective Marketing Strategies for Medical Practices

August 23, 2024 by Missy

Effective Strategies for Medical Practices

In today’s competitive healthcare landscape, marketing is no longer a luxury—it’s a necessity. Whether you’re a solo practitioner or part of a larger healthcare organization, understanding and applying effective medical marketing strategies can significantly impact your practice’s success. This blog will explore key strategies to help you attract and retain patients while establishing a strong brand presence.

Why Marketing Matters

Marketing in the healthcare industry goes beyond just promoting your services. It’s about building relationships, educating your audience, and creating a trustworthy brand that resonates with potential patients. With the increasing number of healthcare choices available to patients today, effective marketing can be the differentiator that sets your practice apart.

Key Marketing Strategies

1. Optimize Your Online Presence

Your website is often the first impression potential patients have of your practice. Ensure it’s user-friendly, mobile-responsive, and provides valuable information about your services. Regularly update your blog with educational content to position your practice as a thought leader in the healthcare industry.

SEO Tip: Use relevant keywords throughout your website and blog posts to improve your search engine rankings and attract more organic traffic.

2. Leverage Social Media

Social media is a powerful tool for engaging with your community and sharing valuable health information. Platforms like Facebook, LinkedIn, and Instagram allow you to connect with patients, share success stories, and highlight new treatments or services.

Engagement Idea: Host live Q&A sessions where patients can ask questions and receive expert advice directly from you.

3. Implement Email Marketing

Email marketing is an effective way to stay connected with your patients and keep them informed about practice updates, health tips, and upcoming events. Personalize your emails to make them more engaging and relevant to your audience.

Pro Tip: Segment your email list based on patient demographics or health interests to deliver more targeted content.

4. Utilize Patient Reviews and Testimonials

Positive patient reviews can significantly influence prospective patients’ decisions. Encourage satisfied patients to share their experiences on platforms like Google, Yelp, and Healthgrades. Display these testimonials prominently on your website to build trust and credibility.

5. Invest in Local SEO

Local SEO ensures that your practice appears in local search results, making it easier for potential patients in your area to find you. Claim your Google My Business listing and keep it updated with accurate information about your services, hours, and location.

SEO Strategy: Include location-specific keywords in your content and metadata to enhance your visibility in local searches.

6. Develop Partnerships and Community Engagements

Collaborate with other healthcare providers, local businesses, or community organizations to expand your reach and network. Participate in health fairs, sponsor local events, or offer free health screenings to engage with your community and promote your practice.

Conclusion

Implementing these healthcare marketing strategies can help your medical practice attract more patients, enhance patient loyalty, and build a strong brand reputation. Remember, successful marketing requires consistency and a willingness to adapt to new trends and technologies. By staying informed and proactive, your healthcare practice can thrive in today’s dynamic market.

Ready to take your healthcare marketing to the next level? Start integrating these strategies today and watch your practice grow! Need help doing so? Contact us today!

Filed Under: Blog Tagged With: #digitalmarketing, #healthcaremarketing, #medicalmarketing

Medical Practice Marketing – Getting Started!

January 5, 2022 by Missy

As a physician, you are among the brightest individuals in the country! You have survived years of rigorous schooling and training, learning words most of us cannot even pronounce. But this new era of marketing has got you scratching your head in confusion. From social media to google reviews, and beyond, you don’t even know where to start. Good news! That’s where we come in!

As fellow healthcare professionals, we understand all that you are up against. In addition to providing marketing, we are working with physicians to help them sustain their medical practices; also, we are opening new medical practices, providing practice management support and more. Who better to be the voice for physicians than a company who is living in their world, slaying the same giants? Commonly, physicians will say things such as, “I don’t understand this social media stuff”; or “We never had to worry about marketing until now, we just worked really hard providing great care, and the patients followed”. That was the era prior to Google ads, social media, and private equity backed medical groups. Let’s talk about what that all means.

As a minimum, practices need a decent website, and a social media presence. That’s assuming you have a practice name and are not just using your legal name. It may sound silly to say that, but we had a client who never had a name beyond their legal name that used their last names. They sounded more like an accounting or law firm. Prior to retaining Cornerstone Healthcare Consulting, they retained a well-known, expensive marketing agency, with the intention of identifying a name and a brand. That consulting agency charged them $15,000 but never provided them a name they liked. So, the marketing agency made out quite nicely, and the practice walked away with $15,000 less in their bank and no name. When Cornerstone came on board, we ran a contest among the staff, allowing them to propose a name they thought the practice should adopt. Upon review of the staff suggestions, they ended up selecting one of them as the new practice name, without paying $15,000. From there, we were able to coordinate the design of a practice logo, website, social media, and more.

Most of the time, physicians recognize the need for a good website. They realize a website is the present-day version of the yellow pages. However, they don’t always grasp the importance of social media. Why is social media important? This is where potential patients are! When patients need a new physician, the first places they are likely going to are Google, and possibly Facebook. On Google they are checking out your reviews, and on Facebook, they are reviewing your photos to get a sense of who you are, what the environment is like, etc. Beyond that, content is king! While we are all looking for the quick easy fix to increase our website search engine optimization (SEO), it is often the same laundry list of tasks that need to be done to be successful in that endeavor, with one of the items on the list being content creation.

It’s not just potential patients who are reviewing your social media accounts, but also potential employees. Like potential patients, potential employees are checking out your Facebook pictures, attempting to gain a sense of what the environment is like, if the staff look friendly, etc. The social media pages can say a lot about the practice. One of the ways Cornerstone seeks to be different, is we shy away from boring “corporate-like” posts that have the look of desperation for just putting content out. We take pride in being personable, promoting the physicians and staff, and the amazing things they are doing. Also, because of our healthcare background, we actually have some knowledge for what we are promoting. This is especially useful when generating blogs, and how certain topics may create more patient questions than answers. Understanding the practice operations significantly helps as well. It allows us to consider how the marketing will impact the staff answering the phones, and other practice logistics. And let’s not forget about HIPAA! Yes, we are well informed of those laws, abiding by them regarding patient photos, information, etc. Working with a marketing agency that does not understand these laws can leave a practice vulnerable.

 We understand it is a big jump for most practices to agree to launch social media pages. The big question they often have is which pages are needed to get started. There are many ways to answer this question, such as based on specialty, target market, etc. First and foremost, a Google Business page is a necessity. If you want to keep it simple, a Facebook page is a great start. If your practice isn’t quite ready to spend the money on a marketing agency, there are lots of resources that are easy to use, and either very affordable, or even free. A few examples of these resources are as follows:

Canva – Allows you to create attractive content. There is both a free version, as well as a very affordable Pro version. There are already custom sized templates available per the size requirements of the social media platform you are posting on.

InShot and CapCut – Video editing apps for your phone that are very easy to navigate. CapCut even has a shortcut version that designs videos using the content you populate it with. Like Canva, they offer both a free version, as well as very affordable pro versions.

Hootsuite – Looking for efficiency, with the ability to post the same content across multiple platforms? Hootsuite is a great option. The free version allows you to add up to three of your social media platforms.

Later.com – When browsing Instagram, you may have seen the Link in Bio feature. To add this feature, you can do so for free on Later.com. Like Hootsuite, you can schedule and publish social media posts from this one location. Their free version offers up to 15 social media platforms.

MailChimp – In need of something to help you with email marketing? MailChimp provides a free version that allows you to have up to 2,000 contacts.  

Many of the above resources can integrate with other programs. MailChimp, for example, can integrate with Facebook, as well as Survey Monkey, who you may be using for your patient satisfaction surveys. If that all still sounds way too confusing, and you just want to outsource your marketing, give Cornerstone a call! We will work with you on a plan that complements your practice in all the best ways possible, including affordability.

Lastly, once medical practices make the decision to develop a marketing program, they tend to get a bit overzealous and want us to dive into everything immediately. While we love and respect your enthusiasm, you will hear us recite the need to first form a foundation for which we can build from. Marketing isn’t the only service we recite the need for a foundation. In fact, I think we recite that for all our service lines, because we think it’s that important. With respect to marketing, it must start with a website, then social media, so on and so forth. Google ads for example, can be very effective, but without an established website, you are limiting the effectiveness. In addition to Google ads, once the foundation is laid, we can work on patient satisfaction programs, physician referral programs, and more. Interested to learn more about how Cornerstone Healthcare Consulting can help you with your marketing needs? Click HERE to schedule a consult!

Medical Practice Marketing

Filed Under: Blog Tagged With: #digitalmarketing, #doctor, #healthcareconsulting, #healthcaremarketing, #marketing, #medicalmarketing, #medicalpractice, #medicalpracticemanagement, #socialmedia

Cornerstone and Azeros Introduce Health Plan Innovation

November 23, 2021 by Missy

BUFFALO, NY, November 18, 2021- Cornerstone Healthcare Consulting and Azeros Health Plans intend to bring change to Western New York healthcare delivery and funding. “Our goal is not to do what is easy,” says Melissa (Missy) Starowitz, Owner of Cornerstone. “We will do what is necessary for the employer community that to date has been ill-served by the healthcare infrastructure.” 

Azeros designs health plans that provide quality care and lower costs to employers. Cornerstone provides consulting and marketing services to medical professionals and practices. Combining their collective backgrounds, the companies have teamed up to introduce the region to Direct Primary Care (DPC) supported by an Exclusive Provider Organization (EPO).

The EPO model provides physicians an independence from the “Mother – May I?” oversight of health insurers and the outdated fee-for-service medicine that complicates billing and payment.  Under the DPC model, new clinics offer employees experience greater access to primary care at a fixed monthly payment and zero co-pays for the care. When combined with an international specialty pharmacy program, employers save 20% off current costs.

Mrs. Starowitz formerly owned urgent care centers and developed tailored programs such as college student telemedicine and occupational health combined with on-site health centers.    

Azeros CEO Ron Zoeller was the founder and CEO of North American Health Plans in 1983, which administered self-funded plans for over 400 groups and 400,000 members, paying $2 billion in annual claims. Azeros partner Kevin Gannon, an employee benefits broker over 35 years, was the founder/President of Niagara Benefits Group and later led the growth of M & T Benefits Agency.

While building the Western New York EPO, the companies will introduce employers to Direct Primary Care vendors PeopleOne Health and Everside Health. The DPC converts an existing medical facility or builds a new clinic at their expense.

The EPO is not exclusive to primary care providers or those operating with a DPC model. The EPO network extends a much-needed opportunity to all physician specialty types by offering them independence, visit capacity and cost control. Cornerstone and Azeros are excited to share this model with the physicians and employers of Western New York.

About Cornerstone Healthcare Consulting and Management

Cornerstone Healthcare Consulting is a physician-centric company with the experience, expertise, and resources to assist physicians in many aspects of their professional lives. They offer an array of services for individual physicians or entire practices including marketing and branding needs, sustainable organizational change, and opening new practices. For more information visit their website at cornerstonehealthcareconsulting.com

About Azeros Health Plans, LLC

Azeros Health Plans is the only Managing General Administrator in the self-funded insured health plan industry. They provide employers with transparency and plans that significantly reduce their costs, as well as offer an international pharmacy benefits program to help employers save on prescription drug costs. For more information visit their website at azeros1.com

Contact

Cornerstone: Melissa (Missy) Starowitz, mstarowitz@cm-hi.com, 585.409.7624

Azeros: Kevin Gannon, k.gannon@azeros1.com, 716.913.4789

Cornerstone and Azeros Introduce Health Plan Innovation

Filed Under: News Tagged With: #directprimarycare, #doctor, #employeebenefits, #employer, #healthcareconsulting, #healthcaremarketing, #healthinsurance, #selffunded

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