Administrative & Consulting Services

Administrative Overview

Sia offers “turn-key” administrative infusion management services which provide prescribing physicians and their staff with a suite of services that create additional revenue opportunities without placing the related strains on the practice resulting from very nuanced and “labor intensive” back-office functions.

Key service offerings include:

Turnkey Infusion Management Services

Medication Acquisition
Infusion Suite Set-up
Inventory Management
Payer Contract Negotiations
Patient Scheduling
Appointment Reminders
Co-pay Collection
Patient Order Forms

Prior Authorization (“PA”)

Comprehensive PA Support
Co-pay Enrollment
Patient Assistance Network Services
Claims Appeal

Staffing of Experienced Infusion Nurses

Deep Experience and IV Skills and Proficiencies
Continuity of Care
Engaging, Reliable, Caring

Accurate and Timely Medical Billing

Review Clinical Documents
Flag Follow-up Items, if Needed
Complete Coding Based on Supporting Documentation
Review and Resolve Pre-claim Submission Holds
Review and Resolve Denials

Consulting Overview

Sia offers “turn-key” consulting services related to pharmacy set-up, infrastructure, accounting, audit, and compliance related needs as well as strategic financial guidance for sellers and buyers of pharmacies that includes transaction structuring, data room management, due diligence, and effective transition planning post sale.

Key service offerings include:

Pharmacy Set-Up (Infrastructure)

Multi-state Board Pharmacy Licensure
Pharmacy Design
Inspection Preparations
Insurance Contract Onboarding
Investment Structuring Analysis: Acquisition vs. Organic
Headcount and Cost Benefit Analysis
Gross Margin Optimization

Regulatory Compliance

Quality Assurance Program Management
Best Practices - Policies and Procedures
Onsite Pharmacy Personnel Training

Accreditation Assistance

URAC
ACHC
JACHO
AHCA

Operations Management

Pharmacy Systems Knowledge
Inventory Reconciliation Services
Management and Administrative Services
Distribution Oversight
PBM Drug Formulary

Distressed Pharmacy Management

Rapid Diagnostics and Strategic Turnaround Plans
Performance Obstacles Converted into Sustainable Growth Opportunities
Creative Solutions to Improve Revenue Streams
Best in Class Operational Execution to Accelerate Growth

Financial Management

Cash Flow and Working Capital Management
Financial Planning and Analysis
Treasury Functions
Financial Reporting
Risk Management Assessments

Business Transition Services

Define Owner's Goals and Objectives
Determine Range of Valuations
Optimize Value Prior to Sale
Gather and Present Financial Information
Compile Due Diligence Information
Identify and Target Buyers
Negotiate and Structure Deal Terms
Transition the Business

So, if you’re a physician providing or interested in providing medical infusions to your patients, seeking to service and capture the embedded business opportunity associated with your patients’ ongoing pharmaceutical needs, an existing pharmacy seeking to operate more efficiently, or a pharmacist looking to sell or buy a pharmacy; then contact Sia today for a free business consultation.