Back Philosophy Experience Experience with Other Services Since incorporation, Preferred has developed and provided services in other related health care areas, including: • Critical Access Hospital Designation • Home Health Care Services • Therapy services • Physician Clinics • Rural Health Clinics • Nursing Homes • DRG Management Services • Management of individual and group physician practices • Physician recruitment for managed hospitals • Data processing and networking support services • Adult day care and assisted living services • Contract management and consulting services for chemical dependency and psychiatric units for adolescent, adult and geriatric patients • Radiology film sales purchasing agreements • Consulting for health care facilities not managed by Preferred Experience Of Hospital Management Preferred Management Corporation operates its hospital management agreements through the services of an on-site administrator and, in some cases, a Chief Financial Officer (CFO). Additional management support is dictated by the day-to-day needs and the strategic plan of the facility. Major areas of management support are listed below: • Administration and personnel • Financial management • Accounting and reimbursement • Medical records/quality assurance • DRG management • Data processing/networking support • Cost report preparation • Physician relations and practice support • Licensure and accreditation • Departmental education • Communications/community relations • Strategic business and long range planning • Employee benefits administration In addition to the hospital management contracts, the partners of Preferred have experience in the management of physician clinics, home health agencies, rehabilitative therapy center, skilled nursing facilities, intermediate care facilities, and assisted living facilities.
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