COVID-19 Update

We want to acknowledge the extraordinary circumstances of this moment given
the terrible impacts of COVID-19 on lives, health and people’s livelihoods.
During this challenging time, we are committed to assisting our current
and potential clients while keeping everyone safe. We continue to be available
by email, text or phone for consultations. Meetings can be scheduled utilizing
video conferencing.

NEW SERVICE OFFERING: Our health care team will review your goals, specific
requests and the approach that will assist you with the process of reopening and
increasing your practice’s patient volume.

Educational Services

Provide industry, regulatory and management training for owners and staff.

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Healthcare Litigation Services

Assist counsel with damage estimates, coding reviews, and shareholder contract issues.

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Operations Review
& Assistance

Analyze key work processes to increase efficiencies, internal controls, and cash flow.

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Revenue Cycle Management

Review billing, collections, and accounts receivable to uncover opportunities to increase cash flow.

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We have over 25 years of consulting experience for healthcare organizations.

SEE OUR SERVICES

We are educators in the healthcare market and regulatory and management training.

SEE Educational Services

ABOUT OUR CEO & FOUNDER

Michael J. McLafferty CPA, MBA, FACHE, FHFMA, FACMPE

MJM Advisory and Educational Services, LLC (MJM) was started to assist healthcare organizations with the financial, operational, administrative and compliance challenges in the market today.

Michael McLafferty is the CEO and Founder with over 25 years of experience in the healthcare field. Michael has serviced major healthcare systems, clinically integrated networks (CIN), Accountable Care Organizations (ACO), major physician organizations, ambulatory surgery centers, healthcare joint ventures and for-profit health care organizations. Michael has led projects focused on merger/acquisition, cash flow improvement, and regulatory compliance. Michael has also provided interim management services that include CEO, CFO and COO roles.

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WHAT WE OFFER

Revenue Cycle Management

  • Assessment of the Billings process
  • Assessment of Collections process
  • Assessment of Accounts Receivable process
  • Cash Flow improvement review
  • Coding and Documentation review
  • Managed Care Contract review
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Operations Review & Assistance

  • Process improvement of key workflows
  • Internal control review
  • Policy and procedure manual review
  • Practice management software review
  • Interim management
  • Recruiting
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Mergers & Acquisitions

  • Strategic planning
  • Business Plan development
  • Private Equity advisor
  • Negotiation advisor
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New Business Guidance

  • Joint venture assessments
  • New Group practice formation
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Healthcare Litigation Services

  • Assist counsel with shareholder agreement reviews
  • Assist counsel with the estimate of damages
  • Assist counsel with interim management and recruiting
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Regulatory Guidance

  • Billing Compliance programs
  • HIPAA privacy programs
  • HIPAA security programs
  • Compensation
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What Our Clients Say

All Reviews

News

Summary of Key Items for CMS 2022 IPPS Final Rule

CMS released its final Inpatient Prospective Payment System rule on August 2nd. The rule increases Medicare payment rates for acute...

Amazon Alexa Protected Health Information (PHI)

A recent legal article highlighted Amazon’s Alexa device. The article suggests that Alexa may listen and record patient’s Protected Health...

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