Business Audit

Tucker Consulting provides a comprehensive and detailed business audit that give practice owners and management a clear understanding of their practices strengths, weaknesses, and future business opportunities. Our business audits allow practices to plan the best use of staff, services, financial management and the practices physical assets.

Our business audit covers all aspects of practice management and ownership.

Staff Management
All aspects of the employment relationship and staff management within the practice are examined to give an accurate analysis of how the practice is managing its employment responsibilities, including the employment relationship (contracts and job descriptions), communication lines, and future staff development opportunities.

Financial Performance and Management
Having good financial management and systems in place is essential to ensuring that your practice is performing to peak efficiency. The business audit process gives a detailed analysis to the financial performance and potential of the practice, and includes evaluation of cash flow management (actual versus budgeted), maximisation of income streams, and overall financial performance and accountability.

Policies and Policy Documentation
In today’s business environment it is essential that a practice has up to date and comprehensive operational and emergency polices in place. The audit process reviews all existing policy documents to report on the relevance of policies documents to the current and future needs of the practice, and the existence of specific policy documents, such as pandemic, emergency planning, health and safety.

Future Business Planning
Planning for the future growth of a practice is vital to ensuring that it is prepared for the changing business and healthcare environment that we all now work within. The audit process identifies opportunities for future growth and expansion of the practice through staff and service delivery.

Practice Management and Governance
The audit places considerable importance on the management and governance of the practice, and includes analysis of the relationship and interaction between management, governance and staff, and the best strategies for management and governance that meets the practices current needs, and foster an environment that encourages planning for the future.

Information Technology
A robust computer and information technology network is essential to the secure management of patient and business information. A business audit will ensure that your practice is fully informed on your network risks and opportunities for improvement, including current computer network and PMS capabilities, and identification of opportunities to improve infrastructure and network performance.