Medical Practice Oversight

Oversight for all Medical Practices

The definition of oversight is “watchful and responsible care.” When applied to your medical practice, oversight means paying attention to operational details and establishing checks and balances. Without proper (i.e., proactive) oversight, your medical practice could risk losing revenue, experiencing fraud, or falling into noncompliance.

As a healthcare-focused CPA and Certified Healthcare Business Consultant, I provide objective and proactive oversight for all types of medical practices.

Timing of medical practice oversight

Medical practice oversight is an ongoing process. Although there’s no such thing as a perfect medical practice, you should know if yours is in order at any given time. Depending on the size of your medical practice, oversight activities should take place monthly, quarterly, or, at a minimum, annually.


Activities involved in medical practice oversight

Medical practice oversight includes a thorough review of many aspects of your practice, including:

  • Financial performance (and comparison to industry benchmarks)
  • Provider production
  • Internal controls
  • Overhead costs
  • Employee overtime and related staffing patterns
  • Compliance with OSHAHIPAA, and other regulations


The consequences of poor medical practice oversight

Insufficient medical practice oversight could result in:

  • Loss of revenue
  • Increase in expenses without explanation
  • Recoup of reimbursements by third-party payers
  • Fraud investigation
  • Federal government or commercial payer compliance audit


Reed Tinsley medical practice oversight services

I work with my clients on an ongoing basis to proactively address potential operational and compliance issues. From finding $40K in lost revenue due to poor coding to uncovering costly embezzlement schemes, I’ve helped physician owners keep their practices in order and intact. My goal is to make sure you have dotted the I’s and crossed the T’s.

The medical practice oversight services I provide typically include regular reviews of a medical practice’s comparative profit and loss statements, practice management statistics and benchmarks, regulatory compliance, and office operations. I am available to respond to any question or concern raised by physician owners or practice employees.


Secure the proactive medical practice oversight you need

It’s easy to forgo proper oversight in the day-to-day hustle, but the consequences of doing so can be devastating. Don’t let this happen to your medical practice. To learn more about how I can help you fill this critical role, contact me today.

Medical Practice Oversight FAQs

Medical practice oversight must be performed by someone who is independent of your practice. That is, someone who is not associated or employed by your medical practice. This could be an outside advisor such Reed Tinsley or a healthcare consultant.

Medical practice oversight refers to the watchful and responsible care of a medical practice’s operations. It involves paying close attention to operational details and establishing checks and balances to ensure the practice is running efficiently, compliantly, and without any risks of fraud or revenue loss. 

Insufficient medical practice oversight can lead to various consequences, such as loss of revenue, unexplained increases in expenses, recoupment of reimbursements by third-party payers, fraud investigations, and compliance audits by federal or commercial payers. Proper oversight helps identify and address potential issues before they escalate. 

Does your Medical Practice Need Oversight?

To get started, contact me at 281-379-5988, submit a form online, or email me directly at