Healthcare Practice Solutions

What Healthcare Practice Solutions does

Healthcare Practice Solutions (HPS) is a privately held LLC healthcare consulting firm founded in 2008 by Chris Darling and headquartered in the Ashland, Virginia area. The company provides professional services to medical practices across three branded operating divisions—Primary Care Practice Solutions, Specialty Care Practice Solutions, and Geriatric Practice Solutions (the last operating as a sub-brand with its own dedicated website). HPS targets the operational and strategic needs of independent and small-to-mid-market medical practices navigating structural market shifts, particularly the transition to Value Based Payment (VBP) models and closer coordination with health systems and payors.

The firm's service catalog spans eight practice areas: Practice Management Consulting, Revenue Cycle Management (RCM) Support, Compliance & Risk Management, Financial Advisory & Benchmarking, Practice Transitions & Mergers, Physician & Provider Recruitment, Technology & EHR Optimization, and Marketing & Patient Growth. Service delivery is human-led, using the Plan, Do, Study, Act (PDSA) improvement methodology and a "360-degree business and operations perspective." HPS does not disclose proprietary technology platforms, AI/ML capabilities, or software products; technology offerings are limited to advising clients on third-party EHR selection, implementation, IT infrastructure, and cybersecurity.

HPS operates a professional services revenue model with no publicly disclosed pricing; engagements are quote-based and tailored to client scope. Initial consultations are provided free of charge in-person or via encrypted video to qualify prospects. The firm is bootstrapped with no external funding rounds, M&A activity, institutional investors, or parent company affiliations. Marketing channels are minimal, and the company website is hosted on Weebly, consistent with a small-scale, founder-led consulting operation. No customer logos, revenue figures, or growth metrics are publicly disclosed.

Name

Healthcare Practice Solutions

Legal name

Healthcare Practice Solutions, LLC

Website

https://hpslink.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Healthcare Practice Solutions is a Virginia-based healthcare consulting firm founded in 2008 that provides operational, financial, compliance, and strategic advisory services to primary care, specialty, and geriatric medical practices navigating Value Based Payment and value-based care transitions.

Ownership category

akta.pro rank

Headquarters

HQ city

Ashland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Consulting Services: Professional services revenue model providing practice management consulting, revenue cycle management support, compliance and risk management, financial advisory, practice transitions and mergers, physician recruitment, technology and EHR optimization, and marketing services to medical practices. Services are delivered through consultative engagements with initial free consultations provided to qualify and onboard clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Core offering

Healthcare Practice Solutions provides professional consulting services to primary care, specialty care, and geriatric medical practices, helping them build operational infrastructure and adapt to market changes such as Value Based Payment models. Service offerings span practice management, revenue cycle management, compliance and risk management, financial advisory, practice transitions and mergers, physician recruitment, EHR and technology optimization, and marketing/patient growth, delivered through direct consultative engagements.

Product overview

Healthcare Practice Solutions (HPS) is a healthcare consulting company that operates as a platform with multiple service divisions rather than a unified software product. The company is organized into three operating divisions: Primary Care Practice Solutions, Specialty Care Practice Solutions, and Geriatric Practice Solutions, each serving different segments of the medical practice ecosystem. These divisions are supported by a portfolio of consulting service offerings including Practice Management Consulting, Revenue Cycle Management Support, Compliance & Risk Management, Financial Advisory & Benchmarking, Practice Transitions & Mergers, Physician & Provider Recruitment, Technology & EHR Optimization, and Marketing & Patient Growth. Founded in 2008, HPS focuses on helping medical practices build the operational infrastructure needed to succeed amid market changes including Value Based Payment models.

Differentiator

Problem solved

Functional benefit

Brands

• Primary Care Practice Solutions: Operating division focused on primary care medical practice operations
• Specialty Care Practice Solutions
• Geriatric Practice Solutions

Products and services

• Primary Care Practice Solutions Operating division of HPS focused on serving primary care medical practices with operational infrastructure support and market expertise to navigate Value Based Payment and other healthcare market changes.
• Specialty Care Practice Solutions Operating division of HPS dedicated to specialty medical practices, providing operational infrastructure and market expertise for specialty-specific market adaptation and payer relationships.
• Geriatric Practice Solutions Operating division of HPS serving geriatric medical practices with specialized operational consulting, market strategies, and Value Based Payment implementation support for complex and chronic care populations.
• Practice Management Consulting Consulting service for medical practices including operational assessments and workflow optimization, strategic planning and growth strategies, and financial performance analysis.
• Revenue Cycle Management (RCM) Support Consulting service for medical practices encompassing billing and coding optimization, claims management and denial reduction, and accounts receivable analysis to improve practice revenue.
• Compliance & Risk Management Consulting service for medical practices providing HIPAA and regulatory compliance audits, fraud and abuse prevention strategies, and policy and procedure development.
• Financial Advisory & Benchmarking Consulting service for medical practices including profit and loss analysis, cost containment strategies, and industry benchmarking to improve financial performance.
• Practice Transitions & Mergers Consulting service for medical practices covering valuation and due diligence, buy/sell agreements and negotiations, and acquisition and integration planning for practice transitions.
• Physician & Provider Recruitment Consulting service for medical practices providing candidate sourcing and credentialing, compensation structure development, and retention strategies for staffing needs.
• Technology & EHR Optimization Consulting service for medical practices offering electronic health record (EHR) selection and implementation, IT infrastructure and cybersecurity support, and telemedicine strategy development.
• Marketing & Patient Growth Consulting service for medical practices including brand development and reputation management, digital marketing and social media strategy, and referral network optimization.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves2 records

Expansion highlights4 records

Broad incumbents

• The Chartis Group: The Chartis Group is a large U.S. healthcare management consulting firm advising providers (including physician practices and health systems) on strategy, operations, and clinical transformation including value-based care. It competes with HPS for the same physician-practice operational engagements but at significantly larger scale and broader scope.
• ECG Management Consultants: ECG is a healthcare-focused consulting firm that advises physician practices, hospitals, and healthcare organizations on operations, strategy, finance, and technology. It directly parallels HPS's focus on practice operational consulting, just at a much larger scale and geographic reach.
• BDO USA (Healthcare Practice): BDO's healthcare practice provides consulting and advisory services to physician practices, including operations, compliance, and M&A. As a major accounting/consulting firm, it competes with HPS for medical-practice clients seeking operational, financial, and compliance advisory.
• Huron Consulting Group: Huron is a publicly traded professional services firm with a dedicated healthcare practice that helps hospitals, physician practices, and payers with performance improvement, revenue cycle, and clinical transformation. It is a broad incumbent competitor to HPS's practice management, RCM, and VBP enablement services.
• Moss Adams (Healthcare Consulting): Moss Adams provides healthcare consulting and accounting services to medical groups and physician practices, covering operations, revenue cycle, and compliance. It is a broad incumbent peer in the same advisory space HPS targets.

Direct peers

• Coker Group: Coker Group is a healthcare advisory firm that provides practice management, M&A, valuation, physician recruitment, and RCM services to medical practices — nearly identical to HPS's full service menu. It is one of the closest mid-sized direct competitors in the physician practice consulting space.
• Health Management Associates: Health Management Associates is a healthcare consulting firm serving public and private healthcare clients with policy, operational, and financial advisory. It is a comparable mid-sized consulting peer focused on healthcare practice transformation, including VBP.
• PracticeTek / Medical Practice Management Consultants: PracticeTek-style independent medical practice consultants deliver RCM, EHR optimization, and operational services to small and mid-size physician practices — functionally identical to HPS's primary care and specialty care service lines.

Others

• Medical Group Management Association (MGMA): MGMA is the industry association for medical practice leaders, providing benchmarking data, education, and consulting-adjacent resources that HPS's clients use. It is a peer-adjacent ecosystem player whose benchmarking and advisory resources overlap with HPS's Financial Advisory & Benchmarking offering.
• Stratasan / Syntellis (now part of Stratasan): Syntellis/Stratasan provides healthcare market intelligence and operational benchmarking analytics that physician practices and their consultants use, including for VBP planning. It is an enabling technology peer adjacent to HPS's benchmarking and strategic planning services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/healthcare-practice-solutions-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Healthcare Practice Solutions