Description
Hospital-based and Private Practice Management and Administration
Academic medical and private practice models operate differently, however, good access, efficient throughput, high quality care experience, and provider and staff satisfaction are all predicates for a healthy practice.
Cash-flow, Revenue Cycle, and full P&L Analysis
Your operational cycle must be tight to maintain your margin and optimize your cash flow. Ensuring optimal reimbursement for the work you are doing while maintaining an appropriate cost-structure calculated for your needs must be a priority.
Population Health Management and Value-Based Agreements
While you may have feet in both the fee-for-service and value-based contracting worlds, understanding the population health landscape and the requisite infrastructure needed to thrive are essential elements as payment models continue to evolve.
Service Line Development and Optimization
Pro-forma and planning are necessary steps to launch and sustain service expansion. KPI development and access to actionable data allow for optimization.
Market Assessment and Analysis
Identifying market needs/demands requires a watchful eye and staying in-tune with market forces in the rapidly changing, tech-enabled healthcare industry.
Budgeting and Financial Oversight
Diligence in a structured and realistic process to manage income/cash-flows identifies opportunities for growth, and results in an effective budget and financial planning process for your business.
Healthcare Facility Management
Different specialties and care sites have different requirements, yet your patients expect seamless service provided in a safe, comfortable, and welcoming environment; and your employees want to be proud of where they work.
Description
Hospital-based Practice Management and Administration
Population Health Management and Value-Based Agreements
Service Line Development and Optimization
Market Assessment and Analysis
Budgeting and Financial Oversight
Cash-flow, Revenue Cycle, and full P&L Analysis
Healthcare Facility Management
Example Scenarios
Practice or hospital ambulatory location is underperforming relative to budget and volume targets and client requests an under the hood look to identify causes/issues, with recommendations to address (including management KPIs).
Client seeks to develop or expand a service line that requires CAPEX and requests a market analysis and business plan to make decision.
Client utilizing aging facility and is concerned about regulatory risks, requests assessment of current state and plan to meet regulatory standards.
Use cases
Practice or hospital ambulatory location is underperforming relative to budget and volume targets and client requests an under the hood look to identify causes/issues, with recommendations to address (including management KPIs).
Client seeks to develop or expand a service line that requires CAPEX and requests a market analysis and business plan to make decision.
Client utilizing aging facility and is concerned about regulatory risks, requests assessment of current state and plan to meet regulatory standards.