Hospital Management Services

The hospital industry is under immense pressure to significantly improve outcomes with fewer and fewer resources. As a result, the financial performance of hospitals, especially rural hospitals in the United States also has significantly worsened. The root cause is twofold: a mismatch between organizations’ strategies and actual market demand, and a lack of operational discipline.

 

To be financially sustainable, hospitals must revamp their strategies and insist that their investments in new payment models and physician employees generate solid returns. Hospitals must consistently monitor available operational data and utilize technology to optimize existing business operations, improve clinical outcomes and create a more patient focused hospital experience. Concurrently, hospitals must innovate existing business models in order to compete in the future where they will need to not only treat ill patients, but play an active and growing role in keeping them well.

Generally speaking, our approach to helping hospitals achieve financial sustainability includes performing Assessments and Recommendations in the following areas:

  • Financial/Operations

  • Billing

  • Ancillary Services

  • Human Resources

  • Clinical Laboratory 

  • Marketing Practices

  • Physical Plant