Area of Expertise

Financial Advisory

Long Range Financial Planning

  • Development of long-range financial plans which set targets for balance sheet, income statement and liquidity/financial investments as well as capital spending (including assessment of affordability)
  • Financial scenario development with guardrails and guideposts in support of financial risk evaluation in support of health providers charting a successful financial course through market complexity

Physician Enterprise Performance Diagnostic

  • Conducting analysis to understand the key drivers of physician enterprise financial performance on both the direct practice as well as the health system financial performance
  • Performance diagnostic evaluates the key drivers of financial performance including areas such as changes in the scope, mix and sites of care; clinical and non-clinical staff productivity; revenue cycle; management and support services; and strategic initiatives

Financial Improvement Diagnostic

  • Benchmarking, operations analysis and business model analysis to identify the key drivers of financial performance and opportune areas for financial improvement
  • Development of strategies for sustainable financial performance improvement

Financial Analysis

  • Competitor actions, strategic and financial transactions, new technologies, contract re-negotiations, litigation and disputes and other similar events have significant financial implications for health providers
  • Evaluation of the financial implications of these events including lost profits and damages and the impact on the credit rating and the broader provider market and community

Turnarounds & Workouts

  • Development of turnaround plans for key stakeholders – the board, management, physicians, bondholders, bond trustees and insurers
  • Development of the strategic options and restructuring alternatives for distressed providers

Revenue Cycle Management

  • Analysis to identify cost management (i.e., labor cost), revenue yield (i.e., clinical documentation improvement) and patient experience improvement opportunities
  • Digital technologies to improve revenue yield, cost management and the patient experience
  • Evaluation of managed care contracts to identify opportunities to improve revenue

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