Spectrum Health Partners (SHP) routinely works improving operational and competitive competencies within healthcare organizations. The comprehensive alternative which SHP offers in this regard is its Financial and Operational Assessments for Performance Improvement Practice Group.

Working from an initial compilation and evaluation of Financial, Clinical, and Organizational characteristics, a Financial and Operational Assessments for Performance Improvement engagement provides a comprehensive platform of organizational initiatives developed to improve Net Revenue and Operating Expense characteristics in an organized and clearly defined fashion.

Implementation of identified initiatives occurs collaboratively, emphasizing management participation, and is constantly mindful of organizational mission and priorities.  Leveraging administrative and physician direction through steering committees and task forces, the Financial and Operational Assessments for Performance Improvement model focuses on accomplishment of a patient care delivery model redesign capable of maintaining and growing market share as it responses to the economic and reform related pressures of our ever changing environment.

SHP’s access to levels of experience and competitive information allows us to add significant value through the development of customized operating metrics and benchmarking analyses.  While most healthcare organizations struggle to operate against a changing backdrop of healthcare with reimbursement, technology, and other external forces in flux, SHP can help guide them toward greater efficiency.

• Strategic Assessment and Direction   
  Our firm can assess your organization’s current strategic position and outline steps to strategically reposition it to achieve greater potential, through a comprehensive evaluation of service delivery, quality focus, physician management, technology, and capital.
  
  
• Physician Alignment and Growth Initiatives    
  SHP has the necessary resources to evaluate and address physician development and kick off initiatives of an accretive nature to organizational profitability.  Our multi-disciplinary focus on managing clinical and financial imperatives is a critical element to achieve operational success in these areas.
  
  
• Net Revenue Performance Guidance    
  Many healthcare organizations are not able to allocate the time needed to appropriately review their policies and procedures, processes, charge description master, charge capture, technology utilization, and the overall billings/collections cycle.  SHP’s extensive review processes identify in detail those areas which can create net revenue improvements.
  
  
• Expense Efficiency and Improvement    
  Our expertise in reviewing and refining labor productivity while at the same time assessing the non-salary portion of operations, has routinely led our clients to improved performance. Please refer to our Case Studies and Testimonials for further information about how SHP can help your organization achieve stronger financial and operational strength.