Contract Management Solutions
Our primary goal as the contract manager for our partner facilities is to oversee the board approved budget, review and re-engineer systems, carry out vision and strategic plan of the hospital board, maximize cash flow and reimbursement, implement new revenue producing services, long-term and short-term strategic planning, capital development and reinvestment programs, bring fresh public relations programs, ensure strong patient satisfaction and that employee pride surveys are in place, bring new public image and marketing campaigns, and assist with hospital physician recruiting.
Although many contract management companies seem to place a great deal of effort into retaining and renewing long-term management contracts, our company welcomes short-term as well as long-term hospital management contracts. We believe that consulting and management contracts should be utilized as a means to help the hospital achieve its goals and ensure long-term viability.
We understand the unique challenges that your hospital and staff face every day. That’s why we thoughtfully designed the services listed below to be customized to meet the distinctive needs of your facility. At the board’s direction we can provide any mixture or level of the following services:
- Provide direct oversight of the hospital executive leadership
- Board and medical staff by-laws audit, development, and recommendation
- Board policy and procedure manual audit, development, and recommendation
- Departmental policy and procedure manual audit and development
- Provide strategic planning coordination
- Assist the CEO and CFO in monthly preparation of board reports
- Make recommendations to the board regarding equipment acquisition and finances
- Study and report on trends in hospital services
- Deliver board related training
- Assist with physician relationship and goals development
- Assist organization in growing existing services and planning for new services
- Work with CEO to coordinate space allocation efforts for visiting specialty clinics
- Review and make recommendations regarding hospital mission, vision, and values
- Ensure continuity of executive leadership at the hospital
- Chargemaster audit, analysis, and restructure
- Human resources department analysis and mentoring
- Assist in negotiating purchasing agreements, 3rd party payer agreements, and insurances (both professional and benefits related insurances)
- Business office review and recommendations
- Compare hospital financial data to industry benchmarks
- Provide Sarbanes-Oxley and GAAP audits
- Assist in efforts to secure financing of all types for hospital projects (bonds, lease lines)
- Analyze and assist in the development of the annual budget