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Clients use our consulting services when they need expertise
or experience not normally a part of the organization; when they need
additional resources to complete a date sensitive initiative; or when
they need outside independent objectivity. Our consulting services
help clients assess issues and opportunities, plan new strategies and
programs, and implement solutions to improve market position, patient
service, operational cost effectiveness, the physician/staff work environment,
and physician income. Each consulting assignment is undertaken by a
team with the skills and experience to achieve the specific goals of
the project, and with an understanding of the issues from an "enterprise
perspective". As a Firm, our consulting teams are trained
to develop solutions which are "implementable", with the understanding
that the JHD Group is an implementer.
Our consulting services are driven
by the needs of the client, and in many ways, no two consulting assignments
are identical. Examples of our consulting services include:
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Diagnostic Assessments: Often
the starting point for many clients is a Diagnostic Assessment
where the major issues are identified, quantified, and then organized
into an improvement plan.
Our assessments are designed to be objective, data intensive, and
fast. We can provide a comprehensive review covering all the core
processes and supporting functions in a 5 – 30 day timeframe. This
diagnostic assessment will benchmark your operations against high
performance organizations, and will summarize the strengths and
weaknesses in terms of "performance gaps". With each performance
gap, we will identify the tangible impact that gap is having on
the operations, such as, reduced income, physician hassle, unsatisfactory
or compromised patient service, and how that gap can be closed.
Included in the assessment is a business case for change, and a "road
map" for
implementing the needed changes.
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Strategic and Market Planning: With strategic
planning, the goal is to step back, and as an organization, re-assess
"Where are we going and how are we going to get there?" Effective
strategic planning addresses questions such as "How should the
mission, goals and values be articulated given the current situation?";
"What market strategy should we pursue in order to continue to
grow market share, differentiate ourselves, and increase the "bond"
with our community physicians?"; "What service lines, facilities,
staff, infrastructure, and market outreach programs will be necessary
to support the growth?"; "How should the physician partnership
be developed in such a way to be supportive of the growth plan
and assure physician/leadership transitions?"; and "What are the
financial requirements and expected outcomes associated with the
strategy?"
Our strategic planning process follows a methodology based on extensive
use of market and current position data, broad physician stakeholder
involvement, a systematic review of the organization's current
strengths, weaknesses, opportunities, and threats (SWOTs), and
a "building block" approach to developing a specific strategy which
makes sense for the client's market situation. When the planning
is completed, there is broad agreement on organizational mission
and goals, the market facing strategies, the execution requirements,
and how to go about implementation including the role of new investments.
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Revenue Cycle Management: The goal of revenue
cycle management is to improve cash generation by redesigning the
processes and controls related to charge capture - coding - billing
– collection; integrating technology tools as a means to make the
process more seamless; and establishing "expected reimbursement"
controls to assure payor compliance.
Our approach is based on redesigning the process to more effectively
control revenue from when the patient appointment is first made
to when the last dollar is collected. This redesigned process is
reinforced with a performance "report card" which increases the
visibility of results, and a more aggressive approach to "payor
management" toward assuring payor contract compliance, responding
to denials, and touching each account sufficiently to keep it from
aging beyond its value. We usually see a 4%-14% improvement in
income from monies which have been "lost in the system" once
the Revenue Cycle has been improved.
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Practice Turnaround/Operational Improvement: Physician
practices are often "underperforming", and at times to a point
where they are seriously compromising physician income. Physician
reaction is usually to try and reduce overhead cost when the solution
is really in revenue development and control, streaming workflow,
increasing the use of technologies, and more closely measuring
results.
We work with physician organizations facing either a "burning platform"
situation, and/or a serious decline in physician income toward
not only improving income, but also improving the patient experience
and reducing physician hassle. We provide an end-to-end process
review from the patient and physician perspective, eliminating
inefficiencies, improving controls and shortening cycle times.
This involves eliminating non-value added activities and bottlenecks,
increasing accountability and setting aggressive and measurable
goals. In addition, managed care contracts are renegotiated to
be "clinically relevant" and competitive, fee schedules are revised,
and the billing and collections function is upgraded. Using these
methodologies, we have been able to achieve dramatic turnarounds
in months.
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Practice Mergers/Acquisitions: As with any
business – size matters. Larger physician organizations have
the advantages of being more effective in negotiating with payors
and hospitals, more able to secure the capital necessary to invest
in technologies and ancillary services, and better positioned
to find solutions to issues such as malpractice coverage.
The JHD Group is experienced in physician organization development
having worked with IPA’s, "tightly owned" physician organizations,
and "confederated" (single tax ID – loose affiliation) physician
models. We can assist in the development of the "value proposition"
necessary to make merger discussions real, and serve as a facilitator
to the process. We also have experience in physician group consolidation
where numerous small physician groups come together to create a
large group. In this context we can help with the anti-trust challenges,
developing a governance process, selecting leadership, and post-merger
integration.
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Hospital – Physician Development: Hospitals
and hospital systems are increasingly looking to develop owned
or closely affiliated physician capabilities as a means to respond
to the movement towards ambulatory care and consumerism, and to
secure market position. In this regard, the challenge is how to
not repeat the mistakes of the early 1990s and yet have an operationally
cohesive model and an economically effective delivery system.
We can assist by helping develop a strategy for a "fabric" of physician
relationships which draws on facility joint ventures, hospital-affiliated
or owned group practices, Stark Harbor based EMR funding/Implementation
initiatives, "incubating" physician practices, MSO support services,
and the like. With a strategy in place, we can support or lead
in the implementation of all, or parts of, the plan.
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Market Development: The historic approach to
market development by most physician and ambulatory organizations
is more "build it and they will come" rather than systematically
developing market recognition, rigorously supporting referral networks,
and creating and maintaining favorable payer relationships. As
the market becomes more consolidated and sophisticated, at best
this approach loses opportunities, and at worse it is dangerous
to sustaining market share.
The JHD Group helps it clients improve market position through development of
"branding strategies" (i.e. full service – ease of access, cost effective care,
specialty excellence, etc.), referral management programs, payor – employer negotiating
positions, and patient access and satisfaction improvement programs. A solid
market development improvement program helps proactively secure market position
and over time will bring down the cost of effective patient access. |
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Meet the Practice Leader - David Steinman |