Comprehensive Performance Improvement
Wellspring+Stockamp’s Comprehensive Performance Improvement solution delivers revenue enhancement and cost reduction improvement opportunities across the healthcare enterprise. Our seamless integrated process creates exceptional results as we efficiently implement our core competencies of revenue, workforce, non-labor, patient flow, clinical, and physician simultaneously.
What Sets Us ApartOur fully integrated approach to performance improvement is unique to the industry. The core solutions we offer are enriched by extensive experience in the widest range of healthcare environments. Our project teams are comprised of senior level healthcare executives and a deep bench of functional specialists.
During Phase One, we rapidly assess a client’s performance and identify improvement opportunities in key areas that are critical to achieving and sustaining high levels of performance.
Phase Two includes simultaneous implementation of priority financial and operational improvements. Our methodology is client-led and driven by functional specialists that allow leadership and management to leverage their time efficiently so that day-to-day operations are not negatively impacted. Our collaborative approach integrates management and staff into the process to ensure sustainability and continued improvement.
The end result is a fully integrated performance solution that streamlines operations and finances, increases employee and patient satisfaction, improves clinical quality, increases revenue, and reduces cost.
Our Comprehensive Performance Solution draws on our following core competencies.RevenueOur industry-leading revenue solution redesigns the revenue cycle as a single, integrated process and establishes a high-performance work culture to ensure sustainability. This provides a high return on investment while improving patient and physician satisfaction.
WorkforceOur workforce solution delivers substantial cost improvements very rapidly. Our programmatic approach includes both Labor and Human Resource solutions, delivering a substantial return on investment while maintaining or improving quality, patient care, service, and morale.
Non-LaborOur non-labor cost improvement solution encompasses every expense except labor, bad debt, and interest. Our non-labor team is industry’s largest with extensive experience in every supply, drug, and purchase service category. As a result, our solution consistently delivers substantial savings while enhancing quality, accountability, and efficiency.
ClinicalOur clinical solution encompasses clinical transformation to decrease variability in care practices while ensuring quality outcomes; case management for appropriate length of stay and resource utilization; and clinical documentation to ensure maximum revenue while managing risk. The result is improved quality metrics, cost per case, and reimbursement.
PhysicianOur physician solution positions hospitals and physicians to thrive together in the marketplace. We create value for hospital-owned or managed physician practices through effective partnering and strategic alignment. Our comprehensive approach includes operational, financial, and infrastructure improvements.