
Financial and Operational Excellence
We can help you stabilize your organization’s financial core by building sustainable and proven reimbursement and expense management processes for today that support the growth engine for tomorrow. Through a collaborative consulting approach that is grounded in an adaptable framework, our work together allows your organization to remain nimble while defining priorities, optimizing processes and resources, establishing accountability and delivering sustainable cost reductions.
Resources
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Optimizing Your Healthcare Organization's Core Business Today
Follow these tips to reduce unnecessary expenditures, increase revenue and generate a profit.
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New ABN Process Reduces Write-Offs and Increases Cash Flow At OHSU
OHSU implemented a best-practice Advanced Beneficiary Notice (ABN) process to increase cash flow and reduce ABN related write-offs.
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Developing an Automation Strategy That Delivers Results
As healthcare organizations look to incorporate automation into their workflows an automation strategy is critical to ensure that desired results are realized.
Our Services
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Our Services
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Revenue Management
Revenue Management
Tackle your most pressing business needs today to achieve best practice performance in your revenue cycle tomorrow. We work with you to identify and capitalize on broad or targeted revenue opportunities through services that enhance technology integration and adoption, payer collaboration, denials management and prevention, performance transparency, patient financial care and more. For more than 25 years, we’ve helped clients improve net revenue between 2-5%, generating billions of dollars of cumulative, recurring benefits, to invest in their future.
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Clinical Documentation Improvement
Clinical Documentation Improvement
Improve your documentation and medical records to reflect accurate severity and acuity, and ultimately capture the appropriate reimbursement with Huron’s clinical documentation improvement services. Our three-step process starts with a focused review of medical records, then moves to education and mentorship on best practices and finally closes with an audit to identify missed opportunities to improve completeness and accuracy of clinical documentation on both inpatient and outpatient charts. Our partners typically experience a 4-8% increase in Case Mix Index and realize an ROI of 8:1.
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Supply Chain
Supply Chain
Optimize your supply chain strategy, operations, pricing and utilization to reduce costs and improve efficiency to better operate today and be prepared for tomorrow. Our supply chain services help you improve standardization, leverage GPOs, centralize sourcing and contracting functions, create more efficient supply distribution and eliminate waste through proper management tools and technologies. Our work together can help you optimize strategy and reduce supply costs by 5-7%.
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Workforce
Workforce
Streamline your organizational structure and optimize the use of key assets to improve labor management, and drive and sustain optimal utilization, with Huron’s workforce services. Clients capture financial benefits through the reduction of overtime, use of agency/contingency staff, costs associated with recruiting and the optimization of skill mix to realize productivity goals and core staffing plans. Improved employee, physician and patient engagement and experience also yield improved retention of staff and consumers. Our clients typically experience reduced annual labor expenses of 6-15%.
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Human Resources
Human Resources
Optimize programs and leverage talent effectively with Huron’s human resources services. We partner with you to deploy people, processes and technology to achieve organizational goals. Our framework also focuses on designing pay and reward programs that are aligned to current and future business needs and enhance an organization’s ability to attract and retain top talent. Our clients generally realize a 3-5% reduction in total wages and benefits costs while maintaining a competitive market position.
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Operations Management Services
Operations Management Services
Drive predictable, high-performing and strategic operational performance with strong and effective leadership support to build a culture of accountability and excellence. Huron works with your organization to identify leadership and operational management opportunity areas to create a unique and sustainable strategy to ensure your organization successfully navigates disruption. Our scalable solution includes transitional management support, leader development programs and performance improvement managed services.
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Revenue Management
Experts
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Andrew Grobmyer
Managing Director
Industry:
Healthcare
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Chris Drummond
Managing Director
Industry:
Healthcare
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Larry E. Stuckey, II
Managing Director
Industry:
Healthcare
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Dan May
Managing Director
Industry:
Healthcare
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Rick Roycroft
Managing Director
Industry:
Healthcare | Life Sciences | Logistics
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Sondra Cari
Managing Director
Industry:
Healthcare