Read recent examples of how we have helped our clients resolve complex business issues and achieve high financial and operational performance
Description: Stand-alone 46-bed level 4 hospital providing detox, residential, IOP and routine outpatient treatments.
Issues: The hospital struggled financially, experienced high staff turnover, documentation by clinical staff was inadequate and accounts receivable ballooned with >20% bad debt.
Actions Taken:
Description: In- and outpatient alcohol and drug addiction treatment facility acquired by investment group operating over 50 facilities in multiple states.
Issues: The new facility was inadequately staffed with high employee turnover, its billing system and processes were insufficient to meet payor requirements, and claims were submitted late or missed.
Actions Taken: