Below are just a few case studies that showcase some of our successes with our healthcare clients. We’ve helped numerous healthcare facilities improve their profit so they can achieve long-term success.
Case Study #1 – Single healthcare facility (SNF)
- Achieved revenue enhancement of over 15% with a new revenue stream
- Reduced expenses by over 20% through creative programs
Case Study #2 – Small CCRC healthcare facility (SNF/AL)
- Assisted in wind down after-sale and recouped over $250K in revenue due to prior owner
Case Study #3 – Large single healthcare facility (SNF/Dementia Unit/Vent Unit)
- Increased Star Rating from 2 to 4
- Reduced re-hospitalization rate from 22% to 13%
- Reduced bad debt expense by over $300K
- Exceeded budgeted profit margin 12 months in a row
Case Study #4 – Large multi-unit healthcare portfolio (16 SNFs/AL)
- Reduced Medicaid pending cases from 150 to 25 in 3 months, improving cash flow by over $2M
- Brought billing house saving over $300K per year and improving collections
- Brought dietary in house saving over $600K per year while increasing food PPD
Case Study #5 – Large multi-unit healthcare portfolio (6 SNFs)
- Helped clean up and collect over $1M in outstanding aging before the sale
- Billing audit identified $250K in unbilled or incorrectly billed claims
Case Study #6 – Large CCRC healthcare facility (SNF/ AL/IL/Sr Apts)
- Restructured Independent Living fee structure and improved revenue by 30%
- Brought billing in house saving over $80K per year
Case Study #7 – Large multi-unit healthcare portfolio (Legal project)
- Identified overcharges by a vendor of over $1M