From increasing regulatory demands, changes in population, and specialization of services; to mergers and acquisitions and the need for integrated IT systems, today’s healthcare organization faces a dramatically volatile environment.
Industry experts predict that hospitals and health systems will continue to face significant pressures in the years ahead.
The challenges are ongoing as organizations work to establish the core skills needed to thrive in a rapidly changing healthcare market.
Navigating the Volatile Healthcare Environment
TSI’s healthcare consulting services help organizations navigate this volatile environment. Our results-oriented consulting services lead healthcare organizations to improve performance throughout operational, clinical and governance functions.
We’ve put into place successful strategies at a range of organizations including healthcare providers, healthcare insurance providers, healthcare accreditation and professional organizations.
Healthcare Success Stories
- IT Project, Change Management
- Improved Collection Process Improvements
- Financial, Operational Process Improvements
A large healthcare provider looked to TSI for technology strategic planning and transformation. The organization manages over 5 hospitals and 40 ambulatory/remote locations. This project resulted in information collection and analysis of the use of technology in operations and administrations. TSI developed a technology direction and an actionable program for change that addresses its areas of development for short, mid and long-term time horizons.
TSI experts led a project for a large urban medical center to improve the collections operations of this 700-bed hospital. Concurrently, TSI also led a 10-person collection project that resulted in over $1 million of cash received in six months from old accounts receivable.
TSI conducted a comprehensive financial and operational reviews of 5 medical centers across the U.S. Our team examined the patient and financial processes beginning with outpatient registration, admissions thru billing and collections. The output was effective recommendations to restructure operations to improve speed and quality of registrations/admissions, quality and timeliness of billing to improve overall cash flow. Our recommended technology changes used existing technology better or replace their existing patient accounting systems.
Your Next Step
View more success stories illustrating how TSI offers leading organizations deep healthcare expertise and consultative services.
You’ll see dramatic improvements from an operations and technology perspective as well as other core areas.
Contact our team to learn more about our healthcare consulting services and transformation solutions.