[home][hospitals][hpsa][fqhc & rhc][physician][billing][news][partners][links]


Hospitals & Health Systems

CHCI's assists clients in the hospital arena involving such major issues as finance, reimbursement, strategic/business planning and program development, "community need" development, outpatient department/ambulatory care conversion, governmental policy analysis, and hospital/physician arrangements (i.e. joint ventures).

Strategic/Business Planning
Concept stage to implementation, interim operations, projects include demographic and socioeconomic analysis, needs assessment, financial feasibility studies, financial analysis, modeling and forecasting, risk analysis, business planning, startup planning, grantwriting, and interim operations.

Reimbursement
Reimbursement modeling under various federal and state scenarios, including cost-based, capitation, and prospective rate-setting systems. Incorporating "what ifs?" for the unknowns. Modeling payor mix, volume shifts, direct and indirect costs, incremental costs, volume variables, and inflation.

Financial Analysis/Assessment
A program or service may have been started based on various assumptions and reimbursement, but changes since implementation require financial analysis to determine how the program or service is performing. Questions have to be answered and issues need to be clarified relative to volumes/utilization, financial performance, benchmarks and indicator performance, and appropriate setting (i.e. conversions).

Hospital/Physician Relations
Incorporating sound business practice operations is a cornerstone of CHCI's consulting services. Originally performing practice valuation, give way to returning the physician practice back to the physician community in today's health care climate - necessitating accurate and detailed analysis relative to operations, finance, reimbursement, and physician-specific indicators. Analysis and preparation of affiliation agreements, contractual arrangements, joint venture opportunities (i.e. radiology, laboratory) managed care contract review - all part of CHCI's scope of services - are key to sound decision-making or just an operational review.

Strategy Development
Having "been there," engagements relative to hands-on dealing with hospital and health system CEOs, CFOs, Medical Directors, and Boards from strategy development, board presentation, and retreats are what CHCI performs. As health care executives, dealing with traditional day-to-day operations, CHCI knows "what is happening" in the health care arena. Extensive dialogue at the senior executive level is what our firm is all about.

Please fill out our Contact Form >> .

Contemporary Health Care, Inc.
contemphlthcare@msn.com
800.925.1919
1955 State Highway 34
Suite 3B
Wall, New Jersey 07719
Phone: 732.974.7200 | Fax: 732.974.7299
1450 Annunciation Street
Suite 2101
New Orleans, Louisiana 70130
Phone: 504.561.0805 | Fax: 732.974.7299