Healthcare – Practice Evaluation
Blackfoot Consulting will thoroughly evaluate your healthcare ventures through a systematic process that will provide you a true picture of financial viability. We achieve this by conducting a thorough assessment of your client businesses.
The analysis often includes the following areas:
- Operational Overhead Assessment
- Full review of A/R (aging, collection rate, billing rate, etc.)
- Payor Mix
- Contract Review
- Volume and reimbursement
- Regulatory Compliance and risk management.
- Review of reporting metrics; drivers, monitoring, adjustments; budget gap analysis and action plans
- Critical review and testing of the forecasting process
- Review of accounting policies, financial systems and controls
- Evaluation debt structure and lender covenants
- Core competencies
- Key recommendations to the lender on business viability and risk mediators
©Blackfoot Consulting, LLC 2011 All Rights Reserved