As patient care evolves from a predictable volume-based business to new models based on quality and population health, the leader’s job is to navigate the transformation without losing focus on today's realities-- capturing the available revenue while driving cost reduction in an industry accustomed to high growth. You still need to make your numbers and we can help make sure you do.

The Healthcare Performance Alliance is a team of results-oriented professional services firms with a shared goal of achieving substantial, quantifiable breakthroughs in financial performance for healthcare organizations. We have assembled exceptional talent and diverse ideas from business, engineering, and applied mathematics to deliver tangible, dependable performance improvement — cost savings, net revenue improvement — to hospitals and other healthare providers, nursing homes, large physician practices, surgery centers, and health insurers. 

Unlike large management consultants, who work primarily on fixed retainers and focus on advice and recommendations, our emphasis is on implementation and follow-through. Clients pay only for the measured results we create, avoiding the financial risk of fixed fee consulting. 

Results are measured transparently and ROI is a certainty. Fees are paid after results have been achieved. Cash flow impact on the client is positive from day one. Traditional fixed-fee or hybrid arrangements are also options. This is what consulting should be. 

 

HPA’s Revenue Analytics group has combined decades of experience in hospital reimbursement with deep knowledge in applied mathematics to build a unique and powerful analytics engine. Data-driven improvements in pricing and charge capture can make a meaningful impact on net patient revenue. 

The Surgical First Assistant program offsets the cost of surgical first assistants while improving surgeon satisfaction and operating room efficiency, benefiting the hospital, the surgeons and patients.

 

Vendor spending comprises nearly 50% of the total operating expense in many organizations, representing a large opportunity for cost reduction with no impact on patient care. Our strategic sourcing team has worked with hospitals, insurers, and others in the industry to develop and implement supplier cost reduction goals since 1992. 

Our Energy group uses non capital-based engineering methods to reduce energy waste and its costs 10-30% while improving air quality and equipment life. 

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Forward-looking leaders are taking decisive action now to drive down costs and maximize revenues in preparation for what many analysts expect to be a long period of rising financial pressure and payment reforms. Recent guidance from HFMA is to "adapt to profiting at Medicare reimbursement rates"...

 
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