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Financial pressures are increasing throughout the healthcare industry. Incentives are shifting with quality of care increasingly being rewarded over quantity. Many hospitals, physician practices and insurers have made cost reduction their number one priority, while continuing to optimize revenue and cash flow.

The specialists of HPA can be helpful allies in such efforts. We are dedicated to improving the bottom lines of our clients using analytical, well-proven tools and methods. Unlike many consulting firms, HPA is an organization comprised entirely of experts, skilled at implementing improvements, not just making recommendations. In every project, our deliverable is a measurable, recurring increase in operating margin. Most projects are done on a “pay-for-performance” basis, with zero fixed fees and no financial risk. Our philosophy is that clients should pay only for measurable results.         

                                                     

 

HPA’s revenue cycle group has combined decades of experience in hospital reimbursement with deep knowledge in applied mathematics to build a unique and powerful analytics engine.

The model enables us to create a highly customized, automated net revenue calculator for each client we work with, leveraging today's enormous computing power, not to just improve net revenue, but to mathematically optimize it...

 

In many healthcare organizations, vendor spending comprises 50% or more of total operating expense. This is a large opportunity for cost reduction that does not impact patient care, quality or morale. Our strategic sourcing team has been working with hospitals, health insurers, and others across the industry to develop and implement supplier cost reduction goals since 1992.

Our Energy group uses innovative non-capital, engineering methods to reduce energy use, emissions, and most importantly, costs.  

The Surgical First Assistant program offers hospitals significant expense reduction while improving surgeon support and O.R. efficiency, benefiting the hospital, surgeons and patients...

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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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