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In the past two years, many hospitals have experienced low or negative operating margins, difficulty accessing capital, and the need to reduce spending to conserve cash. This has occurred before any effects of the $938 billion Healthcare Reform bill, 16% of which is to be funded by revenue cuts to hospitals. The Hospital Performance Alliance is a consortium of proven specialists whose mission is to help hospital leaders prepare for the future by driving both revenue optimization and broad-based cost reduction. Projects can be implemented on a “pay-for-performance" basis without fixed fees, eliminating the financial risk to the hospital.

 

HPA’s revenue group has combined decades of experience in hospital reimbursement with deep knowledge in applied mathematics to build a unique and powerful revenue analytics engine. This model enables us to construct a highly customized model of the revenue function for each client we work with, leveraging today's enormous computing power, not to just improve net revenue, but...

 

External (non-salary) spending typically comprises more than 50% of a hospital’s total expenses; this spending is an opportunity for significant P&L improvement. Our Strategic Sourcing group has been working with hospitals and other clients to develop and implement cost reduction goals since 1992. We can be a powerful ally in your mission to bring costs in line with revenues and become financially ready for the changes... 

 

The implications of healthcare reform on America's hospitals are becoming more clear. Leaders taking decisive action now to improve profitability and cash flow will prepare their organizations for the payment reforms being implemented now and the many other changes that lie ahead...

 
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