Management Services: Our management style is a hands-on approach with ongoing management that ensures all operations yield immediate and long-term profitability. Our years of experience, proprietary analytics and benchmarking make the difference.
- Experts in ASC business management and development with a foundation in physician relations.
- Operational models built to generate profit and long-term growth.
- Focus on continuous revenue growth, pricing strategy and collections.
- Facilitate all points of a venture—physician syndication, hospital-physician joint ventures, mergers and acquisitions.
- Manage all phases of new ASC development.
- Turnaround even the most problematic ASCs into efficient, profitable businesses.
- Experts in negotiations and contract restructuring for physicians, ASC’s and independent practices
- Annual operating and capital budgets
- Customer service programs
Turnaround for Profitability: GHM has proven success with ground-up development of ASC’s.
- Initial market assessment
- Support to obtain a CON (if needed)
- Operational flow plan and architectural impact
- Financial and market feasibility: financial and utilization projections, timetable, space requirements, equipment needs
- Investment grade business plan
- Organizational structure
- Operations, governance and legal structure
- Sourcing for financing
- Identify legal support
- Architectural and construction recommendations
- Business office systems for financial and managerial control
- Compliance, HIPPA, risk management and quality assurance
- Equipment and furnishings planning and purchase
- Personnel policies and compensation packages
- Staff recruitment, hiring and training
- Architecture and construction plans, budget and oversight
- Supplies and equipment purchasing—best pricing
- Marketing identity, patient information, web sites, advertising and promotions
- Insurance and protection plans
- First 5 years financial goals and budget
- Oversee state licensure, Medicare certification and accreditation surveys
- Fee structure, strategies and payer negotiations
Independent Physician Associations
New Development for ASC’s: Transform your struggling operations into a profitable business by focusing on the essentials: day-to-day management, clinical operations, return on payer and other contracts, staffing, accounting, receivables and inventory. Generate new revenue by adding relevant services, and increase case volume.