FINANCE ACCELERATION
Our Finance Acceleration Model is an integrated suite of financial services designed especially for independent community-based hospitals, using a shared service model. Available as a comprehensive suite of services or through a modular approach, Finance Accelerator Model offers clients a one-stop shop, industry leading capability that has been honed and sharpened through more than 10 years of successfully serving independent community healthcare organizations across the U.S. and internationally. The suite of services encompasses Healthcare Finance and Reimbursement, Accounting, Managed Care and Revenue Cycle Management.
CLINICAL RESOURCE MANAGEMENT
Understanding and Improving use of Clinical Resources Throughout the Hospital to Impact Revenue, Enhance Patient Throughput, and Manage Costs
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Between mergers and acquisitions, regulatory changes, and organizational silos, understanding what processes and systems need improvement for financial stability can be a challenge. We help you identify and then solve the inefficiencies issues along the care continuum that drive up total costs, reduce reimbursement, create poor resource utilization, increase unnecessary lengths of stay, and impact inappropriate levels of care.
STRATEGIC ADVISORY
We pride ourselves on a commitment to excellence, staying in front of industry shifts and keeping our clients ahead of changes. Whether creating a one- or five-year plan; conducting a Community Health Needs Assessment; or developing out-migration strategies, the K HealthCare Group team can help guide you to the solution that is right for your hospital.
PHYSICIAN SERVICES
An employed physician network plays a strategic role for most healthcare systems in meeting the healthcare needs of the community and leading the transition to value-based reimbursement models.
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Maintaining a productive and effective relationship between providers and your health system requires balancing several important factors. Patient access, provider engagement, quality of care, patient satisfaction, operations management and your organization’s revenue cycle management process all contribute to the strength of this relationship. Successful physician recruitment and retention strategies are also essential to your operational performance, and provider and physician compensation plays a major role in achieving successful alignment between physicians and your health system’s goals.
WORKFORCE PRODUCTIVITY
Rising labor costs, payer mix variation, and regulatory changes add pressure on already tight revenue to expense ratios. Our approach is tailor-made for each individual health system, to provide the right tools to create customized staffing models to efficiently deliver care and achieve productivity potential.
BEHAVIORAL HEALTH
We are ready to meet heightened demand for behavioral health support through a full range of clinical, administrative, and financial capabilities that manage risk in specialty populations. With a wide network of behavioral health providers, we deliver patient-centered care that integrates behavioral and physical health to address crises in mental wellness, recovery, and addiction.