ADVISORY SERVICES

Practice Transformation

Alliance Health System’s Business Transformation strategy is a proven approach to comprehensive change. Whether your practice is expanding, consolidating, relocating, or merging with another specialty, Alliance’s complete list of Practice Transformation Services include:

• Strategic vision and outcomes setting
• Change readiness assessment
• Organizational design
• Cultural change
• Process optimization
• Identifying Key Performance Indicators (KPIs)/Measures to establish baseline & assess change impact
• Stakeholder engagement and management

Merger & Acquisition

High performing medical practices constantly innovate their strategies for growth. Alliance Health’s mergers and acquisitions service combines our expertise in corporate and medical office restructuring to assist you to create and execute flawless M&A, integration and divestment strategies while minimizing risk.

Brand Management

Understanding the dynamics of a brand – what it stands for, what needs it speaks to, its strengths, weaknesses and unrealized potential – is essential in a world of empowered consumers, rapidly evolving markets and increasing transparency. Leveraging our deep expertise in brand and marketing strategy, we work with clients to understand and evolve their businesses at key transition points. We conduct rigorous market research, identify geographic optimization, and provide strategic positioning that allow clients to choose how they grow their businesses.

Opportunity Cost Analysis

Opportunity cost is a concept used when considering alternative places for using your resources and assets. In medical practices where the owner’s (physician) resources and unique skills are used in the business, it is the concept used in determining if the business is making a return over and above the cost of contributed resources. Alliance Health System helps to determine whether the best opportunity is to stay with existing operations or should the practice be using its next best alternative.

REVENUE CYCLE MANAGEMENT

Value Based Reimbursement Analysis

Value-Based Reimbursement models have the potential to improve the quality of healthcare practices while reducing their costs. Alliance Health System provides insight and will determine how VBR can help by rewarding value instead of volume. VBR programs can help reduce costs significantly, improve the quality of care, and minimize the amount of money wasted on ineffective care.

Patient Care Cycle Efficiency

Alliance has a strong patient care model which is primarily focused on maximizing value for patients: that is, achieving the best outcomes immediately at the lowest cost to the patient. We must move away from a supply-driven health care system organized around what physicians do and toward a patient-centered system organized around what patients need. Alliance utilizes a unique and differentiated approach to handling the Patient care cycle, which outperforms the industry standard in timeliness of care, consistency with referral tracking, and ultimately returning patients to full health.

Patient Acquisition Cost

What differentiates a successful medical practice and a marginally successful practice is how they view the same challenge or problem. Alliance helps improve every practice by focusing on the fundamentals, Patient Acquisition Cost. With our expertise in Practice Management and Business Development as well Alliance Health can clearly outline the costs of acquiring new customers while also establishing the best marketing programs that will procure patients in a profitable manner. Customer acquisition cost is not what you are spending to acquire the customer, but the money you are losing by NOT acquiring more customers.

Performance and Utilization Management

Alliance Health provides insight and support to facilitate the delivery of cost-efficient healthcare. Alliance uses their broad and powerful network to continually share objective and actionable data regarding a provider’s individual practice patterns, the practice patterns of their peers, and the costs of the care provided. With this data made available, Alliance can help drive greater profitability through efficiency and reduced operating expenses.

BUSINESS DEVELOPMENT

Patient Acquisition Cost

What differentiates a successful medical practice and a marginally successful practice is how they view the same challenge or problem. Alliance helps improve every practice by focusing on the fundamentals, Patient Acquisition Cost. With our expertise in Practice Management and Business Development as well Alliance Health can clearly outline the costs of acquiring new customers while also establishing the best marketing programs that will procure patients in a profitable manner. Customer acquisition cost is not what you are spending to acquire the customer, but the money you are losing by NOT acquiring more customers.

Physician Alignment and Growth

Alliance Health System can provide professional networking solutions to align physicians with optimal referral sources who can drive sustainable patient volume and growth. Alliance’s model is driven by strengthening physician culture and increasing physician engagement while solidifying the physician network’s brand and marketability.

Campaign Management

Most, if not all, medical practices are facing a common challenge: to do more with less. With insurance reimbursements continuing to decrease, there is the need to reach more patient segments, more quickly and more precisely— and all while stabilizing marketing budgets. This is driving a need for innovative and cost effective marketing practices and none more so than in the area of digital content development and distribution. By adopting the Alliance Health System campaign marketing model, medical practices can expect to save in execution and increase their exposure to market.

PRACTICE MANAGEMENT

Organizational Restructuring

Alliance Health System can help you navigate your challenges and find new opportunities through diligent organizational and operational restructuring. Alliance’s consulting team will help you find the best balance of practices and structure, through a patient-focused approach to process, performance, and productivity.

• Optimize Your People: implement patient-centric approaches to staffing, scheduling, and patient hours
• Streamline Workflows: review processes, policies, practices, standards, protocols, regulations
• Motivate: raise the bar, develop targets, clarify roles, responsibilities, compensation, and incentives to support
peak performance and keep the team goal-oriented
• Workplace Optimization: ensure the physical work area, equipment and technology support your goals

Vendor and Supply Management

Alliance health System has a vast knowledge of maximizing revenue generating activities for medical practices. Distribution of home / personal medical products deemed medically necessary are highly beneficial for patient outcomes and also for profitability. With the guidance of Alliance Health, a medical practice can expect effective contract control, cost tracking, inventory optimization, and product education to help providers and medical staff recognize patients who would benefit from these projects/programs.

Operational Performance

Alliance Health will conduct thorough research into your medical practice and gather data from a variety of sources. The data is utilized to generate transparency reports for each department and will include key performance indicator dashboards, so that the information can be viewed easily. With this information available, practices gain insight into everything from patient retention, to treatment cycle length and physician revenue figures while also monitoring marketing costs, supply costs, and ensuring consistent patient satisfaction.