Healthcare

“Today the only thing that is permanent is change.”

Charles H. Mayo, M.D.

Mayo Clinic (1931)

Healthcare organizations continue to face an increasingly challenging environment characterized by the ongoing need for adaptation and innovation, in response to a broad range of critical issues, including:

  • Cost and affordability pressures
  • Challenging regulatory environment
  • Changing consumer behaviors
  • Technological advancement
  • Cybersecurity issues
  • Increasing mergers and collaborative partnerships
  • Financial viability concerns

In this environment, the need for an effective Management Operating System has never been greater – in order to enhance strategy execution, to support critical organizational transformation initiatives, and to actively manage risk and performance. Examples of our healthcare-related experience include:

Senior Level Reporting

Senior-Level Reporting

Designed a new Health System Performance Management Reporting capability for senior management

Strategic Alignment

Assisted in linking a Health System’s high-level financial and operational objectives and metrics into a comprehensive strategic framework

Governance, Risk, & Compliance (GRC)

Recommended enhanced compliance-related monitoring and testing techniques to enhance a Health System’s Ethics and Compliance Program

Last Mile of Finance

Designed and helped implement new processes in support of the migration to more strategic framework for financial management

Issues & Actions

Assisted in integrating and prioritizing Issues originating from multiple sources, structuring appropriate Actions, and monitoring completion schedules and costs

MOS Toolkit

Strengthened processes related to vendor management, work authorizations, invoice payments, and cost control