Healthcare
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
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