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Healthcare Financial Improvement & Revenue Services

It’s easy to understand that decreasing cost and increasing revenue are the two drivers for improved financial performance. The process of optimizing these factors while keeping quality care as a top priority is anything but simple.

Benefits

  • With CHC, your hospital gets expertise in assessing all aspects of community hospital financial performance – payer relationships, revenue cycle, supply chain, staff productivity.
  • Our hospital consulting services help you implement plans that improve revenue integrity and impact the bottom line.
  • We have demonstrated success improving financial performance for hospitals facing financial crisis and for those looking to build upon their current success.

Case Study

Turnaround program improves hospital’s profile and prospects: Memorial Health System of East Texas, Lufkin, TX

The Situation

A long history and sterling record of providing quality healthcare services and technologies to a large rural area are no guarantee of ongoing success. After six decades of prominence in deep East Texas, Memorial Medical Center in Lufkin weathered a multi-year trend of declining financial performance, cash reserves and patient volume, culminating in a bond rating downgrade. Competition from a for-profit hospital just one mile away put even more pressure on hospital leaders. The time had come to call in reinforcements.

Background

Memorial Medical Center is...

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Find out how CHC can help your hospital improve its performance.

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This one-minute video outlines financial warning signs that indicate financial trouble for your community hospital.

White Paper

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Is Your Community Hospital Heading for Trouble?

Community hospitals across the country are facing operational challenges. This white paper outlines critical steps to turn around your hospital’s performance.

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“The team at CHC has helped us significantly improve on hospital’s performance while keeping control of the facility where it belongs – right here at home.”
Karen Barber, CEO
Yoakum Community Hospital, Yoakum, Texas
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