96% of all patient encounters with community hospitals happen in outpatient settings.
Over the past decade, health system-owned ambulatory enterprises have evolved in response to growing costs, stagnant payer reimbursement, and a strong industry preference for outpatient care. Organizations that have removed long-standing barriers between their ambulatory and inpatient settings have been able to target key opportunity areas and maximize the value generated for patients, physicians, and health systems.
ECG’s 30-Day Rapid Ambulatory Assessment helps ambulatory leaders quickly respond to these questions:
- How is my ambulatory enterprise doing compared with others in the market?
- How does my ambulatory care model compare with best practice?
- Is my physician enterprise prepared for virtual care delivery?
- Where should I direct resources to improve performance?
What Is the Size of Your Next Opportunity?
ECG’s 30-Day Rapid Ambulatory Assessment has identified millions of dollars in cost-saving and revenue-generating opportunities for clients:
- $3.2M in recurring profit enhancement through improved financial clearance and patient collection policies, procedures, and workflow redesign to reduce bad debt,
- avoidable adjustment write-offs, and outstanding accounts receivables
- $1M in revenue opportunity and improved patient access by standardizing new patient appointment best practices and scheduling rules
- $1.4M in annual stang expense improvements by adopting a standardized stang model with consistent workflows across the physician enterprise
- 50% improvement average in exam room capacity based on best practice scheduling tactics that enable provider growth without adding overhead costs
Learn more about how our assessment can help your organization identify its next financial opportunity.
Download the Assessment Overview
Published September 6, 2023
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