Unlike some firms, our team of advisors are professional operators, executives, and clinicians each with a passion for creating and implementing programs and services as unique and diverse as our communities.
Location: West Coast
Type: Regional Health System (Non-Profit)
Project: Development of Enterprise Level ASC governance and board education program
Description: Established portfolio-wide ASC Governance Taskforce to aid in the formation of an executive ASC governance model, structure, and functions. Facilitated multiple executive leadership work sessions, leading to the formation of an Enterprise ASC Governance Council, as well as ASC Governance Boot-Camp educational program for hospital-based leaders in governing board roles.
Value: Increased understanding of the ASC regulatory environment, improved understand of board member roles and responsibilities, greater understanding of health system strategy for growth and physician alignment, reduction in compliance risk for ASC and health system.
Location: Oregon
Type: Regional Health System (Non-Profit)
Project: Majority position hospital acquisition of 2 Operating Room Physician Joint Venture ASC
Description: Facilitated acquisition of an independent specialty ASC including budget development, 3rd party valuation coordination and negotiations with and outside ASC management company. Led all aspects of legal, financial, and operational due diligence including internal capital analysis, and creation of multiyear facility proforma.
Value: Achieved alignment of high value surgeon group with the health system, expansion of network into a new market, reduction of cost to health system, and overall ASC case volume growth.
Location: West Coast
Type: Health System / Large Integrated Delivery Network (Non-Profit)
Project: Development / implementation of HOPD Same Day Discharge Program for Total Joint Replacement
Description: Facilitated creation and distribution of same day discharge program for hospital outpatient Total Joint program. Created and implemented Rapid Discharge Banner in electronic medical record, Rapid Discharge Tool Kit, established best practice forum to guide implementation.
Value: Increased staff engagement, improved overall process, reduced variation across locations, allowed for implementation across multiple organizations with significantly reduced length of stay.
Location: West Coast
Type: Health System/ Large Integrated Delivery Network (Non-Profit)
Project: Total Joint Arthroplasty (Hip/Knee) supply chain contract
Description: Initiated scaled effort to align orthopedic supply chain purchasing decisions across multiple facilities. Established supply chain purchase committee comprised of surgeons, regional executives, and health system supply chain team to evaluate current spend, vendor selection, and utilization data, and developed multiple recommendations for overall supply chain contracts. Developed and implemented multi-year supply chain contract negotiation strategy.
Value: Full implementation resulted in more than 10% cost reduction overall and significant savings in EBITDA through reduced inventory, scaled discounts, streamlined selection, while maintaining physician engagement and satisfaction.
Location: Mid-Atlantic
Bus Type: Single Hospital System (Non-Profit)
Project: Facility Design & Process Review
Description: Full facility design review for a replacement hospital. Review included hospital-wide process mapping, identification of bottlenecks and inter-departmental conflicts, patient placement plan development, facilitation of staff collaboration and education series and facility transition and activation planning.
Value: Project provided early identification of design-process conflicts resulting in reduced cost of change orders and reduction of construction timeline. Advanced planning and staff collaboration supported an efficient, safe, patient-focused transition to the new hospital.
Location: Washington State
Type: Independently Owned and Operated multi-physician ASC JV LLC
Project: Bridge Management
Description: Interim CEO for 4 OR Ambulatory Surgery Center, providing onsite and remote leadership, board meeting support, full AP, AR direction, and payor contracting negotiations.
Value: Provided independent assessment of operations, developed hospital / ASC JV optimization strategy, improved cashflow though creation of new AR processes, facilitated interview and selection of replacement candidate.
LCHA is a West Coast based healthcare consulting and advisory firm with a proven track record of delivering exceptional results. We are professional operators committed to driving REAL change in the way healthcare is delivered in our communities.
Phone: 425.526.6665
Email: info@lchadvisors.com
Mailing Address:
4301 NE 4th Street, Box 2110,
Renton WA, 98056, USA
© 2023 | LeftCoast Healthcare Advisors – Healthcare Consulting and Advisory Firm located in the Greater Seattle WA area
