You turn to Accordion.
We understand that you don’t have a problem; you have transformational opportunities. We take an immediate and rapid assessment to understand where the business is headed, note opportunities for future growth, identify areas in need of additional investment, and develop a new value creation plan for optimal profitability and EBITDA accretion. In doing so, we:
- Identify investment opportunities: maturing the operating model for scale, increasing visibility into data (specifically clinical data), modernizing the tech platform and overall infrastructure, automating revenue cycle management (RCM) processes to reduce labor spend and revenue leakage, and streamlining procurement for additional revenue capture.
- Manage multiple technology vendors to digitally enable RCM and procurement, including implementing a right-fit ERP system to empower the new source-to-pay operating model.
Your value is enhanced.
Your prognosis? Enhanced EBITDA. You not only have a VCP that will lead to increased profitability and will support scaling, but you also found enough hard dollar savings through RCM efficiencies to completely fund operational enhancements and technology implementations. It’s a transformation that paid for itself. More specifically, you have:
- $31M value creation opportunity identified, ongoing execution to enable procurement savings and RCM revenue accretion
- Self-funded a new technology infrastructure and operating model to support scale.
- Drove a better patient experience.
- Made the company ready and more desirable for institutional ownership, increasing market valuation.