Strategic Financial Planning

Indicators That You May Need a Strategic Financial Plan

 Financial Distress:

•  Decline in Revenue
• Debt Repayment Concerns
• Cash Flow Concerns
• Delay in Capital Expenditures
• Delay in Infrastructure Improvements

Is Your Organization:

• Lacking Key Personnel or Systems
• Building or Expanding
• Identifying Areas for Growth
• Focused on Physician & Staff Recruitment
• Considering a Merger or Acquisition
• Benchmarking Performance
• Prepared with a Five-Year Strategic Financial Plan

Provider Planning Solutions

• Long-Range, 3-5 Year Financial Planning
• Annual Operating and Capital Budgeting Preparation and Review
• Project Financial Feasibility Studies: Capital, New Build, Service Line Optimization, Affiliation, Merger and Acquisition
•  Cost Accounting Implementation and Review
• Physician Practice Assessment and Valuation
• Physician Compensation and Productivity Analysis
• Certificate of Need Financial Pro Formas
• Debt Capacity Analysis and Financial Projections
• Bond Issuance and Refinancing

Financial & Operational Assessment

• Service Line Profitability Analysis
• Reimbursement Impact
• Labor Assumptions Impacting Cost and Productivity
• Non-Labor Assumptions Impacting Operations
• Debt Service and Impact to Financial Viability
• Capital Planning and Analysis