Drive Peak Financial Performance through Primary & Specialty Care Strategies
Delivering cost-effective, high-quality healthcare, while maintaining a positive margin, continues to increase the pressure on rural-based healthcare providers across the country. Coupled with uncertainty around payments, insurance and delivery-system reform, many rural providers struggle to develop and implement long-term strategies that deliver maximum financial performance.
Since a hospital and practice designation type can substantively impact reimbursements received, the alignment and designation of practices is of increasing importance.
To combat this, our team partners with rural & community hospitals and health systems to develop effective primary and specialty care strategies that address the evolving market.
Transitioning Physician-Based Practices to Rural Health Clinics for Long-Term Success
Wyoming County Community Health System a county-owned health system comprising a 47-bed acute care hospital with a 138-bed skilled nursing facility and multiple successful physician practices, was transitioning the designation of several of these practices from stand-alone entities to hospital-based practices with the CMS Rural Health Clinic designation.
Read Case StudyOur Team Assists Rural & Community Hospital Leadership Teams in Answering the Following Questions
Methodology & Approach
Our team will prepare an overview of the key eligibility requirements, including benefits of participation, for the provider-based rural health clinic program and articulate how each of these requirements impact the practice locations in question.
Next, we will prepare a financial assessment on the inclusion of the listed practices as departments of each of the hospitals with provider-based rural health clinic designation.
Finally, Stroudwater will recommend the most advantageous designation for the listed practices and provide the steps necessary to convert the identified clinics to RHCs.
