Advisory Board Optimization

Hospital Advisory Optimization Assessment Survey

Hospital Advisory Optimization Assessment Themes

Physician Enterprise

Issue –present concerns with Yes or no
Recruitment and retention
Governance and organizational structure
Reporting and KPI’s
Compensation and incentive  structures

Cost Efficiency

Issue Yes / No
Credentialing
Benefits Verification & Authorization
Coding
Revenue Cycle (e.g., chart posting, payment posting, A/R collections, etc.)
Post merger integration
Service line management
Consolidation of services
Value of current assets
Marketing Communications
Patient access

Data and Reporting

Issue Yes/ no
RCM Performance & Cost to Collect
Revenue Integrity – Over / Under Payments
Provider & Service Type Utilization
Clinics Ops – Staff Utilization, Clinic Performance Scorecard
Service line cost analytics
Payer Contract Management (e.g., terms, renewals, etc.)

Performance Results

When was the most recent assessment of the below functional areas from a performance results, cost efficiency, growth opportunity, enterprise scalability perspective? Assessment Completed Within Past 12 Months? (Yes / No) Priority Level (High / Med / Low)
Service Line Optimization
Coding
RCM
Payer Strategy & Contracting Performance
Data Management & Analytics
IT
Cybersecurity
Out-Patient portfolio
Lab Diagnostic Services
Radiology Services
Pharmacy / Infusion Services
Clinical Research
Anesthesia services

Process Automation

Process Automation: Are you relying on process automation for the below workflows? Yes / No
Service Line Review
Service Line evaluation
Appointment Scheduling & Reminders
Referral Process
Service Line level reporting
Revenue Cycle
Denials Management
Claims Status
Prior Authorization Processing
Chart Submission / Request Completion (Payor/ CMS)
Quality & Compliance
HIPAA Compliance Auditing
Medicare Stars Improvements
Data validation against protocols e.g., legal
Clinic Operations Optimization
EHR Data Migration & Integration
Inventory Management & Procurement
Cost per adjusted discharge

Leadership

Do you have any key talent leadership needs in your organization? Yes / No
Finance
RCM
HR
IT
Payer Contracting
Clinic Operations
Corporate Operations

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