Merger and Acquisition

asquaredm provided operations and technical advisory services to assist senior management in the early stages of doubling the size of its operations via the merger of back office operations and management. Worked with the client to develop a strong plan that identified and resolved the major risks inherent in the operations merger as well as developed a timetable, staffing plan and budget that would support the plan.

Interim Management

a^squaredm served as the senior management adviser to a revenue cycle outsourcing firm and a large east coast academic practice plan as the practice plan outsourced its revenue cycle and IT Operations. Identified risks related to the transition including personnel retention, accounts receivable management, compliance and budget issues. Client made the transition successfully and the outsourcing firm was able to improve operations and key metrics within contract and best practice results.

Management Advisory

asquaredm Provided assessment and review of practice by-laws, organization structure and management team for established academic practice plan. Recommended reorganization and streamlined Board Committees and revised terms and responsibilities for each functional board committee. Recommended streamlined and more clearly defined management team structure, re-wrote job descriptions and assisted in recruitment of senior team members.

Reviewed clinical department physician compensation plans and recommended simplified and improved compensation packages modeled around the realities of each clinical specialty and sensitive to the market the faculty practice operated in. Identified areas where better balance between academic, clinical and research components of compensation could be streamlined and related productivity improved in line with academic and clinical market realities.

Restructured and reconstituted the Executive Committee of the Practice Plan Board of Directors that allowed disparate components of the clinical departments to engage more completely with the President of the practice plan and their own clinical departments. Improved understanding, trust and direction of the practice plan around finances, relationships with the academic hospital and the practice plan’s own revenue cycle operations.

Case Studies

Merger and Acquisition

Interim Management

Management Advisory