Our Approach

A holistic approach to total performance improvement

Healthcare reform has created an increasingly complex and economically challenging environment. In order to survive, providers must rethink processes and business models to improve efficiency and quality, yet lower cost structure. Hospitals of all size and type are seeking the guidance of skilled experts who understand the inner workings and core operations of acute care delivery—to support planned, broad-based cultural change management and performance improvement initiatives.

As hospitals and care systems continue to navigate healthcare reform realities, they are placing greater emphasis on aligning price, process, patient care quality and payment for sustainable improvement. MedAssets Advisory Solutions enterprise consulting group helps our clients take a pragmatic and holistic approach to transforming into high-performing healthcare organizations today while preparing for tomorrow’s value-based models.

MedAssets Advisory Solutions combines six of the company’s different practice areas and is delivered by approximately 500 of the company’s clinical, professional and technical experts (including 110+ MDs, PharmDs, RNs, PhDs, Lean/Six Sigma experts). These practice areas include:

  • Clinical Resource - Consulting clinicians that bring credibility to communicate and collaborate with the client’s clinical staff to gain buy-in and alignment to improve standardization of supplies, including high expense physician preference items. Engagements are based on sound clinical principles, a proven methodology, as well as proprietary and national benchmarking data.
  • Cost Analytics and Operational Analytics - Cost Analytics delivers Web-based business intelligence tools to find opportunities to reduce supply chain and pharmacy costs; Operational Analytics include the company’s Service Line Analytics tool for business intelligence to make connections between clinical outcomes, utilization and supply costs. The approach is based on deep, clinical understanding of supply utilization, not just cost.
  • Lean Operational improvement - Certified Lean and Six Sigma professionals to guide overall program implementation and instill sustainable Lean-based principles throughout the organization, including high-value areas, such as surgical suites, emergency departments and pharmacies that drive clinical care, but also impact financial value.
  • Revenue Cycle Performance – Operational and financial consulting professionals to optimize existing tools and workflows in the business office.
  • Purchased Services – Best practice supply chain and procurement processes and custom contracting experts for the nearly 50 percent of supply spend for operational support services, such as employee benefits, energy consumption, equipment management, and more.
  • Workforce Solutions – Technology and services to reduce labor expense (typically 50 percent of operating expense) and transform the processes for contract labor, core staff scheduling, credential and agency management and billing

A pragmatic path for sustainable financial, operational and clinical performance improvement

Our holistic approach to helping healthcare organizations improve revenue, performance and care delivery combines cost and clinical resource management, purchasing, and revenue cycle solutions, change management consulting, embedded management and process improvement services, and data and analytics tools. We help our clients to progress beyond cost containment to optimize operations, improve overall viability and enable sustainable quality care delivery.

We understand the unique needs of each client, and our solutions are tailored to the client’s strategic plan and market and organizational dynamics. Our client engagement process includes data analysis, opportunity quantification and collaboration with client teams and organizations. We employ change, Lean process improvement and governance methodologies to drive and sustain change, and the expertise, best practice processes, technology and analytics to position your organization for sustainable performance.

  • Gain data-driven insights and solutions for informed changes to drive total cost reduction, financial optimization and clinical delivery alignment and efficiency.
  • Improve performance today and prepare for tomorrow’s uncertainty through initiatives that create a new structure for sustainable cost, clinical operation and revenue improvement.
  • Achieve significant improvement to operating margins in a short, defined timeframe. Our solutions encompass cost reduction, utilization improvement and revenue improvements.
  • Achieve significant improvement to operating margins in a short, defined timeframe. Our solutions encompass cost reduction, utilization improvement and revenue improvements.