2023-02present
Healthcare Management Consultant
M.T. FIORE & ASSOCIATES, Oreland, US
Managed medical practice operations including primary care and specialty practices, improving efficiency through best practice protocols and effective financial management. Evaluated financials and performance while leading a team of 60 administrative and clinical staff. Forecasted growth and coordinated the addition of two new providers. Projected and extrapolated revenue forecasting, expense budgeting, and ACO forecasting. Automated pre-authorization process for specialty practices. Managed credentialing processes, as well as APP workflows and protocols. Employed Sam.gov for specialty practices and managed interactions with federal payers and federal payer programs. Streamlined office and surgical schedules to optimize efficiency.
- Executed budget analyses, P&L management, and management of AR/AP; 91% of AR less than 90 days, 35% increase in fee-for-service collections; gross profit increase of $210K.
- Developing Day-Forward department operations, budgets, annual operating plans, and workflows through systematically analyzing current operations to identify areas for improvement, focusing on efficiency and cost-effectiveness resulting in 150% net income growth.
- Conduct operational audits to determine productivity and utilization improvements; 68% decrease in administrative staff member overtime.
- Aligned with vertical partners for specialty practices reaching 80% care gap closures and management of existing vendors including updating contracts.
- Decreased vendor contract by 113%.
- Eliminated physicians' administrative operations tasks increasing gross profit by 15%.
- Revaluated staffing by auditing workflow and tasks eliminating the need for additional human capital.
- Increased net income 157% by improving onsite billable hours.
- Provided expert guidance on the implementation and optimization of medical technology systems within client health facilities.
- Developed and implemented strategies for clear communication within the team, resulting in improved operational efficiency.
- Experience in implementing and developing plans, improving overall business processes, and contributing to the successful turnaround of struggling departments as a seasoned Management Consultant
- Primary ACO representative focused on enhancing key performance indicators and patient care.
- Implemented disciplined strategies to improve the healthcare delivery system, leading to an overall patient satisfactory rating of 96%.
- Increased net income for client by 300%.