Healthcare Financial Feasibility and Performance Improvement
Background: As auditor and analyst with Touche Ross & Co. (now Deloitte) assisted managers and partners in preparing audits, financial feasibility studies, and operations reviews / performance improvement studies for non-profit and for-profit hospitals. The financial feasibility studies were frequently used to support bond offerings. Some of the entities were operating in distress. Others were healthy. Frequently encountered imbalances between patient visit / procedure reimbursement rates and costs and payment lag as well as collection issues. The hospitals ranged from large, complex, full service urban health care centers to smaller suburban facilities.