Financial Services

Profitability Enhancement

Managed Care Profitability

Many institutions have not established systems to calculate the profitability of managed care contracts. McBee Associates helps health care organizations determine the profitability of their managed care contracts based on their historic results. Our analysis considers the cost of patient services and actual account collection rates. This analysis determines which contracts need to be re-negotiated.

Staffing Analysis/Benchmarking

To generate profits in today's environment an institution needs to staff efficiently. As a first step in achieving optimum staff levels, institutions need to measure their staffing against standards.

Using benchmarks developed from health care data and productivity studies in combination with its considerable staff expertise, McBee Associates helps clients apply industry standards to their operations. With the standards, clients review work flow and identify areas where they may need staffing adjustments.

McBee Associates develops productivity standards for our clients that fine tune the benchmarks and determine where staffing adjustments would have the greatest impact.

Clients that need to re-engineer rely on McBee Associates' experience. We establish models to keep staffing at a level appropriate for completing the client's mission.

New Services Development

A new service requires extensive planning before a vision becomes a reality. Knowledgeable financial analysis from McBee Associates helps clients fast track implementation with a possible gain in profitability or market share.

Based on estimated volume, McBee Associates projects revenue, staffing, operating expenses, profitability, cash flow, start-up capital, and capital needs for the planned service. We prepare pro forma financials with detailed assumptions; therefore, our client' s management has a solid understanding of the financial requirements before service implementation begins.

Rate Alignment

McBee Associates assists health care organizations with aligning patient rates to maximize their revenue. Utilizing their installed modeling software or providing software, we consider their competitive environment, payer mix, managed care contracts, third party reimbursement, and profit goals. With a thorough analysis of all factors completed, McBee Associates recommends timing and levels for patient rates.