All mandates

Mandate / 03 · Risk Assessment

Mid-market healthcare group

Re-engineered the back office, procurement and revenue cycle — restoring margin while protecting the clinical brand.

38% Operational efficiency
Fourteen months Engagement period
Western Europe Region
Risk Assessment Practice

— The situation

Ten years of acquisitions had left a respected clinical group with nine finance functions, four procurement contracts for the same consumable and a revenue cycle that wrote off recoverable income every quarter. Any visible cost programme risked the one asset that mattered: clinical reputation.

— The outcome

Operating efficiency improved 38% over fourteen months with no reduction in clinical headcount and no measurable movement in patient satisfaction. The group has since made two further acquisitions onto the consolidated platform.

— What we did

  1. 01 Drew a hard line around clinical staffing and clinical supply at the outset, in writing, and worked only outside it.
  2. 02 Consolidated procurement to a single schedule and renegotiated from volume the group had never presented as one buyer.
  3. 03 Rebuilt the revenue cycle around denial causes rather than denial volumes.
  4. 04 Merged nine finance functions into one shared service on a timetable the clinical leadership set.

Client identity withheld under the firm’s confidentiality standard. Figures are the client’s own, measured over the period stated. Past outcomes are not a guide to future results, and nothing here is a recommendation with respect to any security.