Healthcare Financial Advisory Services
Critical Healthcare Financial
Guidance in Uncertain Times
Healthcare organizations face a flurry of unfavorable economic conditions in an increasingly complex industry.
Huron’s industry-leading team works with healthcare leaders to prevent financial management missteps and prioritize business decisions that reset the financial trajectory of their organizations.
Financial Turnaround
When healthcare organizations are managing escalating financial stress, Huron recognizes the response must be urgent and direct.
Our deep industry experience enables our team to quickly understand your healthcare organization’s financial position and recommend immediate next steps to improve financial performance.
Fast-Moving + Focused Support
Financial Stability
Implement
Prioritize
actions
Quickly confirm current state
FINANCIAL RAPID RESPONSE
Move from assessment to accelerated implementation in as soon as 30 days. Faster than traditional performance improvement approaches, our rapid response is built to quickly realize value for our clients.
Huron works with healthcare leaders to plan and carry out
financial turnaround and stabilize financial operations.
Customized + Specialized Solutions
Our Approach
Action plans customized to your level of financial stress
Get Focused
Response teams matched to your specific business and culture needs
Start working
Stabilize, optimize, and reposition for the future
Drive outcomes
Increase
cash flow
Preserve liquidity
Forecast with certainty
Stabilize operations
Secure new partnerships
Improve labor costs
Increase net income
Lead through change
Emerge with stronger culture
Accelerated Performance Improvement
Urgent Turnaround
Strategic Performance
Improvement
Missing budget
Increasing board pressure
Decreasing cash
on hand
Difficulty making
vendor payments
Triggering debt covenants
Difficulty making
payroll
Mild
Pressure
Moderate
Pressure
High
Pressure
1
2
3
• Revenue yield improvement
• Liquidity management
• Lender negotiations
• Focused and organizationwide cost management
• Service line analysis, rationalization, and growth
• Strategic partnerships, including mergers and acquisitions
• Outsourcing options
• Debt capacity planning
• Change management and leadership training
• Strategic communications
• Outside consultant turnaround reporting
The approach to your financial improvement is customized to your level of urgency, risk tolerance, and desired impact.
Priorities and Initiatives
Potential priorities might include:
Financial
and corporate
finance expertise
Healthcare operations performance improvement
Change
management
implement
prioritize
actions
Quickly confirm
current state
Start a Conversation
Start a Conversation
Healthcare organizations face a flurry of unfavorable economic conditions in an increasingly complex industry.
Huron’s industry-leading team works with healthcare leaders to prevent financial management missteps and prioritize business decisions that reset the financial trajectory of their organizations.
