Health Innovation
HealthEdge Services
The healthcare industry is challenged by the internal desire to solve the growing number of healthcare system challenges of moving from volume to value care delivery system. This approach has resulted in minimal advances on many fronts, to include quality, patient safety, revenue enhancement, expense management, clinical risk management and many other strategic imperatives. The entrepreneurial lens to address the many long-standing issues facing the healthcare system, has resulted in the development of many creative, cost-effective and easy to implement solutions that can significantly advance the healthcare delivery system. Source Health Edge Services is a resource capabilities and advisory service to bring the leading healthcare solutions to you. We have evaluated hundreds of companies and have selected the best-in-class and innovative solutions to bring to healthcare executives.
We’ll Help You
Find a Personalized Solution
Our approach is to listen to executives needs and concerns and to introduce them to solutions that can have the greatest impact on the issues facing their organizations. This is not a “one size fits all” solution, but one that is sensitive to your organization strategic priorities, resource capabilities and band-width. We have sat in your seat and understand the complexities, political environment and the many internal and external drivers that are critical to the success of your organization.
Source Rural America
The challenges within rural healthcare across the country are unique and need to be addressed in a different manner than their urban counterparts.
How We Can Help
Resource Capabilities
Many entrepreneur entrants into healthcare have a great technology solution or service but lack the understanding of the healthcare industry. This includes the value proposition, pricing, decision making process, strategies to get in front of decision makers and the overall ability to navigate the complex healthcare industry.
Source brings decades of experience bridging the entrepreneurs and healthcare providers together to bring needed solutions to the bedside and healthcare industry. The perspective of having sat in the seat as a purchaser (healthcare executive) is invaluable to determine the success of a new technology or solution.
Advisory Services
Leadership is critical for the success of any organization, whether it be at the executive level or as board representative. Most entrepreneurs have deep domain and product/service expertise but may lack the market knowledge and dynamics to lead the organization into long term, sustainable success.
Source can accelerate commercial success for healthcare organizations through a strategic and operational focus on growth. Our expertise and experience can assist and guide company go-to-market strategies and growth success through strategies, strategic partnerships and an extensive national network. The company helps its clients thrive amid the complexities of a rapidly changing marketplace with deep domain expertise and an integrated application of research, strategy, and marketing
Best Practice Solutions
Executives are extremely busy and often do not have time to scan the industry for solutions to assist the organization meet the many challenges and opportunities healthcare organizations and physician enterprise face.
Source is led by a seasoned team of trusted advisors and entrepreneurs in multiple disciplines. With its team’s extensive background and experience in hands-on management and leadership, Source identifies, vets, certifies and strategically utilizes best-in-class resources in partnerships with seasoned subject matter experts to optimize the financial, operational and strategic objectives of our colleagues/clients. We will feature solutions that as former healthcare executives we feel you would like to learn about and possibly take a closer look.
Assessment of Organizational Priorities
Many entrepreneurs have a great technology solution or service but lack the true understanding of the healthcare industry and the critical issues and needed solutions. The alignment of healthcare critical issues/needs and service offerings is critical, and lack of alignment can have a significant impact on a company’s success of entering the market.
Source has the experience and understands both sides of the metric and can assist companies to strategically position to accelerate their presence in the market. Establishing the critical road map and key metrics will drive a healthcare companies’ success.
Identification of Practical and Cost-Effective Solutions
Executives are extremely busy and often do not have time to scan the industry for solutions to assist the organization meet the many challenges and opportunities healthcare organizations and physician enterprise face.
Source is led by a seasoned team of trusted advisors in multiple disciplines. With its team’s extensive background and experience in hands on management and leadership, Source identifies, vets, certifies and strategically utilizes best-in-class resources in partnerships with seasoned subject matter experts to optimize the financial, operational and strategic objectives of our colleagues/clients. We will feature solutions that as former healthcare executives we feel you would like to learn about and possibly take a closer look.
Solutions
Physician Coding – Data Analytics with Artificial Intelligence
One of the big challenges in acquiring physician practices or hospitals merging their physician enterprise is the diligence and ongoing monitoring of physician coding practices. Most organizations will do a sampling of physician coding practices, which leaves a high percentage of physician’s practices that are not fully assessed. Obviously, this can result in significant compliance exposure for over coding or under coding and result in revenue loss when a physician is under coding due to poor documentation. The manual process of auditing physician coding practice results in greater risk for the acquiring physician practices, the merging of hospitals which employ physicians, the PE investment in physician practices and the overall monitoring of coding practices.
Population Health, Readmission Reduction, Coordination of Care
Reducing readmission rates is a major focus for hospitals across the country. This solution can be a great tool for managing population health with the critical clinical data that allows for interventional analytics versus retrospective analytics. It is critical for health systems to manage their post-acute provider network and ensure that they are aligned with the broader population health strategies. Managing the acute and post-acute markets will be critical in improving and coordinating care, reducing readmissions, and reducing overall cost.