A community hospital in the Northeast retained Warbird’s professionals to perform a labor productivity analysis and design and implement a sustainable staffing system that matched labor supply to patient/volume demand. Warbird’s professionals assessed the hospital’s labor cost-management opportunities, aggregated that data into workforce tables and management productivity dashboard monitoring tools, and developed shift management tools and trained front-line managers in the utilization of those analytical tools […]

Warbird Consulting Partners and Warbird Municipal Advisors have worked with Penn Highlands Healthcare on several projects over the last few years. The key projects have involved debt planning types of projects such as debt capacity analyses, rating agency meeting preparation, and analyses of various financing structures, as well as revenue cycle projects […]

Warbird Consulting Partners has provided interim staffing to Memorial Healthcare (Owosso, MI) for a few positions over the past couple years and, most recently, provided an Interim Benefits Manager. Given the experience of the interim individual, this person was extremely successful providing not only excellent service with respect to benefits, but much broader Human Resources activities as well […]

As part of Warbird’s broader performance improvement services provided to Centegra Health Systems of Northwestern Illinois, Warbird provided IT technical subject matter expertise to improve performance systemwide. The IT aspects of the engagement were focused on physician billing practices, use of its ambulatory software, the group practice EHR and an assessment of the existing software build in anticipation of a pending affiliation with Northwestern Medicine in Chicago […]

Starting in 2019, for the purpose of providing more accessible patient business services while improving efficiency and performance, Trinity Health began a corporate initiative to standardize and centralize all back-end revenue cycle functions into three Patient Business Service Centers. This was one of Trinity’s two most important initiatives of 2019-2020 […]

Methodist Hospital of Southern California is an acute care hospital with 348 licensed beds located in Arcadia, California. The Hospital’s total operating revenues for fiscal year ended December 31, 2017, were $297.5 million. Warbird Municipal Advisors served as the Hospital’s Financial Advisor on a $251.8 million tax-exempt bond issue to refinance existing FHA-insured debt […]

The Cottage Health leadership team engaged Warbird as a strategic and technical advisor to perform an assessment of Cottage’s existing physician compensation arrangements and develop a new comprehensive physician compensation plan. This new physician compensation plan was required to enhance Cottage’s ability to recruit and retain provider resources and provide Cottage’s executive with a roadmap to strategically expand its aligned provider group […]

In fiscal year 2014, Wake Forest Baptist Health faced (WFBH) several operational challenges resulting in a $70 million loss. To quickly identify and resolve the problems they brought in an interim chief financial officer (CFO) from Warbird Consulting Partners. In addition, Warbird provided key “practitioner” consultants throughout the AMC’s revenue cycle to execute on operational and performance improvement initiatives […]

Performance Improvement Assessment Provides Distressed Rural Hospital with Plan and Resources that Delivers $4M in Savings in First 9 Months. The Stephens County Hospital Authority, the governing body for a $40M NPR rural community hospital, retained Warbird’s professionals to perform a Performance Improvement Assessment. Warbird’s professionals developed a comprehensive report that identified approximately $5M in cost savings and revenue enhancing opportunities […]

The hospital CFO contacted Warbird’s revenue cycle professionals to discuss the hospital’s poor financial performance, lack of revenue cycle functionality, and limited cash on hand. The hospital was interested in understanding options to improve financial viability, revenue cycle outcomes, and system accountability […]

A comprehensive analysis, restructure and performance improvement engagement of Centegra Health System, a $550 million Net Patient Service Revenue community health system. Centegra had executed a letter of intent with Northwestern Medicine System. Prior to closing the transaction, Centegra was required to improve its financial and operating performance […]

From Many Pieces to One Program: Building an Employed Physician Compensation Plan. At one Medical Group, Warbird was engaged to set a new course and ensure a consistent approach to a new employed physician compensation plan. The process began with an assessment of the client’s current state, contrasted it to benchmark data and began to build a comprehensive compensation plan for employed providers (physicians and others) […]

Quorum Health Corporation is a national, investor-owned operator of acute care hospitals. Following Quorum’s spin-out from Community Health Services, Quorum retained Warbird’s M&A advisory team to assist Quorum with its strategic divestiture efforts. The client selected the Warbird M&A team to broadly market the selected hospital assets due to their extensive contacts and relationship capital with qualified national buyers and regional strategic operators […]

This Modern Healthcare profiled transaction involved Atrium Health’s (formerly Carolinas HealthCare System) first expansion into the Georgia market. After another advisory firm representing the “deal” produced a LOI for the parties, several months of protracted negotiations with little movement beyond the initial high-level terms of that LOI followed. Navicent Health’s Board decided that independent advisors were necessary and hired Warbird’s transaction advisory team […]

The local community directors of a Mayo Clinic affiliate health system retained Warbird’s M&A professionals after the Mayo Clinic shared its desire to vacate its role as the sole member of the $150M net patient revenue health system in Waycross, GA. The affiliate system was experiencing an annual operating loss of $24 million, leaving the local community directors with concerns about the long-term sustainability of the hospital […]

An acute care provider with three facilities totaling 394 licensed beds located in Lake Charles, Louisiana. The System’s total operating revenues for fiscal year ended December 31, 2018, were $380.9 million. Warbird Municipal Advisors served as the System’s Financial Advisor on a $104.9 million tax-exempt bond issue to refinance existing debt and raise proceeds for new projects […]

Warbird Consulting Partners working in close coordination with Intermountain Healthcare (HC) Telemedicine team designed a methodology and related financial models to enable Intermountain HC to quantify internal economic benefits generated across the health system and potential financial benefits for the local communities served by Intermountain HC […]

Warbird Consulting Partners, at the request of the client, provided interim CFO and subject matter expert services to an affiliate of the DuPage Medical Group on behalf of a public-private partnership. The partnership involved private healthcare management and several suppliers and contractors, the City of Chicago, the State of Illinois and […]

Warbird provided strategic advisory services as our client pursued a significant growth strategy in southeast Florida and explored strategic opportunities for its information systems and back office services. These services not only provided strategic analysis but on the ground assistance in the implementation and operational staffing […]

Warbird deployed a CEO and CFO for this small health system located in northern Illinois to provide performance improvement. Centegra had fairly well developed affiliation discussions with a major Chicago-based health system, Northwestern Medicine, but Northwestern did not want to move forward unless the financial operations of Centegra were sustainably turned around […]

Warbird deployed an interim CFO and other relevant subject matter experts to assist our client with its operational and performance improvements. The results speak for themselves. The organization was at break-even by the end of second quarter 2016, profitable in third and fourth quarters and ended the year with a 3.8% operating margin, […]

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