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 […]

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, […]