WARBIRD’S ANALYTICS OPTIMIZATION

Warbird’s Analytics Optimization services provides healthcare organizations with proven analytic tools and the practitioner-consultants who have leveraged those tools to deliver durable strategic, financial, and operational improvements to the nation’s leading health systems. Warbird’s professionals assess existing IT platforms and current data capture and reporting processes to design customized analytics that enhance decision-support.

Analytics Optimization Resources

Strategic Decision Tools

  • Service Area Market Analysis
  • Ambulatory Planning and Site Selection
  • Physician/Provider Need Analysis

Financial and Operational Decision Support

  • Financial Forecasting
  • Service Line and Provider Contribution Margin Analysis
  • Debt Capacity & Credit Quality Analysis
  • Labor Productivity Analysis
  • Physician/Provider Productivity Analysis
  • Physician/Provider Compensation Analysis
  • Service Line and Provider Contribution Margin Analysis
  • Telemedicine/Virtual Care Value Attribution Analysis

Warbird’s professionals work with healthcare organizations on an engagement-specific, interim, or full-time basis to assess and analyze priority issues. For both advisory engagements and interim assignments, Warbird’s professionals can leverage virtual and remote access technology to partner with healthcare leadership teams. Whether provided virtually or in-person, Warbird’s practitioner-consultants apply tested experience customized analytic solutions to enhance an organization’s decision support and information systems. Warbird converts data to the actionable information healthcare organizations need.

Warbird’s Analytics Optimization Services includes the development of dashboard reports. These dashboards begin with board and executive-level summary reports that cascade to reflect detailed operating reports. Whether these reports are in areas like labor productivity, financial reporting, physician productivity, or other functional areas, Warbird uses industry-leading technology solutions to design actionable reporting systems that quickly inform organizational decision-making at each level of management.

Central to Warbird’s deliver of Analytics Optimization Services is providing clients with sustainable decision support and management reporting tools. To ensure the sustainability of these analytic tools, Warbird tailors analytic solutions to match each organization’s particular information system needs. Warbird’s professionals provide hands-on training that engages and empowers an organization’s staff to ensure effective and sustained utilization of these analytic platforms.

WHY WARBIRD

Warbird’s capabilities and service offerings are linked to improving the long-term strategic and financial performance of healthcare organizations. Because of Warbird’s unique practitioner insights and orientation toward finance and performance improvement, providing healthcare organizations with the tools to measure and report success is a core competency of our firm. We leverage this orientation to provide hospitals, health systems, and physician practices with the tools and resources needed to enhance decision-making and sustainably improve organizational performance.

Featured Clients

Click to read more…

Renown Health

Successful closure rate for new contracts presented to new providers improved to exceed 80% from an original rate of less than 50%, prior to development of the new plan

Sy Johnson, COO
Read Case Study

Centegra Health: Information System Improvements

Improvements in group practice IT, helped to drive $14M in operating margin gains within 12 months

Kathleen Bayer, Senior VP & CIO (former), Centegra Health System and Vice President, Chief Information Security Executive (current), Northwestern Medicine
Read Case Study

Intermountain Healthcare Telemedicine/Virtual Care

Calculation of 20% positive hard economic value proposition gain for Telemedicine Program

Eric Liston, Administrator, Connect Services & Jim Sheets, VP, Outreach Services
Read Case Study

HOW CAN WE HELP?

Warbird will help you solve the most challenging financial and operational issues for your organization. Click button to contact us today.

DOUG FENSTERMAKER

Managing Partner and Sr. CFO

Doug has 35 years of healthcare experience, primarily in executive management and senior leadership positions. Doug has functioned successfully as a managing partner in several roles including his present role as leader of the CFO Consulting Network within Warbird’s Healthcare Practice. He has also performed as a Sr. CFO (interim) and Sr. Financial Advisor to hospital and system clients. He has provided expertise in financial turnarounds and in margin and performance improvement efforts. Doug also assists Warbird Healthcare in business sales origination and client network relationships. He joined Warbird Consulting Partners as its Healthcare Managing Parter in January 2012.

Sub-Specialties

  • System integration, acquisitions and hospital closure process and management (asset rationalization strategies)
  • Performance and margin improvement
  • Turnaround and preparation for an affiliation or merger integration
  • Long-range strategic planning
  • External business strategies, process and relationships, including acquisitions, divestitures, affiliations and mergers
  • Post-turnaround implementation profitability programs and measurement
  • Specialized Subject Matter Expert projects

Professional Experience

In 1999, Doug joined Stockamp & Associates as a partner and managing director. Stockamp was acquired by Huron Consulting Group in 2008. Prior to his tenure at Stockamp, Doug’s career included 18 years of experience as a CFO, including work for the HealthEast Care System in St. Paul, Minnesota and at Good Samaritan Hospital within the Legacy Health System in Portland, OR. While at Legacy, Doug also served as Corporate Senior Vice President for Managed Care and Revenue Management.

Doug has a BA in Economics from the University of California, Santa Barbara and a Master of Public Administration (Financial Planning) from California State University, Long Beach.

 

CONTACT

EDUCATION AND CERTIFICATIONS

Bachelor of Arts, Economics: University of Southern California, Santa Barbara

Master of Public Administration (Financial Planning); California State University, Long Beach

PROFESSIONAL ASSOCIATIONS

Healthcare CFO Roundtable, member since 1993

Healthcare Management Academy, member since 2001

American Hospital Association, executive liaison since 2007

MICHAEL DRAA

Chief Executive Officer and EVP Healthcare

Michael R. Draa has been our Chief Executive Officer since January 1, 2012 when he formed Warbird Consulting Partners by leading a management buyout of the Accounting Advisory Practice from Huron Consulting Group. While at Huron, Michael served as the Practice Lead for the Accounting Advisory Practice. Prior to joining Huron, he was a partner at Callaway Partners, overseeing National Service Delivery on all projects. Mike also currently serves as the acting EVP of Warbird’s U.S. Healthcare Practice.

Mr. Draa has more than 30 years of accounting and consulting experience during which he has held several executive and senior management roles including accounting, sales and marketing and operations. During that time he has successfully led both strategic and tactical projects and teams. Mike’s deep industry experience includes Healthcare, Technology, Manufacturing, Automotive, and Media and he has vast expertise in many functional areas including: management of restatements, turnarounds, bankruptcy reorganization and liquidation, mergers and acquisitions, joint ventures, system conversions (ERP), shared service implementation, start-ups, compliance, process re-engineering and technology ventures.

Mr. Draa sits on the Board of Directors of non-profit organizations and holds a degree in accounting and business management from Cedarville University.