WARBIRD’S PHYSICIAN PRACTICE SOLUTIONS

 

  • Strategic Planning and Physician Network Development
  • Practice Divestiture & Acquisition Strategies
  • Market Analysis and Practice Growth
  • Ambulatory Care Strategy and Planning
  • Physical Location Optimization
  • Assessment of Policies and Strategies Regarding Uncompensated or Partially Compensated Care
  • Physician-Hospital Alignment Initiatives
  • Practice Organizational and Management Restructuring
  • Performance Improvement Assessments and Implementation, including Revenue Cycle
  • Physician Compensation Analysis and Plan Development
  • Labor Productivity Analysis, Reporting Tools, and Implementation Resources
  • Personnel and System Integration within the Practice and Health System
  • Support Costs and Overhead Assessment and Restructuring
  • Comparative Benchmark and Standardized Performance Expectations
  • Clinical Process Enhancement and Practice Redesign
  • Interim and Direct Placement of Resources for Practice Leadership, Revenue Cycle, and Management
  • Practice Electronic Health Record (EHR) Hands-on-Training and Optimization
  • Analytics Optimization and Dashboard Reporting
  • Consolidating / Comparative Service Line Profitability Analysis
  • Comparative Benchmark Analyses of Expected Annual Net Gains/Contributions or Losses/Subsidies per Physician within a Group Practice
  • Improvement of Operating Margin and EBIDTA
  • Return on Investment (ROI) Analysis
  • Practice Financial Reporting Tools and Monitoring
  • Fair Market Valuation of Practice Acquisitions and Provider Agreements

WHY WARBIRD

Warbird deploys experienced and tenured practitioners who deliver actionable and results focused solutions that improve physician practice performance.

Implementing carefully designed performance improvement plans and integrated reporting tools and dashboards, Warbird’s professionals work with physician practices to achieve sustainable financial and operational results.

Featured Clients

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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
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Centegra Physician Group Practice

$14M in operating gains plus $9M in restructuring gains for total economic benefit of $23M within 12 months of the engagement

Michael Eesley, Former President & CEO, Centegra Health System
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Cottage Health, Santa Barbara

Standardized and created template compensation and benefit plans to recruit pediatricians and other specialties

Steve Fellows, COO and Brent Tande, CFO
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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