Financial Advisory Services

If you don't have a well-defined business plan, you have a problem. We can help.

As value-based care continues to transform the healthcare system, organizations that approach business as usual can expect to lose their usual business. The changing healthcare environment presents hospitals and provider groups with new challenges and considerable uncertainty, as well as a number of opportunities. In turn, it has probably never been more important for hospital and health system leaders to develop a clear vision and direction for their organizations.

ECG's business and financial advisory services help move organizations from vision to action. We not only help you articulate your vision for the future, we put it through rigorous analysis, modeling, and testing to ensure it's the right plan for your organization.

Our comprehensive assessments include:

Market trend analysis and volume projections
Operational and capital requirements
Financial modeling and impact analysis
Scenario development and sensitivity analysis
Return on investment (ROI) determination
Performance metric development
Venture partner evaluation

We also have extensive experience in the evaluation, facilitation, and development of plans to support a full range of business initiatives:

New program development
Investments in facilities and technology
Ambulatory/outreach services and facilities
Joint ventures
Mergers and acquisitions
Other business relationships/transactions

Our consultants possess in-depth expertise and a critical understanding of the strategic, operational, financial, technological, and political implications involved in business planning. We also have a highly focused view on what it takes to create successful and sustainable business and financial plans, which has established ECG as a trusted adviser to hundreds of hospitals and health systems across the country.

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June 16, 2021

Extend the Behavioral Health Workforce by Choosing the Right Care Model

Demand for behavioral health services will continue to grow, and new solutions are required to extend already scarce behavioral health resources to meet communities’ needs.

February 25, 2015

Revenue Cycle – A Path to Integration

Managing a revenue cycle has never been the most glamorous component of running a healthcare organization. Preregistering patients, collecting co-payments, submitting claims, and ultimately obtaining reimbursement for services is a costly and cumbersome process. It's also an essential one, since this is how healthcare providers are paid for the work they do.

August 31, 2013

Hospital/Physician Payment Arrangements: Strategic Investments

This article is the second in a series that describes the most common types of hospital/physician payment arrangements within an academic medical center.

March 5, 2013

Maximizing the Investment in Your Community Health Needs Assessment

With the passage of the Affordable Care Act, all not-for-profit, nongovernmental hospitals must complete a 3-year community health needs assessment (CHNA) by the end of FY 2013. This article discusses how the CHNA can provide a new opportunity for hospitals to pursue their mission and expand their presence in the regions served.