Process and Experience
Richard Beveridge & Associates, Inc. specializes in providing innovative, high quality, customized cardiac, vascular & imaging business solutions. We understand the dynamics of the current healthcare environment with its high degree of uncertainty and constantly changing terrain. We recognize the importance of multi-disciplinary teams comprised of multispecialty physicians and hospitals working collaboratively to provide the highest quality, cost effective health care services. All of our planning services are structured to develop and enhance the relationships between the hospitals and physicians. We utilize a multi-disciplinary approach and design our consulting processes to allow valuable input from all program stakeholders in an effort to develop the trust, commitment and team approach that we believe is critical to ensure cardiac, vascular & imaging program success.
Sample Success Stories:
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RB&A helped plan, develop and implement an interventional cardiology and cardiac surgery program that became "Best-in-State" for quality within three years of opening.
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RB&A performed a practice valuation for a large cardiology group practice that netted the owners 200% of the original purchase price offer.
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RB&A helped develop a gainsharing structure comprised of a multidisciplinary team of specialists that oversee an $80 million cardiac & vascular service line and participate in the cost-savings generated through the team's efforts.
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RB&A consultants helped a physician client improve the practice's revenue cycle that resulted in an increase in annual cash flow by over $1 million through enhanced accounts receivable management processes.
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RB&A designed an innovative organizational and governance structure for a large cardiology group that allowed input from all practice shareholders, enhanced physician morale and collegiality, and improved decision-making processes.
Each consultation we provide is fully customized to the client's unique needs. While we have extensive knowledge and experience, we are committed to never "take your problem and fit it into our solution". We fully understand that what works for one client at another location won't necessarily work for you. To that end, we listen to our clients describing their needs and problems; we collect and analyze client specific data to understand the specifics and unique nuances that exist in each market. We continually invest in furthering the education of our consultants and in developing our proprietary database of health care information. In performing our analyses. we utilize our vast source of data as well as industry data from outside sources so that we can understand each client's unique position and strengths in the specific healthcare market.
We believe that we work best when "we work ourselves out of a job". A consultant's role should be one of providing objectivity: honest answers to a client's questions and innovative, workable solutions to a client's problems. Our consultants work with clients in bringing about needed and meaningful change to their programs or practices. We're experts in teaching, training and motivating staff to achieve exceptional results!
We work hard to reduce consulting project-related travel expenses. RB&A understands the costs incurred by clients for consultant travel and uses available technology to reduce these costs, where feasible. We do our best to ensure that all travel arrangements are scheduled and booked in a timely manner to reduce travel expenses to our clients. We consistently strive to obtain the lowest airfares and apply any discounts available to us as preferred business travelers for airfare, hotels, car rentals, etc.
Once the initial onsite visits have occurred to familiarize RB&A consultants with each client's unique situation, facilities, market, and participating staff members, on-line meeting technology for interim presentations is utilized to reduce the travel expenses associated with a site visit. RB&A can't eliminate all travel expenses to the clients but we work hard to make sure each visit is exceptionally planned, discussion & presentation material is well prepared, and the objectives established for each visit are met. RB&A bills all travel expenses at cost without any additional markup like occurs with some firms.