Project Description
SOUTHERN REGION:
A 400 hundred bed hospital with a sophisticated, well-positioned cancer program was strategically focused on the opening of a new cancer center by another hospital in the same community. ECG consultants collaborated with hospital leadership on three projects spanning a ten year period.
ECG consulting services included:
• Oncology strategic plan development incorporating market and competitive benchmarks, interview findings, and recommendations from strategic planning working groups.
• Comprehensive financial analyses reflecting varying joint venture options between the hospital and a large group practice for collaborative development of medical oncology and radiation oncology services under multiple organizational structures.
• Detailed financial proformas included cross-walking reimbursement principles for physician and hospital-based services at the HCPCS code level.
• Key project objectives included quantifying the impact of service provision under varying scenarios for the respective parties with the goal of determining potential collaborative service offerings in oncology.
Outcome:
The parties are negotiating a new organizational arrangement.