Hospital Financial Management

PCG has more than 20 years of hands-on experience helping governments maximize revenues and streamline processes. Our consultants have helped public and private hospitals and health systems with all phases of the revenue cycle, specializing in cost accounting, cost analysis, and rate setting. Whether you need a detailed review of a hospital’s cost structure, or a utilization analysis of access to high-quality care, or assistance with the hospital privatization process, PCG provides the expertise and tools to effectively and efficiently improve the healthcare delivery system. While many consultants provide reports and recommendations, PCG focuses on executing strategy and implementing solutions.

Department Budgeting and Forecasting

We help government entities and hospitals improve the efficiency of the budgeting process and the accuracy of budget projections.

Cash Forecasting and Cash Flow Analyses

PCG provides a comprehensive financial analysis that compares the timing and amount of cash inflows with the timing and amount of cash outflows. This can be accomplished for the entire business or for departments, to help with decisions about purchasing new equipment or technology.

Cost Accounting

We will analyze your health care cost accounting procedures and recommend improvements to maximize financial results and revenues. Specifically, PCG is expert at Activity-Based Accounting, which can best assign indirect costs into direct costs to allow health care providers to appropriately price their services.

Return on Investment (ROI) Analyses

PCG performs a detailed evaluation of the efficiency and cost effectiveness of implementing new programs, purchasing new technology, or investing in the development of the service delivery system.

Billing and Operations Activities

We assist health care providers in identifying inefficient billing and operations practices, and implement techniques to improve payment accuracy and cash flow. PCG can quickly assess a provider’s accounts receivable activities and implement business process improvements that will reduce the amount of time your invoices remain in A/R.

Program Integrity Review and Auditing

PCG’s team helps hospitals ensure that funds are being used in the most medically appropriate and cost-effective manner.

System Utilization and Access Analysis

We will analyze utilization, costs, and outcomes at all levels of the delivery system and provide recommendations to make short-term and long-term improvements to access to care or cost control.

Utilization and Expenditure Forecasting

We will help you integrate multiple data sources to create sophisticated utilization and expenditure forecasting models that can be used by providers to estimate future resource needs.

Services pricing

PCG can maximize your hospital revenues by accurately pricing medical services through System-Wide and Provider-Specific Pricing and Reimbursement Methodologies.

Procurement strategy development

Merger and acquisition analysis

Network development and contracting

Management Consulting

Revenue maximization

Data analysis and management reporting