Trending insights for health care organizations
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Improve performance today and innovate for tomorrow
Rising labor and resource costs, supply chain disruption, technology enhancements, declining reimbursements, evolving incentive models, increased regulatory scrutiny and staffing shortages have all contributed to the accelerated demand for transformation throughout the health care industry.
These trends have created a complex array of interconnected operational, financial, technological and regulatory challenges across the industry. As a result, health care organizations are increasingly challenged to improve performance today while innovating for tomorrow.
As a trusted leader in assurance, tax and consulting services developed especially for the health care industry, RSM is uniquely positioned to help address these biggest challenges—so you can keep your focus on the well-being of your patients.
3,500+
Health care clients
~800
Health care industry advisors
Our clients include large multihospital health systems, regional hospitals, children’s specialty care providers, behavioral and mental health facilities, physician practices, ambulatory care centers, long-term care facilities, dental practices, and more. We have deep experience working with not-for-profit, private equity and governmental health care organizations.
Where there are challenges, we see opportunities for growth
Declining margins, changing reimbursements, supply chain disruptions and labor resource constrictions continue to affect performance. Achieve financial growth and sustainability through margin transformation services that take a holistic approach to optimizing revenue cycle operations, payer strategies, clinical operations, governmental funding, supply chains, digital technologies, data and more.
Begin your journey to financial and operational excellence:
- Margin transformation
- Payment strategy
Health care organizations are struggling with expanding, fragmented and siloed data sources. Artificial intelligence (AI) tools, data analytics applications and cloud solutions serve as powerful building blocks for addressing these challenges and implementing successful growth strategies for your health care organization. With the right tools and the right advisor at your side, digital transformation initiatives can drive financial, operational and clinical performance improvement across the entire health care continuum.
Enable better business decisions:
The availability of patient data continues to make the Health Care organizations a target for cyber and privacy threats. RSM helps clients gain control over data security with a resilient and cost-effective approach to cybersecurity and data privacy. We help you understand, actively manage and plan mitigate cybersecurity threats and disruptions in ways that minimize cost and system downtime.
Industry consolidation, organic growth, regulatory requirements, changing care delivery models and technology enhancements are all driving the boundaries of risk far outside the scope of a single health care organization’s walls. While the risks keep expanding, the availability of labor resources to manage those risks keeps shrinking. It’s critical for modern health care organizations to optimize their risk management approach and ensure mitigation of the expanded risks related to AI implementation, laboratory operations, price transparency and more. RSM serves as a strategic advisor focused on upskilling your risk management efforts as well as boots on the ground to help you transform from a reactive to a proactive approach.
Reduce risk and uncover hidden value in managing risk:
New technologies, regulatory requirements, changing consumer expectations and a variety of industry demands are forcing the rapid and dynamic evolution of modern health care organizations. As a result, the health care industry continues to see exponential increases in deal activity as well as strategic partnerships. Organizations must accelerate and maximize value, drive efficiencies, and navigate industry consolidation efficiently through all aspects of valuation, due diligence, integration, divestiture and more.
Accelerate value and drive efficiency:
As patient engagement and consumerism reshape the health care landscape, health care organizations must deliver enhanced patient satisfaction, improved access and increased overall value. RSM helps clients optimize the patient experience and deliver equitable, digitally driven care models to successfully navigate the new reality of health care.
Optimize your patient experience and engagement:
- Price transparency
- Value-based care
Featured client success stories
Custom solution addresses denials dilemma for Gillette Children’s
“There was no easy way to pull data together from our clearinghouse and our electronic health record system, and once we did run reports, our computers would time out when we tried to pull something like claim number by medical service type. We were wasting time and didn’t see meaningful results.”
Ashley Karlen, Vice president of revenue cycle at Gillette Children’s
“It’s infrequent that you have to consider the fact that you could be compromised. What would happen if someone gained access? This incident changed our way of thinking.”
Hospital’s security executive
Community hospital hit with ransomware attack
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