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         Outsourced Services The Case for Outsourcing
Challenges for Healthcare Providers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Typical Back Office Responsibilities & Functions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Are you a vendor manager?   Provide the best quality health care? Community outreach? Patient care? Growth of business? Culture development? Nurture alliances and  partnerships? Profitability? Competitive advancements? Market changes? Keeping good employees? HIPAA &  Patient Safety Business Consultant Credentialing Expertise Technology  Support Staff &  Recruiting Service 3 rd  Party & COBRA Administration Employer Legal Council Accountant  Tax Preparer  Payroll Service Provider Employee Benefit Insurances 401K  Workers Compensation & Liability Insurances Outside Human Resource Expertise   You  &  Your  Facility
Why Outsourcing makes sense Source: “The Black Book of Outsourcing” by Brown and Wilson ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Employment Law Regulation From the early 1900’s to current - new laws and regulations create business  challenges
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Employment Law Regulation   Protect yourself from potential lost profits
MedHQ can help contain the rising costs associated with being an employer. Human Resources Expenditure  per Employee
Employee Turnover Costs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Compilation of turnover cost studies Sasha Corporation,  Since 1984  HR Consulting & Development
[object Object],[object Object],[object Object],[object Object],[object Object],Outsourcing Value Add
Typical Business Office Functions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Time and Focus on Your Facility  You & Your  Facility Growth Profitability Company Culture Patient Care Increased Revenues Build Alliances & Partnerships Community Outreach State-of-the-Art Healthcare Services Facility of Choice
Time + Money + Focus = Total Bottom Line Costs 401K Provider  Recruiting Services HR Legal Council Added Admin   Overhead ______ ______ ______ ______ ______ ______ Payroll Service TPA Costs/Annual Renewals Supervisor Training ______ Core Time Lost Total Annual Payroll _______ Current  MedHQ  Total Annual Payroll $   _______ ______ ______ IT Support Employee Turnover Cost ______ Compliance & Safety ______ $ $  ______ _ $ ________ MedHQ’s Platform of  Services People  Expertise Technology $_______
[object Object],[object Object],[object Object],[object Object],[object Object],Why MedHQ ?
“ We have been working with MedHQ for five years. The medical benefits provided through MedHQ are best of class, have  kept us competitive in the market and has helped our ASC partners attract and keep great employees.  This could not have been accomplished on our own. There are so many back office functions to attend to in running an ASC. MedHQ has  provided our ASC partners accounting solutions that are timely and accurate. We trust our MedHQ team and know that our bottom line has been impacted by utilizing the accounting resources provided by MedHQ”   Thomas Mallon, Chief Executive Officer, Regent Surgical Health “ On a monthly basis, our Accounting Specialist and I have constant communication about the budget, taxes, billing, revenues, expenses, and Blue Cross.  There is no one single event that stands out; rather, accounting specialist is a steady, reliable resource to me for concerns and questions that we have in these areas. When I have been pressed for time in preparing for my board meetings, he will do his utmost to speed things along so that I can have the monthly financials as quickly as possible.” Thomas Holecek, Administrator, Palos SurgiCenter Palos, IL Why MedHQ?
With MedHQ it does not have to be a challenge anymore… MedHQ specializes in providing Accounting Expertise, Payroll Management - Time & Attendance Solutions, Human Resources, Employee Benefit  Management, IT Solutions, Credentialing and Consulting  exclusively  to Healthcare Business MedHQ The Experts for Healthcare Back Office Operations
2.  HR Audit Process Assess Needs   4.  Approve Proposal Concept 3.  Select and Execute  Strategies Is MedHQ the solution for you? 1 . Assess Business  Fit
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Case for outsourcing sales presentation

  • 1.         Outsourced Services The Case for Outsourcing
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  • 4. Are you a vendor manager? Provide the best quality health care? Community outreach? Patient care? Growth of business? Culture development? Nurture alliances and partnerships? Profitability? Competitive advancements? Market changes? Keeping good employees? HIPAA & Patient Safety Business Consultant Credentialing Expertise Technology Support Staff & Recruiting Service 3 rd Party & COBRA Administration Employer Legal Council Accountant Tax Preparer Payroll Service Provider Employee Benefit Insurances 401K Workers Compensation & Liability Insurances Outside Human Resource Expertise You & Your Facility
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  • 6. Employment Law Regulation From the early 1900’s to current - new laws and regulations create business challenges
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  • 8. MedHQ can help contain the rising costs associated with being an employer. Human Resources Expenditure per Employee
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  • 12. Time and Focus on Your Facility You & Your Facility Growth Profitability Company Culture Patient Care Increased Revenues Build Alliances & Partnerships Community Outreach State-of-the-Art Healthcare Services Facility of Choice
  • 13. Time + Money + Focus = Total Bottom Line Costs 401K Provider Recruiting Services HR Legal Council Added Admin Overhead ______ ______ ______ ______ ______ ______ Payroll Service TPA Costs/Annual Renewals Supervisor Training ______ Core Time Lost Total Annual Payroll _______ Current MedHQ Total Annual Payroll $ _______ ______ ______ IT Support Employee Turnover Cost ______ Compliance & Safety ______ $ $ ______ _ $ ________ MedHQ’s Platform of Services People Expertise Technology $_______
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  • 15. “ We have been working with MedHQ for five years. The medical benefits provided through MedHQ are best of class, have kept us competitive in the market and has helped our ASC partners attract and keep great employees. This could not have been accomplished on our own. There are so many back office functions to attend to in running an ASC. MedHQ has provided our ASC partners accounting solutions that are timely and accurate. We trust our MedHQ team and know that our bottom line has been impacted by utilizing the accounting resources provided by MedHQ” Thomas Mallon, Chief Executive Officer, Regent Surgical Health “ On a monthly basis, our Accounting Specialist and I have constant communication about the budget, taxes, billing, revenues, expenses, and Blue Cross. There is no one single event that stands out; rather, accounting specialist is a steady, reliable resource to me for concerns and questions that we have in these areas. When I have been pressed for time in preparing for my board meetings, he will do his utmost to speed things along so that I can have the monthly financials as quickly as possible.” Thomas Holecek, Administrator, Palos SurgiCenter Palos, IL Why MedHQ?
  • 16. With MedHQ it does not have to be a challenge anymore… MedHQ specializes in providing Accounting Expertise, Payroll Management - Time & Attendance Solutions, Human Resources, Employee Benefit Management, IT Solutions, Credentialing and Consulting exclusively to Healthcare Business MedHQ The Experts for Healthcare Back Office Operations
  • 17. 2. HR Audit Process Assess Needs 4. Approve Proposal Concept 3. Select and Execute Strategies Is MedHQ the solution for you? 1 . Assess Business Fit
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Notes de l'éditeur

  1. Timely and Accurate Financial Information Efficient / Effective HR Administration Payroll, Employment Law Compliance, Benefits Administration Credentialing Files
  2. I’d like to talk more specifically about the services we provide to healthcare businesses
  3. Outsourcing is pervasive; it’s very popular in healthcare. Here are some of the reasons businesses in general outsource. So they can focus on their core competencies. So they can avoid investments in non-core activities. So they can save money or enhance revenue. And so they can improve quality – which I put into the category or reducing risk. There are a myriad of ways Outsourcing can free up your precious capital and critical staff resources so that you can focus on activities that are core to your facility, such as providing excellent clinical and patient care So, if it’s such a great idea, then the question is not whether to outsource (at least some of) your non-core back office activities. Rather, the question is “How” to outsource them.
  4. I’d like to talk more specifically about the services we provide to healthcare businesses
  5. With our customers and for our services, we apply the OODA-Loop