Envisioning the Future of Healthcare Where are we going and how do we get there? With an aging and increasingly sick patient population triggering skyrocketing healthcare costs and changes to delivery and reimbursement systems, the future of the healthcare industry is as complicated as ever. Please join Husch Blackwell, Pinnacle Healthcare Consulting and guest speaker Ford Koles, Executive Director of The Advisory Board Company, for a half-day seminar discussing strategies for mapping out a plan for your healthcare organization's future.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Join Pinnacle Helathcare Consulting at the Upcoming HFMA – Compliance Conference

Denver Marriott South at Park Meadows

Feb 23, 2012 – feb 24, 2012 – Denver, CO

Click here to register!

 

February 23rd Agenda:

Keynote ...

Join Pinnacle Healthcare Consulting at the upcoming American Health Lawyers Association (AHLA) Physicians and Physician Organizations Law Institute and Hospitals and Health Systems Law Institute: February 8-10, 2012 at the Lowes Portofino Bay Hotel in Orlando, FL!

A Note From Pinnacle Healthcare Consulting's Business Valuation Team As We close another year, the Business Valuation experts and Pinnacle Healthcare Consulting would like to take this opportunity to thank our friends and colleagues for a fun and successful 2011! Some of the projects we worked on (featured below) were truly representative of why we love to assist clients solve complex challenges and provide fair market valuations in sometimes extraordinary circumstances. We look forward to the opportunity to work with your organization in 2012! Sincerely, The Business Valuation Team of Pinnacle Healthcare Consulting Please visit: www.PinnacleGroupHC.com or contact Pinnacle Healthcare Consulting for any of your business valuation needs: kberkey@pinnaclegrouphc.com or (303) 801-0123. About Pinnacle Healthcare Consulting Pinnacle Healthcare Consulting provides a range of strategic, financial and operational services to improve clinical and business performance for hospitals, health systems, physician groups and other healthcare organizations. Pinnacle Healthcare Consulting is a nationally recognized leader in business valuation, physician compensation, medical staff planning, performance improvement and compliance support. Other divisions of Pinnacle provide physician practice management, medical bill/coding, and technology/integration support services. Pinnacle’s array of specialized and highly responsive client services promote advanced innovation while our dynamic team solidifies strong client relationships and assists in solving your most complex challenges. Valuation & Financial Services Fair market value (FMV) opinions Pinnacle Healthcare Consulting performs FMV reviews of over 300 physician service arrangements per year for clients that range from large, multi-state health systems to independent physician practices. Our extensive database of hospital-physician relationships can be quickly tapped to evaluate a range of client transaction needs, speeding up the physician contracting process and eliminating unnecessary compliance costs. top Business and strategic valuation services Pinnacle Healthcare Consulting specializes in healthcare business valuations for buy-sell and joint venture (JV) transactions. We provide valuation services that support transactional healthcare fair market value (FMV) requirements with a process that includes: • Detailed situational assessments • In-depth fact-finding and interviews • Market analysis • Extensive financial modeling • Rigorous valuation methodologies Our knowledge of the broader healthcare industry adds valuable insight to the risks and benefits of either a sale or acquisition. We ensure that you enter a transaction fully informed. Fair value for financial reporting (FAS compliance) Pinnacle provides a potent combination of in-depth healthcare industry knowledge with a strong understanding of the nuances and best practices surrounding fair value in a GAAP reporting environment, including purchase price allocations, intangible asset and goodwill impairment testing, not-for-profit entities, and other assets, liabilities and equity securities. Physician compensation/Stark compliance Stark Law and Anti-kickback compliance are some of the most challenging issues in physician compensation today. Pinnacle Healthcare Consulting can conduct a full audit of your billing and compensation process to determine the effectiveness of your Medicare and IRS compliance efforts. We are adept at working with counsel and financial managers to identify problem areas and create compliant billing, compensation and compliance solutions. Our consultants have also supported a number of Stark self-disclosure audits to assist hospital management and counsel in conducting internal investigations and preparing reports to government authorities. top Physician compensation/productivity analysis Refine and reinforce your approach to physician compensation with pay and productivity analysis from Pinnacle Healthcare Consulting. Be confident that your compensation methods and contracts produce results, achieve your goals, and are backed by impartial market intelligence. Health plan contract analysis/negotiation Make sure your payer contracts support your business and financial goals. Pinnacle Healthcare Consulting will profile your clinical activities and ensure proper coding to establish equitable contract terms and management systems. It's a crucial part of bottom line success. Physician practice assessment Master the key operational, financial and strategic systems needed for physician practice success. Pinnacle Healthcare Consulting works for hospital and physician practice managers. We evaluate processes and performance against industry best practices and recommend business-building improvements. Billing/coding audits Effective billing/coding practices mean more than optimized revenue. They can mean the difference between compliance and fraud. Pinnacle owns and operates a medical billing company with certified coders on staff that can be tapped to evaluate your revenue cycle management program. Our deep experience and expertise can help you enhance both revenue and compliance. top Strategic & Operational Services Hospital/Physician strategy development The rapidly changing healthcare environment is again pushing hospitals and physicians to streamline care delivery methods. Pinnacle helps devise strategies and operational solutions to create high performing, integrated organizations. Importantly, we have the ability to partner with health systems to create and manage the necessary infrastructure to successfully operate integrated practices. Market research and strategic analysis A successful healthcare business needs clear, detailed strategies and a deep knowledge of your specific business environment. We help hospitals and physician practices develop innovative and sound solutions that improve performance and business development. Financial analysis and planning Pinnacle Healthcare Consulting brings a balanced perspective to business valuation, needs assessments, and feasibility in all financial transactions involving physician practices or ancillary clinics. We have extensive experience in dialysis clinics but can offer our real-world expertise to anyone looking to add physicians, acquire practices, create unique professional service arrangements and more. top Group formation and mergers Launching a group is a complex process but one we've completed many times. Our proven project management plan helps create or integrate individual practices, form a smaller group from a larger one, or add physicians to hospital integration initiatives. Plus, once we've helped create your group, we can provide on-going practice management services to get your doors open as quickly as possible. Healthcare association strategy and analysis Pinnacle Healthcare Consulting partners currently sit on the board or advisory panels of several healthcare associations and have worked internally at some leading organizations. If your association needs experienced guidance on membership, management, or strategic issues, we can help with project engagements, executive retreats, industry research and more. New physician/new manager education We can help physicians and staff better understand the business of healthcare. In fact, we regularly teach residents at hospitals, demonstrating effective management techniques for running successful practices. If you have new hires, position them to succeed with our training programs.

Missouri’s Medicaid agency is proposing to expand the current payment prohibition to include healthcare acquired conditions as defined by Medicare and to require hospitals and ambulatory surgical centers to bill for provider-preventable conditions as the method for reporting such incidents to the state. Providers have 30 days from January 3, 2012, to file comments on the proposed rule.

* Content directly quoted from Becker’s Hospital Review – Business & Legal Issues for Health System Leadership To view the direct link, please visit Becker's Hospital Review. Written by Molly Gamble | January 03, 2012 and directly quoted from Becker's Hospital Review The following hospital mergers and acquisitions took place within the past two weeks, beginning with the most recent. 1. Kentucky Gov. Steve Beshear Rejects 3-System Merger Kentucky Gov. Steve Beshear has rejected a proposed three-system merger between public University Hospital in Louisville with Jewish Hospital & St. Mary's HealthCare in Louisville and St. Joseph Health System in Lexington, which would have combined a public safety-net hospital with a Catholic healthcare company to create a statewide system. About Pinnacle Healthcare Consulting Pinnacle Healthcare Consulting provides a range of strategic, financial and operational services to improve clinical and business performance for hospitals, health systems, physician groups and other healthcare organizations. Pinnacle Healthcare Consulting is a nationally recognized leader in business valuation, physician compensation, medical staff planning, performance improvement and compliance support. Other divisions of Pinnacle provide physician practice management, medical bill/coding, and technology/integration support services. Pinnacle’s array of specialized and highly responsive client services promote advanced innovation while our dynamic team solidifies strong client relationships and assists in solving your most complex challenges. Contact Pinnacle Healthcare Consulting Today – 303.801.0123 or kberkey@pinnaclegrouphc.com

 

 

Season’s Greetings From

Pinnacle Healthcare Consulting!

 

From all of us at Pinnacle Healthcare Consulting, At this holiday season, our thoughts turn gratefully to those who have made our progress possible. In lieu of gifts, a donation will be made to United Way and Urban Peak. Thank you for your continued support and best wishes in 2012!

 

 

About Pinnacle Healthcare Consulting

Pinnacle Healthcare Consulting provides a range of strategic, financial and operational services to improve clinical and business ...

 Congratulations to Jana Sizemore who recently earned her Accredited Member designation with the American Society of Appraisers in the business valuation discipline!  Advancement to Accredited Member is granted after completion of education requirements and approval of full-time appraisal experience, educational background and an appraisal report reviewed by the ASA’s Board of Examiners. 

 Pinnacle Healthcare Consulting’s Business and Strategic Valuation Services

Pinnacle Healthcare Consulting specializes in healthcare business valuations for buy-sell and ...

Join Pinnacle Healthcare Consulting at CHSM's - Integrated Delivery Systems: The Right Choice For Quality Healthcare?

Stay informed with what Pinnacle Healthcare Consulting (The Pinnacle Group) is reading in relation to current events and topics within the healthcare industry. Pinnacle Healthcare Consulting provides a range of strategic, financial and operational services to improve clinical and business performance for hospitals, health systems, physician groups and other healthcare organizations. Pinnacle Healthcare Consulting is a nationally recognized leader in business valuation, physician compensation, medical staff planning, performance improvement and compliance support. Other divisions of Pinnacle provide physician practice management, medical bill/coding, and technology/integration support services. Pinnacle’s array of specialized and highly responsive client services promote advanced innovation while our dynamic team solidifies strong client relationships and assists in solving your most complex challenges.