WARBIRD’S PHYSICIAN PRACTICE SOLUTIONS

 

  • Strategic Planning and Physician Network Development
  • Practice Divestiture & Acquisition Strategies
  • Market Analysis and Practice Growth
  • Ambulatory Care Strategy and Planning
  • Physical Location Optimization
  • Assessment of Policies and Strategies Regarding Uncompensated or Partially Compensated Care
  • Physician-Hospital Alignment Initiatives
  • Practice Organizational and Management Restructuring
  • Performance Improvement Assessments and Implementation, including Revenue Cycle
  • Physician Compensation Analysis and Plan Development
  • Labor Productivity Analysis, Reporting Tools, and Implementation Resources
  • Personnel and System Integration within the Practice and Health System
  • Support Costs and Overhead Assessment and Restructuring
  • Comparative Benchmark and Standardized Performance Expectations
  • Clinical Process Enhancement and Practice Redesign
  • Interim and Direct Placement of Resources for Practice Leadership, Revenue Cycle, and Management
  • Practice Electronic Health Record (EHR) Hands-on-Training and Optimization
  • Analytics Optimization and Dashboard Reporting
  • Consolidating / Comparative Service Line Profitability Analysis
  • Comparative Benchmark Analyses of Expected Annual Net Gains/Contributions or Losses/Subsidies per Physician within a Group Practice
  • Improvement of Operating Margin and EBIDTA
  • Return on Investment (ROI) Analysis
  • Practice Financial Reporting Tools and Monitoring
  • Fair Market Valuation of Practice Acquisitions and Provider Agreements

WHY WARBIRD

Warbird deploys experienced and tenured practitioners who deliver actionable and results focused solutions that improve physician practice performance.

Implementing carefully designed performance improvement plans and integrated reporting tools and dashboards, Warbird’s professionals work with physician practices to achieve sustainable financial and operational results.

Featured Clients

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Renown Health

Successful closure rate for new contracts presented to new providers improved to exceed 80% from an original rate of less than 50%, prior to development of the new plan

Sy Johnson, COO
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Centegra Physician Group Practice

$14M in operating gains plus $9M in restructuring gains for total economic benefit of $23M within 12 months of the engagement

Michael Eesley, Former President & CEO, Centegra Health System
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Cottage Health, Santa Barbara

Standardized and created template compensation and benefit plans to recruit pediatricians and other specialties

Steve Fellows, COO and Brent Tande, CFO
Read Case Study

HOW CAN WE HELP?

Warbird will help you solve the most challenging financial and operational issues for your organization. Click button to contact us today.

C. Ryan Sprinkle

Managing Director, M&A Services

Ryan Sprinkle is a seasoned advisor and accomplished practitioner in Warbird’s advisory practice. He has navigated hospital and health system clients in multiple states through asset divestitures, mergers and acquisitions, and strategic planning initiatives. Additionally, Ryan regularly works with healthcare organizations, alongside legal counsel, creditor bodies, and hospital leadership teams to develop and implement turnaround plans. Prior to joining Warbird, Ryan co-led the Performance Improvement practice group and served as senior member of the mergers and acquisitions practice group for a boutique healthcare consulting firm. Areas of Expertise: Affiliation Advisory, Performance Improvement / Turnaround Services, Distressed Hospitals, and Strategic Planning.

As a professional, Ryan is expert at assisting clients in identifying strategic options and executing plans that deliver long-term financial stability. A frequent writer and speaker on topics of healthcare policy and operations, Ryan has a passion for working with other healthcare leaders to apply customized solutions that are informed by prior clients’ experiences.

MICHAEL DRAA

Chief Executive Officer and EVP Healthcare

Michael R. Draa has been our Chief Executive Officer since January 1, 2012 when he formed Warbird Consulting Partners by leading a management buyout of the Accounting Advisory Practice from Huron Consulting Group. While at Huron, Michael served as the Practice Lead for the Accounting Advisory Practice. Prior to joining Huron, he was a partner at Callaway Partners, overseeing National Service Delivery on all projects. Mike also currently serves as the acting EVP of Warbird’s U.S. Healthcare Practice.

Mr. Draa has more than 30 years of accounting and consulting experience during which he has held several executive and senior management roles including accounting, sales and marketing and operations. During that time he has successfully led both strategic and tactical projects and teams. Mike’s deep industry experience includes Healthcare, Technology, Manufacturing, Automotive, and Media and he has vast expertise in many functional areas including: management of restatements, turnarounds, bankruptcy reorganization and liquidation, mergers and acquisitions, joint ventures, system conversions (ERP), shared service implementation, start-ups, compliance, process re-engineering and technology ventures.

Mr. Draa sits on the Board of Directors of non-profit organizations and holds a degree in accounting and business management from Cedarville University.

 

Warbird Senior CFO is published in Kaufman Hall’s Financial Sustainability Report…

“From chaos to unity: 6 steps for building a compensation plan for employed physicians”