The dental and ancillary landscape continues to evolve as new business-to-consumer marketplaces settle. Leaders in this space are continuously assessing their marketplace opportunities and fine-tuning their strategies and business models. But they are doing more than that to stay ahead. They are defining the capabilities they will need to be successful in the future. They are using customer experience to win a greater share of today’s hyper-connected customers; while modernizing operations and building flexible platforms that will allow them to adapt, wherever reform leads them next.
We understand your market. Our experienced Healthcare team has helped many leading dental, vision, life, and other ancillary insurance organizations develop and execute strategies to respond to transformational change.
Whether your goal is to think strategically about member engagement strategies or to evaluate mergers and acquisitions to fast track your future business model, we offer the deep industry, consulting, and technology experience and resources you need to accomplish your goals.
Change is here to stay
How can we help you respond—and succeed?
A new era in healthcare requires new strategies for success
Healthcare reform and a changing marketplace have dramatically shifted the industry’s merger and acquisition landscape. Where organizations traditionally pursued mergers and acquisitions to expand scale and/or market share, today’s marketplace includes an array of transaction strategies designed to diversify business portfolios, add new services, improve health outcomes, and manage the cost of care more effectively.
We understand the complexities that lurk beneath the surface
Our experienced team has been through this process many times before. performing over a thousand due diligence projects and managing detailed planning and integration or separation for numerous complex mergers and divestitures. Since 2010, our Healthcare team has assisted more than 400 healthcare payers, providers, and other organizations with merger and acquisition activity, including navigating the evolving regulatory landscape and bringing future-oriented operations to life.
The right blend of experience and expertise
Acquiring and integrating new capabilities and turning those into long-term value demands experience—from initial planning and diligence through integration and optimization. We partner with you on developing critical success factors, which increase management and investor confidence that the deal can deliver anticipated value. How do we know those conditions? By drawing upon a truly multidisciplinary background coupled with experience that fits your healthcare and technology niche. We help healthcare organizations navigate all stages of a transaction:
Strategic partner, tactical implementer
Our highly sought IT and operational diligence capabilities examine target’s operations and technology to reduce time, risk, and help align the purchase price with the objectives of the deal. Our multidisciplinary expertise spans pre-transaction to post-transaction of portfolio optimization as follows:
Build for a new reality
We are committed to making deals work, companies strong, and you successful. How can we help your organization move forward?
With continued reimbursement pressure, today’s healthcare crisis can be seen as a daunting task or a promising adventure in partnering with patients. Our clients choose to see it as the latter.
Engagement is only a precursor to outcomes. With greater physician burnout, patient engagement isn't sufficient to transform towards a sustainable value based delivery system. Both patient and provider engagement are critical to form a dynamic partnership to effectuate change - for both patients and providers.
To do so, we help health systems envision the transformation AND execute it.
What impedes transformation towards value based delivery? We’ve all experienced it. The misalignment between Clinical team and Administration. The great divide between IT and Business.
Bridging the gap among Clinical, IT, and Business is only the start of the adventure. We are an uncommon blend of clinical, business, and technology disciplines to help bridge this gap through:
Once you’ve envisioned an ideal future state, whether that is to truly partner with patients in the digital economy, improve efficiency to reduce cost, grow footprint through acquisitions, bolster enterprise security, or transform population health systems, we help you build such solutions in a manner that fits the change readiness of your organization. Such solutions include:
In an environment of increasing regulatory oversight and decreasing reimbursements, healthcare providers find themselves in a crisis. However, industry has countered with marketplace consolidation and the evolution of new insurance and delivery models. As a healthcare provider, are you struggling to keep up with these challenges or are you taking advantage of new opportunities?
Amidst a race towards comprehensive population health and wellness programs and technology advancements that truly differentiate providers, it can be difficult to maintain focus on your primary mission: quality patient care.
Healthcare organizations represent an extremely attractive target for cyber criminals due to the wealth of personally identifiable information they maintain. The lack of organizational awareness of data privacy and security risks combined with the limited resources to improve the enterprise security posture can lead to serious financial, operational, and reputational consequences for the organization.
As healthcare organizations aim to provide better health outcomes, improve customer engagement, and provide cost and quality transparency—all at a lower cost—they will need to weigh carefully how to balance privacy and security needs with consumer demand and running a nimble business.
Mitigate the risk, better position the organization
We understand that when it comes to data breaches, prevention is the best approach. We help organizations balance their need for security with the desire for convenience and a seamless customer experience—all while staying within cost constraints. Our unique blend of industry and security experts align security with your business strategy because we know security does more than reduce the likelihood of a breach. It builds trust, increases member and provider engagement and ultimately improves your bottom line.
We can also help you build business cases for security improvements that go beyond avoiding costly penalties, highlighting how initiatives to improve security can be beneficial to other areas of your business, including:
A proactive approach
It is only with thoughtful investment in information security that healthcare payers and providers will be able to prepare for new risks and responsibilities, while maintaining patient confidence and profitability. Our security experts focus on risks to your organization that extend beyond HIPAA compliance and audit requirements. We have extensive experience using HITRUST Common Security (v7) and NIST Cybersecurity frameworks to help our clients improve their ability to identify, detect, protect, respond to and recover from potential security incidents. In addition, we translate the framework data into easy-to-understand language that enables executives to make well informed decisions.
With dedicated IT security resources and up-to-date knowledge of IT security threats and solutions, our security practice can help you protect your data and operations from cyber threats and set you on a path to continually improve your security posture.