QHR Strategic Initiatives Case Studies
The QHR Strategic Initiatives team works with organizations to overcome their most challenging problems - enabling
them to regain efficiency, sustain results and to build upon these to thrive. We judge success by the quality of our
recommendations and the results achieved through implementation.
Learn more about how we deploy our strategies, people and tools to help clients across the country achieve results.
Leadership Takes Immediate Action (Northeast Region)
Known for providing personalized attention and state of the art comprehensive medical services, this hospital’s independent audit
revealed a significant and unexpected operating loss. The hospital leadership brought in QHR Strategic Initiatives, which reduced
operating losses by $3.3 million in 12 months. The hospital reported a net income of $764,000 in the same year, setting a course
toward sustained longer-term financial improvements.
Returning to a Strong Financial Position (Mid-Atlantic Region)
Poor patient throughput, days cash-on-hand precariously low, accounts receivables growing....
QHR Strategic Initiatives identified improvements of more than $14M for this hospital.
Regaining Prominence (Mid-West Region)
At risk of violating its bond covenant and facing potential fiscal disaster, QHR Strategic Initiatives helped this hospital to achieve
a positive bottom line within the first four months of the engagement and a $1.6M bottom line within the first year.
Averting Disaster To Attain Excellence (Mid-West Region)
Out of cash and suffering from prolonged patient and staff outmigration to larger competitors in nearby communities, this hospital’s
very survival was in question. Quickly reversing negative financial trends, the QHR Strategic Initiatives team improved the hospital’s
bottom line by nearly 15% in just 18 months. One year later, the hospital was named to the Solucient Top 100 Hospitals® list for
excellent financial, operational and clinical performance year.
Rebuilding for Future Success (South-Central Region)
A recent turnover of its CEO and CFO and financial challenges raising potential issues with a recent bond placement, QHR Strategic
Initiatives immediately provided an interim executive management team and detailed management action plan to return this healthcare
system to sustained profitability. Total dollar improvements, in all areas, amount to an accumulated total of $11.4 M.
Wanted - Expert Opinion to Support Management Initiatives (Southeastern Region)
Experiencing a recent financial down turn, the senior management team of this integrated healthcare system sought review of their plan
to re-establish profitability. QHR Strategic Initiatives identified additional opportunities exceeding $4.5M plus a one time cash flow
enhancement of $3.9M.
Mission Accomplished (Northeast Region)
A long-established hospital — one of three in a small market with excess capacity — faced a tough competitive environment.Burdened
with an unsustainable staffing mix and outdated third-party contracts, the hospital lost approximately $9.5 million during the 2006 fiscal
year, was burning through its cash reserves and was near defaulting on a cash covenant. Chief financial officer resigned, leaving a vacancy
in a key management position.The hospital hired QHR to work collaboratively with the board of directors to achieve positive outcomes. In
less than one year, the team was able to produce a $13 million turnaround for the hospital.
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