Manufacturing
FORGING LONG TERM RELATIONSHIPS
The goal of our healthcare staffing agency is to grow our relationships with clients and foster an environment where trust and quality services are valued. As experienced healthcare professionals, we take a truly personalized approach to working with all positions and environments. nFuzion can provide short-term or long-term solutions. We strive to provide a working environment that is friendly and rewarding which ensures our candidates along with clients are happy and will provide the best healthcare possible
A STRATEGIC NETWORK OF HEALTHCARE PROFESSIONALS
nFuzion is an staffing agency that strives to bring innovative solutions to the industry by providing competent and professional staff. We have staffing solutions for all medical settings, whether it’s a small hospital located in a rural area or a complex facility located in the heart of major cities. nFuzion is experienced in providing healthcare administrators with screened and vetted professionals of all levels to perfectly supplement even the most stretched workforce. We strive to ensure our clients have the professional and fully-prepared staff they need to provide the highest quality of care to their patients.
How we turned a hospital from a $20 Million loss to breakeven in less than one year.
The Problem
Our client was requested to assume operational management for a small, county-owned facility in the southwest U.S. during the summer of 2020. The county had recently re-assumed control of the hospital following many years of declining financial and management performance. In fact, the hospital had lost slightly more than $20 million in the prior completed fiscal year.
To make matters worse, the hospital had suffered for years from poor revenue cycle functions; patient access and scheduling was so disorganized that many community-based referring providers were choosing to send their patients out of town for routine services that should have been readily accessible at the local hospital.
Coding audits and contract compliance was left undone, and there was little denial management seen.
Our Solutions
Soon after placing an interim CEO and CFO at the facility, HealthTech converted the hospital to critical access status, bringing in approximately $6 million in new annual revenues.
Attrition and the elimination of passport/traveler contracts resulted in a net reduction of almost 50 FTE’s over several months.
Now, one year later, under new management, the hospital is essentially at break even, and budgeting for a positive bottom line in the current fiscal year. Cash on hand has been raised to approximately 40 days.
Clinically, the hospital is exceedingly sound; it maintains a 4-star rating from CMS, has strong employed and community providers, great clinical and nursing staff members, and a broad scope of services needed for its service area.
New contracts have been negotiated for radiology and cancer services, a new general surgeon has come aboard, cardiology outreach clinics started in conjunction with the local FQHC.
Grant funding for renovations to the obstetrics service and roof replacement has been secured, and the HVAC system is being updated.
Community perception is improving, and staff turnover and engagement has stabilized.
Our Client and the onsite leadership have, with the great support of the county board and the medical staff, been able to drive a massive financial and operational turnaround and are now embarking on strategic growth and service line development.
