Our principals, Steven Acree and Jonathan Gehris, are seasoned veterans of health care finance.
Steve was a college long distance runner and accounting major before becoming an auditor with Central OH BCBS. He and a senior colleague launched a boutique pricing analytics company, Quest Health Enterprises, in 1991. Steve developed the company’s OP pricing algorithm and was President of the firm.
Steve has built-out our algorithmic analytical capability with a third generation suite of tools for financial modeling, pricing, the charge master, and predictive analytics.
Jon played college baseball and basketball, and majored in psychology before serving in the Army Medical Service Corps. He negotiated long-term service contracts for a subsidiary of American Hospital Supply before launching a start-up which he later sold to a national company. Jon was the Senior Vice President for QHE and has been in the financial software arena since 1996. He is also a serial entrepreneur.
About your Hospital Consultants
Q4400 Financial delivers strategies, tools, and solutions in harmony with your hospital’s financial and strategic operational needs.
The new health care is driven by technology, consumerism, and competition from other industry titans. Central to financial and operational success is streamlining and optimizing Patient Experience which we know is the currency of patient loyalty and new growth.
Gathering accurate data about Patient Experience is key to improving the patient process at each touch point. In addition, Patient Experience data has value when assessing service line change and variation in your book-of-business.
Overarching goals are to generate more revenue and grow net revenue strategically, model revenue drivers on an ongoing basis, measure the net revenue impact of purposeful or market change, and position the hospital favorably in its market. Additional goals typically include growing specific service lines, launching a new wellness initiative, and strengthening brand.
More Big Picture change creates several new challenges, but it also delivers opportunity. Health care today has more moving parts than ever, thus having meaningful data-driven deliverables is essential to financial and operational sustainability.
We believe a Road Map must include:
- Optimizing Patient Experience
- Making the charge master strategic
- Ongoing financial modeling
- The use of predictive analytics
- Scoring payer contracts to minimize denials
- Measuring select service lines for value-based reimbursement
- Drilling-down to the real cost of each service
- Launching data-driven wellness initiatives and branding campaigns
- Identifying new market opportunities, including possible partnerships
Our passion is helping senior leaders achieve greater financial and operational success in the communities they serve. We are data-driven problem-solvers and conceptualizers with over 6 decades of health care experience.
See what ‘Q’ can do for you!