Strategic Management

Positioning an anesthesia practice for long-term success involves a variety of factors often overlooked when plotting a viable strategic plan.

The effects of inadequate strategic thinking are demoralizing to providers who were trained to believe that quality care and good outcomes were most important. Hospital Requests for Proposals (RFPs) for anesthesia services are on the rise. Practices that once enjoyed a good and productive working relationship with their administration are suddenly finding themselves displaced by organizations with more clout, better marketing and a more innovative and often cost-effective approach to the administration’s service requirements.

ABC consultants offer effective practice management solutions by guiding hundreds of clients through the strategic planning process. In some cases, this may involve the facilitation of a strategic planning session in which the group dedicates time to the creation or refinement of a mission statement, a review of governance, compensation plan refinement, and the review and evaluation of business opportunities or succession planning.

In other cases, service is ongoing and integral to a broader scope of practice management services. Typically, key business metrics are established to facilitate the ongoing assessment or profitability of the practice as a whole and the detailed evaluation of individual lines of business. ABC practice managers routinely help clients identify opportunities for expansion and or diversification.

In either scenario, ABC clients benefit from the company’s years of experience, diverse client base and expert practice managers and consultants. What distinguishes ABC’s provision of this service is its integration with our practice management. We have an extensive and relevant database of benchmarks and examples to base our recommendations on.