Situation
- APIS client is a leading university hospital experiencing an alarming cash deficit estimated in millions of dollars over the past few years.
- The cash deficit was jeopardizing the hospital viable sustainability.
Our Approach
Assess | APIS experts assessed 5 main areas of the hospital: governance, strategy, finance, human resources management and supply chain.
Develop | Based on the assessment findings, APIS developed a strategic plan with critical, intermediate, and long-term objectives to decrease costs and increase revenues.
Restructure I APIS experts coached the hospital management teams and developed and implemented dashboards to regularly monitor performance.
Results
Decrease of the cash deficit by 30 % in the first 4 months.