HEALTHCARE IS OUR LARGEST INDUSTRY VERTICAL.

Meet Our Healthcare Team Leaders: Karl Hardesty, Aloke Mandal and Tim De Cou. Hardesty Healthcare Solutions can provide the strategic leadership and intelligence your firm needs to succeed in this rapidly changing time in healthcare. With decades of experience in the industry, we have a unique understanding of how to deliver immediate results.

As a major healthcare service company, our outreach goes much deeper than C-Suite management and placement roles. In recognition of our depth of services within the healthcare industry, we have launched Hardesty Healthcare Solutions as a dedicated division. We have assembled an experienced team to focus on the array of challenges facing our healthcare clients, including medical practice management, clinical research support and enterprise scaling support. As with our other lines of business, you can expect an agile team ready for rapid deployment.

OCHFN Monthly Luncheon

OCHFN is a networking organization comprised of healthcare executives, consultants, and healthcare industry leaders that reaches over a thousand significant stakeholders. Monthly luncheons with speakers showcase innovation, integration, healthcare trends. and best practices. Managing Partner and National Healthcare Leader, Tim De Cou, founded the OCHFN in 2010.

Register or learn more about Orange County Healthcare Financial Networking.

Delivering Unsurpassed Value

Hardesty Healthcare Solutions offers an array of services suited to your specific business needs. Take a look at some of our service areas.

Business & Financial Strategy:

The majority of our work stems from our client relationships with private equity firms involved in the merger and acquisitions of a myriad of healthcare companies. Our services range from interim management, to executive searches, to special projects, to consulting. Because of the urgency that such clients require, we have a reputation to quickly hit the ground running, immediately impacting where Hardesty is needed the most. Our flexibility allows us to work in a variety of scenarios, helping to develop teams and providing guidance and oversight, or working in tandem with existing groups to accomplish specific objectives. Our partners include previous owners of healthcare operations, a physician executive and chief financial officers with technical accounting experience.

Medical Practice Management

Whatever size the office, the smooth running of a medical practice requires the management of tremendous administrative, legal, financial and technological challenges. Prior to joining Hardesty, our healthcare leaders have run healthcare provider organizations or led clinical programs. For our medical practice clients, Hardesty Healthcare Solutions has developed business and marketing plans, identified necessary external resources and actually managed practices on an interim basis until issues have been stabilized. Specific examples have included: recruitment and retention of staff; implementation of electronic health record and billing software; payer contracting; coding analysis & pricing methodologies; assessing practice compliance; integrating corporate missions; establishing pay structures; fostering and mentoring administrative and clinical leaders; maximizing workload efficiency; improving provider and patient engagement; establishing quality standards and risk management.

Biomedical Technologies

With a reach that extends from L.A. to as far east as Boston and Atlanta, we have assisted emerging biotechnology companies in obtaining funding, consulting prior to market expansion and advisory panel recommendations. We have identified manufacturing sites and healthcare leaders that have run medical device manufacturing facilities both here and abroad. With the addition of Aloke Mandal, M.D., Ph. D. to our team, we have added a physician executive and clinical research component to our client offerings, including fractional and interim chief medical officer appointments, clinical funding grantsmanship, clinical trial organization, regulatory compliance, product testing feasibility and go-to-market strategies.

Value-Based Initiatives & Contracting

Provider reimbursement increasingly consists of alternative payment models, pay-for-performance and capitation. Our leadership team can provide the guidance needed to transition to these new approaches for claims billing and reimbursement. We have assisted in restructuring contracts for payers and providers to fit their unique situations. Our thought leadership and opinions have been cited in Congress and by healthcare industry leaders, when discussing Medicare payment reform. In addition, in this day and age of frequent mergers and acquisitions of medical practices, our technical accounting skills can help interpret financial targets and manage risks associated with “clawbacks” and other issues unique to healthcare reimbursement.

Enterprise Scaling

How and when to grow is key for any enterprise embarking on its expansion strategy. A multi-site medical operation needs a certain cadence to be successful. Similarly, after commercialization and funding, life science companies need to be aware of the necessary costs of bringing a product to market. Prior to an initial public offering, our technical accountants and advisors can ensure that the company is ready to jump through all of the executive, financial and regulatory hurdles of such an event, and the ongoing compliance. Most importantly, if the timing for increasing scale is not appropriate, we have a peerless reputation of providing sound and candid advice, even when that consultation cannot be monetized for our behalf.

Revenue Cycle Management

Medical billing is getting increasingly more complicated. Risk-adjusted or health-based payment methodologies that have been the cornerstone for government-sponsored programs such as Medicare Advantage and Medicaid Managed Care Organizations increasingly are being adopted in commercial plans. Proper revenue cycle management ensures that billing errors are reduced so that reimbursements from the insurance companies are maximized. Hardesty Health Solutions can audit billing practices, implement the proper initiatives and information technology and identify the proper coding practices so that claims can be processed and practitioners are compensated for all services rendered.

Preparation for Sale

Often, we are asked to become involved just as a successful company is about to be acquired. Hardesty Health Solutions can ensure that the conditions for sale are optimized for both the buyer and seller. For medical practices, we can review their revenue cycle processes and case mix. For emerging biomedical companies, we can ensure that the right business and financial leaders are in place. In addition to business and financial leadership, Hardesty Healthcare Solutions partners have technical accounting experts to facilitate these transactions.

Healthcare Executive Placement

We provide healthcare clients with executive leaders who specialize in hospitals, healthcare systems and the biotechnology industry. with proven records of creating value using our flexible, tailored approach. Our healthcare executives can provide interim, permanent or special projects solutions to help fund growth and innovation, turnaround a crippled organization, or establish a culture that inspires your staff to action. Placements include, Chief Executive Officers, Chief Financial Officers, Chief Operating Officers, Chief Information Officers, Chief Medical Officers, Chief Technical Officers, Administrators, Compliance Officers, Controllers, Financial Analysts, Marketing Analysts, Treasurers, Vice President of Finance and Medical Directors.

Solutions for every facet of healthcare

Our client roster is as diverse as our range of strategic and operational services.

Our clients include Healthcare Providers (hospitals and health systems, independent practice associations, medical groups, behavioral health facilities, home healthcare services, management service organizations, dental practices, clinical laboratories), Payers (health plans requiring our expertise in alternative payment models for both commercial and government-sponsored programs), Life Science Companies (medical devices, diagnostics, pharmaceuticals, healthcare information technologies), and Investors of the Healthcare Industry (private equity and venture capital firms). 

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