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Healthcare solutions that work
Old Silver Beach Consulting
About Me
Professional Healthcare Operations & Financial Consulting
Rick Markello has twenty years of experience working successfully with physician groups in multi-specialty, single specialty, academic, hospital based and private practice settings in both not for profit and for profit environments. He has over thirty years of experience in various health care organizations including hospitals, HMOs, insurers and state government. He has worked in operational capacities as a Chief Administrative and Financial Officer (CAFO), Chief Operating Officer (COO) and Chief Financial Officer (CFO) as well as serving as a policy advisor. He has extensive experience with start-ups, mergers, integration and financial turn-arounds.
Services
Co-management: OSBC can provide interim on-site management in a variety of c-suite roles including CEO, CAFO, COO and CFO.
Operations improvement: OSBC can develop and implement operational improvements in:
-Revenue cycle including front office collections, charge capture and denial management
-Cost reductions in overhead, supply chain and practice staffing
-Provider compensation redesign and incentives
-Provider alignment through improved productivity, access and referral retention
OSBC is uniquely qualified to assist clients in forming a new group, designing and implementing a merger including back office consolidation, physician compensation, benefits and clinical integration or in developing and carrying out financial turn-arounds.
Experience
Two hospital system –merger
Community Hospital based physician group – start up
Thirteen independent foundations at a large academic Medical Center – merger/start up
Academic hospital based institute – start up
Hospital based community primary care practice – turn around
Single specialty research Center – turn around
Three large independent physician groups – merger and integration
Large community hospital based multi-specialty group – turn around
Testimonials
Primary Care Chief
“You did everything you said you would do in the time frame you promised. Nobody has ever done that here.”
Chief of Surgery
“You brought physicians back to the Group at a time when it was about to explode.”
Health System CEO
“The changes you implemented have stabilized the Group and positioned it for future success.”