BrightWorks Holdings, Inc. pronounces the institution of “BrightWorks Well being,” a healthcare consulting follow created by means of the alignment of present corporations and seasoned healthcare leaders. BrightWorks Well being improves the monetary efficiency and enhances the aggressive place of healthcare methods by fixing their difficult monetary, organizational, strategic, and transactional challenges.
NASHVILLE, Tenn., Might 9, 2023 Right now, BrightWorks Holdings pronounces the launch of its Healthcare Consulting Observe, BrightWorks Well being. The Observe unites a staff of extremely skilled healthcare executives to supply complete, tailor-made, and value-focused options that meet the wants of contemporary healthcare methods.
The formation of BrightWorks couldn’t come at a greater time; its launch coincides with a interval of exceptional change and unprecedented headwinds for healthcare leaders. “A number of monetary challenges contributed to hospital margins struggling steep declines final 12 months, together with labor prices and employees shortages, inflation, greater price of capital, funding losses and the top of federal pandemic-related funds…” and “Roughly half of U.S. hospitals completed [2022] with a unfavourable margin…” in response to Becker’s Hospital Assessment.
The monetary efficiency of many healthcare methods is at a vital stage, demanding dramatic change to guarantee their long-term viability. “Now greater than ever, healthcare leaders want assist from deeply skilled advisors with a novel perspective and complete method that delivers greater worth on the proper worth. We have constructed BrightWorks Well being to just do that,” stated managing companion Howard Peterson.
In response to Ken Hawkins, BrightWorks managing companion, “BrightWorks Well being addresses shortcomings which can be prevalent within the healthcare consulting {industry}; conventional healthcare consultants are sometimes sluggish, specialised, costly, and haven’t got the power to implement their suggestions.”
BrightWorks Well being presents 4 companies that are vital to creating higher-performing healthcare methods: (1) Giant-scale Monetary Enchancment Tasks; (2) Group and Management Optimization; (3) Enterprise Portfolio and Market Positioning; and (4) Partnership and Strategic Transactions. BrightWorks Well being’s deep and specialised healthcare experiences, complete method, skill to implement, and concentrate on worth by means of pricing are key differentiators – and it could not come at a greater time for the {industry}.
For extra data on BrightWorks Well being: www.BrightworksHoldings.com.
About BrightWorks Well being
BrightWorks Well being is a healthcare consulting agency that solves the evolving enterprise challenges confronted by trendy well being methods by implementing its proprietary 4-stage “Outline-Conduct-Implement-Handle” motion plan. BrightWorks’ staff of consultants have broad healthcare-industry administration expertise; its govt management every have over 25 years of C-suite administration or advisory expertise, they usually have collectively accomplished greater than $25 billion in complicated transactions. The BrightWorks Well being staff has developed proprietary options in organizational efficiency, radical price discount, and revolutionary types of strategic alignments. The staff is unified in its perception that – now greater than ever – it is vital to ship a variety of efficient, complete, and reasonably priced consulting options to {the marketplace}. For extra data on BrightWorks Well being, go to: www.BrightworksHoldings.com.
Media Contact:
David Kelbaugh
[email protected]
312-316-8578
SOURCE BrightWorks Holdings, Inc.
