Case Studies

Challenge

As a family-owned business, Williamsville, had grown without professional management. Needs included accounting and expense controls, marketing review, strategic planning and financial management. Issues centered around inconsistent patient census and cashflow.

Solution

Fahrenheit was engaged to offer our expertise with both a fractional controller and CEO to set up accounting systems and provide management reports. Improvements were made to the websites to focus marketing. Priorities were set to collect aging receivables and attract additional insurance networks.   Results have been steady. Being now in-network with four insurance carriers has increased and stabilized patient loads and the online claims management system has improved cashflow. Emphasis has now shifted to growth strategies and staff development.