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Creating hospital contracting processes that maximize performance

The challenge

A new parent corporation, created from the merger of two complementary New York Health Plans, took steps to combine the two organizations to yield efficiencies and optimize the strengths of each organization. A new executive was hired and was asked to accelerate the integration within the Healthcare Management division of the organizations. He identified the hospital contracting and implementation functional areas as a priority area for focus.

Our approach

Vynamic conducted a current state assessment of the Health Plan’s hospital contracting and implementation processes and worked with subject matter experts to identify strengths, vulnerabilities and actionable improvement recommendations. These assessment findings were mapped to best practices and desired business outcomes in order to create a future state integrated hospital contracting and implementation process with implementation roadmaps and tools/checklists in support of the process.

The results

Vynamic’s design and development of the enterprise process with timeline and accountabilities led to successful implementation of our customer’s hospital contracting and implementation process.

Some specific benefits achieved include:

  • Execution of consistent processes enabling more accurate response to external customers
  • A transparent process that encourages a Provider and Plan dialogue and negotiation
  • Organizational clarity and alignment of functional areas within Network

About Vynamic

Vynamic, an Inizio Advisory company, is a leading management consulting partner to global health organizations across Life Sciences, Health Services, and Health Technology. Founded and headquartered in Philadelphia, Vynamic has offices in Boston, Durham NC, New York, and London. Our purpose is simple: We believe there is a better way. We are passionate about shaping the future of health, and for more than 20 years we’ve helped clients transform by connecting strategy to action.

Through a structured, yet flexible delivery model, our accomplished leaders work as an extension of client teams, enabling growth, performance, and culture. Vynamic has been recognized by organizations like Great Place to Work and Business Culture Awards for being leaders and innovators in consulting, company culture, and health. Visit Vynamic.com to discover how we can help transform your
organization or your career.

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