
copyright 2011 Formation Healthcare Group, LLC
"Banking on Knowledge"
In the highly competitive senior care market, the value of knowing an organization's performance is vital. Formation Healthcare Group (FHG) utilizes public databases (CMS; OSCAR) and specific client data to identify regulatory and clinical concerns (both health and life safety), trends, repeat deficient practices, and variances to state and national benchmarks.
The Clinical Performance Analysis is the first phase of clinical/regulatory due diligence. It provides a potential investor, lender, buyer or operator with a "30,000 foot snapshot" of the overall clinical/regulatory performance of a skilled nursing facility, a chain or an entire portfolio of facilities. Utilizing this global assessment, the following may be some of the benefits:
- Identification of regulatory accomplishments and successes for targeted marketing strategies
- Knowledge of specific historical regulatory concerns which, when addressed, may result in early risk mitigation
- Identification of potential clinical performance issues or concerns
- Understanding of global areas of deficient practice resulting in potential negative trends
- Evaluation of potential physical plant deficiencies which may require capital improvements or renovation
- Ability to drill down to specific regions or facilities for further evaluation
- Initial understanding of the potential value proposition for consideration in per bed costs of investment
The final report details the data analysis in table and graphic format for an at-a-glance look, along with a detailed executive summary of pertinent findings.