Most healthcare facilities underestimate the importance of having a strong financial component in their infrastructure. Odyssey Healthcare Consultants offers over 25 years of financial business experience. Our financial expertise permits total flexibility in the programs you can offer. With our financial experience in the unique design Medicare system, we can show you the internal financial structuring which allows you to treat non-Medicare patients. This becomes crucial as your facility grows and is introduced to managed care and private insurance relationships. Often times we find many facilities making the mistake of treating both populations without having this financial component in place. The results often being a detrimental shift of the delicate balance within the Medicare program. This ultimately ends in financial exposure that usually compromises the economic stability of your organization. These financials tools are essential for making the appropriate business decisions that will keep your global plan heading in the desired direction. The implementation of our unit cost-matrix ensures the proper pricing mechanism for all the services you provide. Quarterly cost reporting analysis is done to maintain a constant check on expenditures. Internal interim rate reviews are also provided to keep you one step ahead of your intermediary, upon final annual filing.

Your operating budget is just another component that is crucial for management to make the proper decisions for future growth. During the start up, or expansion phase of your facility we will compile the necessary financial information to help achieve the highest possibility cost to charge ratio from your intermediary. This will provide enhanced working capital during the most critical periods in the operation of your facility. As in the normal course of business, Odyssey can provide you with the proper guidelines and provide you with a strategic business plan and actuarial pro-forma’s that will give you the necessary tools to reach your business objectives and / or attract venture capital.

• Pre-Operational Budget
• Cost to Charge Matrix
• Preliminary Cost Accounting Projections
• Managed Care Consulting
• Actuarial Pro-Forma’s
• Investment Analysis
* Contract Development
* Reimbursement Rate Analysis
* Complete Financial Business Planning
* Leasing and Credit Line Development
* Cost Report Preparation or Oversight