HOSPITAL EXECUTIVES

With no capital investment or upfront costs whatsoever, find new revenue that is tied directly to meeting a pervasive community health need which has been identified by your Community Health Needs Assessment and validated by the Substance Abuse and Mental Health Services Administration.

hospital executives

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Impact Healthcare Management is a national firm that partners with inpatient healthcare facilities to deliver One-Eighty, a medical withdrawal stabilization service.  One-Eighty provides hospital executives with a unique opportunity to find a significant new revenue stream that is tied directly to meeting a pervasive community health need, with very little financial risk or exposure because there are no capital investments, renovations or upfront costs required.    
 
One-Eighty™ Service Summary
One-Eighty is an inpatient medical service for voluntary patients, with verified payment benefits, who have decided to take a 180° turn away from alcohol and/or drugs and take the first step toward a better life through the One-Eighty service for withdrawal stabilization in a medical hospital setting.  This is not a psychiatric or behavioral care service and these are not patients in advanced stages of withdrawal who need emergency care.  These patients call an 800 number, are screened by One-Eighty staff for medical criteria and payment benefits, and come in for treatment by scheduled appointment.  These are medical patients on a medical floor and reimbursed at a medical rate with an average length of stay of 3 days.  Discharge planning, by One-Eighty staff, assists patients entering into appropriate after care programs and services for follow up.

Client Hospital Operations

  • Complete turn-key operation
  • All patients are voluntary admissions and screened for medical criteria and payment benefits
  • Impact provides client hospitals with treatment protocols, training, patient screening, discharge planning, community awareness activities, a media campaign, on-site employees and best practice processes
  • Impact hires 2-3 full-time employees (depending on need) who work onsite, in an office at the hospital, and perform the following functions:
  1. Generate community awareness of the One-Eighty service with potential referral sources and support the launch of a direct to consumer awareness campaign through various media outlets
  2. Conduct patient screening, coordination of admissions, discharge planning, and are available as a resource for Nurses, Physicians, Admitting, Case Management and all other hospital staff supporting the continuum of care​
  • Client hospitals utilize existing overhead - physicians, nursing staff and available medical beds to deliver care, with no need for additional staff
  • Primary admitting physician, with back-up, is designated.  These “Attending Physicians” are typically Internal Medicine physicians, Family Practice physicians or Hospitalists (not Psychiatrists)
  • Patients are given a discharge plan and referred to their next phase of treatment such as outpatient rehabilitation and counseling


Community Awareness

  • One fulltime One-Eighty staff employee will conduct ongoing community awareness activities with potential patient referral sources such as physicians, outpatient clinics, Suboxone® certified physicians, pain centers, major employers’ HR departments, community organizations and facilities identified by the Substance Abuse and Mental Health Services Administration (SAMHSA) that treat this patient population within the client hospital’s service area
  • Media campaign includes press releases, radio campaign, social media and literature handouts
  • Execution of the Area Development Plan


Client Hospital Financials

  • After the initial launch period, admission projections are 20-40 admissions per month (ADC of 2-4) with Annual Revenues of $750K-$1.75M, Net Positive Cash of $250K-$1.1M and Profit Margins of 35%-60%
  • No capital investment, no renovations and no upfront costs
  • Hospital receives a financial pro forma summarizing projected revenues and expenses, with hospital specific data and community analysis factored in
  • Revenue enhancement through increased admission and favorable reimbursement including Medicare, Medicaid, commercial/private insurance and cash pay
  • Physician bills through existing CPT codes for H&P’s, daily rounds and discharge planning
  • Covered by DRGs
  • Agreements, typically three years, have an out-clause for lack of financially viability
  • Monthly financial reviews are provided to hospital administration by One-Eighty staff 


 Summary

  • A unique service
  • New revenue stream tied directly to meeting a pervasive community need
  • Complete turn-key operation
  • Proven treatment protocols
  • Profit enhancement
  • Improved efficiency and increasing the daily census, using available beds and leveraging overhead that already exists
  • No capital investment, renovations or upfront costs
  • Improved patient outcomes
  • Excellent patient satisfaction surveys 
  • Geographic exclusivity
  • Guaranteed Results with an out-clause for lack of financial viability