Delivered Post-Acquisition Operations Strategy to Reduce Costs by 28% for Healthcare Service Provider

Capabilities
Healthcare

Challenge

A healthcare services firm faced an immediate decline in growth and profitability post-acquisition.

The company needed to create an operations strategy to re-engineer revenue and internal operations engines to achieve planned synergies of the acquisition.

Approach

  • Examined operations across major business units
  • Created high-resolution views of production costs and labor performance and evaluated talent capabilities
  • Deployed Zero-Based Budgeting to strategically manage costs
  • Uncovered opportunity to reduce labor via increased throughput utilization, location rationalization, and low-skill labor offshoring
  • Identified opportunities to unlock growth through re-engineering customer facing policies

Results

I.

Reduced operating costs across the enterprise by 28%

II.

Generated 5% incremental revenue growth

III.

Realized optimized production economics and business growth through buildout of new delivery capabilities

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