Financial and Operational Assessment (FOA)
The purpose of the Financial and Operational Assessment (FOA) is to identify strategies and develop tactics that increase operational efficiencies, improve financial position, and assist leaders with maximizing reimbursement that will result in increased financial stability.
The areas addressed in each FOA consist of:
- Evaluation of historic/potential demand for clinical services
- Identification of opportunities to appropriately address clinical service gaps
- Reimbursement and cash flow
- Clinic expense analysis
- Organizational architecture and management principles
- Strategic direction
The attachments will provide a thorough overview of the FOA onsite visit and the time commitment expected for this part of the DRCHSD Program. All facilities will be reassessed in year 3 of the program to evalute successes and ongoing performance improvement opportunities.