Financial and Operational Assessment (FOA)

Author: 
National Rural Health Resource Center (The Center),
Stroudwater Associates

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.

This project is supported by the Health Resources and Services Administration (HRSA) of the U.S. Department of Health and Human Services (HHS) under grant number U65RH31261, Delta Region Health Systems Development, $8,000,000 (0% financed with nongovernmental sources). This information or content and conclusions are those of the author and should not be construed as the official position or policy of, nor should any endorsements be inferred by HRSA, HHS or the U.S. Government.