P3 - What We Do

What We Do

P3 provides organization transformation and turnaround of hospitals through projects that analyze, design, implement and teach financial, clinical, and operational excellence.

P3 provides solutions to hospitals in a team-oriented model that seeks to build upon the client’s strengths while adding additional resources to allow executives thorough comprehensive analysis of clinical and business efficiencies. P3 acts as a second set of eyes, offering clinical, financial, and strategic expertise to some of healthcare’s most pressing questions. Beginning with an extensive diagnostic assessment, P3 identifies opportunities for improvement and presents them along with the business and clinical reason for change as well as provides resources and guidance to implement these solutions. P3 helps to break down internal silos in order to create customized, efficient and workable solutions

P3 presents best practices and best options with very real potential of cutting significant costs for the client while maximizing revenue opportunities. We work hand-in-hand with clients, creating customized decisions for each project. Our work comes complete with deployment plan and change management methodology for sustainability as well as visits by benchmark hospital champions, if so desired.

Our Process

We look at a number of different data sets to identify opportunities for improvement: We use a broad understanding of industrial engineering technique (Lean), reliability science, systems theory and organizational behavior to increase performance and accountability within hospitals. The data we use includes but is not limited to:

Clinical data
Operational data
Financial data
Regulatory & compliance updates
Reimbursement
Business agreements
Patient demographics
Occupancy
Case mix index
Length of stay
Protocols & Guidelines
Etc.

We then compare the local material with like facilities in MSA and throughout the nation. All of our recommendations are based on best practices gleaned through the literature and from interviews with industry experts.

As a result, our work helps hospitals to:

Decrease variability in care practices
Increase financial and regulatory understanding and compliance.
Add capacity for clinical decision making
Improve patterns of case management
Improve capture of revenue for services rendered
Identify best practices pertaining to project topic
Develop formal processes and protocols for client incorporation
Minimize risk

P3 develops solutions that are physician- and workforce-led with considerations for activating the patient and involving all stakeholders through education. Ultimately, we seek to create a collaborative and optimal care environment based on patient centric best practices and sound business and clinical case.

Our Benefit:

P3 helps executive staff by providing comprehensive analysis and solution development. We present project findings in formats that both the management team and the Board find thorough, direct, and useful.

P3 does the background work for clinical process improvement and provides industry experts to help champion physician understanding and support.

P3 helps individual department leaders by providing a global approach with localized, specific recommendations.

Many consulting firms identify solutions but do not create a bridge for implementation and maintenance. P3 matches careful analysis with best in class options for putting solutions into operation.

The Return on Client Investment:

Hospitals that engage P3 are assured a positive outcome. Our projects have been estimated to save the hospital more than one hundred times what the client invested to complete the project.