Services: Interim Management

OVERVIEW

There are a number of concerns when a critical gap occurs in key management positions. And, every day your healthcare facility operates without strong leadership can result in serious reductions in cash flow, increased bad debt expense, lower productivity and deterioration in overall financial performance.

That's why NearTerm is prepared to quickly mobilize our term of professionals. The moment your organization needs help, we'll be there to minimize the risks associated with management vacancies.

First and foremost, the experience of our people will become an important asset to your organization. We'll quickly assimilate your business values, operating objectives and organizational culture.

Secondly, each client engagement will be supported by our principals. This value-added service affords your organization an additional level of expertise and management directions that only NearTerm can provide.

OUR BUSINESS PROCESS

Understanding
The first and most important step we take is to accurately profile the business demand created by a vacancy. Our team works with you to establish critical success factors, including reporting relationships, recent and expected performance trends, changes in the organization, staffing issues, vendor relationships and engagement duration.

Resource Allocation
Using your organization's business profile, we match your business needs with the skills of the NearTerm management professional who is best suited to serve your organization. Once the right person is selected and approved, we immediately begin a thorough orientation process that will allow NearTerm to "hit the ground running".

Engagement Management
Our management consultant maintains ongoing contact with you and the NearTerm manager serving your organization. The objectives are to:

• Ensure that we remain apprised of the existing and changing business conditions so we can maintain a proactive approach to problem-solving and planning.
• Promote synergy and creativity in day-to-day business activities through the infusion of our collective experience and expertise.