What We Do

The Bestige Group helps Healthcare and Nonprofit organizations increase revenues, lower costs, and maximize profitability through on-demand profit and segmentation analysis and applying leading management practices. Our subscription-based solutions allow clients to maintain financial and operational flexibility while driving sustainable growth.

Up to 40% of patient and donor relationships are unprofitable – we help you identify which ones and why

Up to 40% of patient encounters are unprofitable – we help you identify which ones and why

Scale up and down as needed with our on-demand service model

Eliminate the need for analysts, technology, and other overhead costs

Lower revenue acquisition costs and strengthen your negotiation position with our powerful insights

 

Gain visibility into process inefficiencies and resource utilization

 

How We Do it

Identify

  • Identify the profitability and cost behaviors of each segment by analyzing operational and financial data through our leading technology and business analysis applications

DESIGN

  • Develop the correct strategy to transform unprofitable encounters while structuring an actionable plan to reach and retain those that are valuable to your organization

Deliver

  • Solutions to increase profitability and lower costs:
    • Promote high-profit services to the appropriate segments to lower acquisition costs
    • Improve patient and donor relationship management
    • Opportunity for customized pricing policies
    • Process improvements to lower overhead costs
    • Understand how your profitability and cost profiles compare to other practices
  • Continuous performance monitoring to ensure profitability and cost targets are being met

Case Studies

New Patient Analysis

Client: A leading specialty practice (multiple locations) 

Challenge: Lack of success in understanding impact of new patient acquisition efforts

Actions: Performed detailed analysis of client’s data and combined with our access to vital external data

Impact: Pinpointed new markets to focus efforts from deeper understanding of where new patients are coming from and which marketing efforts new patients are responding to

Patient segmentation

Client: A provider strategically growing their business

Challenge: Did not have clear understanding of patient segments being served

Actions: Leveraged statistical modeling to segment patients into distinct categories

Impact: Targeted marketing efforts and new locations for expansion due to clearer understanding of the characteristics of their High Yield patients

Population analysis

Client: Multi specialty clinic

Challenge: Challenge in defining the socioeconomic behaviors of the population in surrounding areas

Actions: Analyzed population in surrounding areas and provided valuable data points around Income Levels, Social Medical Usage, Health, Insurance Coverage, and Population Growth

Impact: Provided the organization valuable information that has driven expansion and Merger and Acquisition decisions

PREDICTIVE ANALYSIS

Client: Growing provider in the Southeast

Challenge: No insight into behavior and outcome of future patient encounters

Actions: Conducted statistical modeling and probability analysis                  

Impact: Determined the percentage likelihood of defined outcomes so the organization can alter processes to positively impact operations


Example Clients