Coker

???? We want to take a moment this Thanksgiving to express our deepest gratitude for our dedicated clients, our talented team, and our partners who inspire us every day as we navigate the evolving healthcare landscape together. From all of us at Coker, we wish you a Happy Thanksgiving filled with warmth, joy, and cherished moments with family and friends.

As we approach Thanksgiving, we want to take a moment to express our gratitude for our clients, partners, and colleagues who make our work meaningful. This season reminds us of the importance of collaboration and innovation in overcoming challenges. In this week’s newsletter, we’re highlighting our latest podcast episode featuring how we partnered with Community Health Access Network (CHAN) to modernize their healthcare IT systems. #AskCoker #HappyThanksgiving #GiveThanks #ClientAppreciation #CokerGroup

We pride ourselves on delivering strategic solutions that create tangible results. Recently, we partnered with a 48-bed hospital in the Pacific Northwest to revamp their CRNA compensation and improve operational alignment. The outcome? A reduction to 18% open CRNA positions from 50% and a 50% reduction in locum expenses within just six months! This achievement highlights the power of a well-crafted, collaborative strategy to support both recruitment and retention while driving down costs. Want to dive into the full story? Check out the complete case study here: https://ow.ly/iplu50U7rrt #HealthcareConsulting #CRNA #OperationalExcellence #TeamCulture #CokerGroup #Coker

?? Physician Shortages: The Road Ahead for Rural Healthcare Did you know that nearly 100 million Americans live in areas where healthcare professionals are scarce? Rural hospitals, already facing higher rates of chronic illness and limited resources, are projected to see a 25% reduction in physicians by 2030. This critical shortage demands strategic solutions for recruitment and retention to ensure communities receive the care they need. We understand the unique challenges rural healthcare providers face and are committed to helping them overcome them through innovative, sustainable strategies that promote growth and adaptability. ?? Dive deeper into the current landscape and discover the path forward for rural healthcare in our latest blog post. ?? https://ow.ly/re7i50U7ris

?? Is your healthcare organization struggling to navigate complex regulatory requirements and maintain compliance? At Coker, our Healthcare Compliance Officer Services help you build a robust compliance program that protects your organization while optimizing operations. Our seasoned compliance professionals deliver: ? Comprehensive compliance program development and implementation ? Risk assessments and mitigation strategies ? Policy and procedure development ? Staff training and education ? Ongoing monitoring ? Investigation support and corrective action planning Let’s connect! #HealthcareCompliance #RegulatoryCompliance #HealthcareSolutions #ComplianceOfficer #HealthcareConsulting #RiskManagement #Healthcare #ComplianceProgram #HealthcareLeadership #CokerGroup

?? Data Quality: The Foundation of Digital Transformation in Healthcare Before any healthcare organization can achieve a successful digital transformation, one crucial step must be taken: ensuring high-quality data. Data completeness, duplication issues, and integrity are vital checks that should be made before investing in advanced automation or AI solutions. Without reliable data as the bedrock, even the most sophisticated systems fall short. Ensuring high-quality data paves the way for meaningful insights, better patient outcomes, and more efficient operations. Make data quality a priority, and you'll set the stage for transformative success. Want to know more about how to approach data quality as a key step in your digital strategy? Read our latest blog post for deeper insights. https://ow.ly/tCf250U4IKF #DataIntegrity #DigitalTransformation #HealthIT #AskCoker #CokerGroup

For any healthcare organization aiming to implement a successful digital transformation strategy, it's essential to focus on three core components: People, Process, and Technology. ?????? People – From business leaders and analysts to developers and data stewards, it takes a collaborative effort from all stakeholders to drive meaningful change. ?? Process – Emphasizing analytics, data migration, quality management, and master patient indexing ensures that systems operate seamlessly and effectively. ?? Technology – Leveraging cutting-edge solutions, including cloud platforms and embedded systems, empowers organizations to innovate and improve care delivery. We guide healthcare enterprises through these essential pillars, ensuring their digital transformation strategies lead to enhanced operations and patient outcomes. Curious to learn more about how these components can transform your organization? Read our full blog post for in-depth insights. https://ow.ly/mf3v50U4IHf #HealthcareInnovation #DigitalTransformation #AskCoker #CokerGroup #HealthIT

In our latest newsletter, we share how Coker’s strategic approach helped a multi-hospital, value-based care entity embrace growth and adaptability through a comprehensive restructuring. Dive into the full case study to see how we guided this organization toward sustainable success. ?? Also Featured: Download our 2024 APP Strategy & Oversight Survey—discover key trends impacting APP utilization and compensation strategies in healthcare. ?? Team Update: Join us in welcoming Phil Culligan to the Coker team! ?? Upcoming Events: November 18-19: CAPS Annual Conference, Chapel Hill, NC November 20: Opus Connect NYC Healthcare Conference, New York, NY November 20: Specialdocs Webinar (Virtual) We’re proud to partner with healthcare leaders in driving excellence. Together, let’s elevate health outcomes! #HealthcareTransformation #ValueBasedCare #APPStrategy #AskCoker

Join Max Reiboldt, CPA and Terry Bauer tonight! Click the Specialdocs Consultants post for the registration link. ??

When a multi-hospital value-based care entity faced operational and structural challenges in its Accountable Care Organization (ACO) and Clinically Integrated Network (CIN), it turned to Coker for a solution. What began as a valuation engagement quickly evolved into a comprehensive restructuring project that transformed how the Entity operated. Our Approach: 1. Initial Valuation Engagement: Uncovered deep-rooted structural issues. 2. Consultation: Partnered with leadership and legal counsel to identify solutions. 3. Strategy Development: Engaged in collaborative strategy calls to build consensus. 4. Financial Modeling & Legal Drafting: Detailed re-mapping of assets and financial flow. 5. Leadership & Board Approval: Secured buy-in for a flexible, future-focused structure. The Result? A new MSO structure that empowered participants to adapt seamlessly, ensured sustainable operations, and paved the way for future growth. ?? Want to learn more about how we navigated this complex restructuring and the impact it had on the organization? Read the full case study here https://ow.ly/qsut50U3x8X #HealthcareConsulting #CaseStudy #ValueBasedCare #AskCoker #CokerGroup #StrategicRestructuring