The Cost of Care (Consulting Magazine)

If you asked healthcare consulting leaders to list the industry’s top challenges at any point in the past decade, you’d hear a litany of thorny issues: the Affordable Care Act, razor-thin profit margins, ICD-10 compliance, patient safety, the physician supply, HIPAA, legacy technology, revenue cycle optimization, electronic health records (EHR), interoperability, MACRA and much more. Ask the same question today, …

KLAS: Which health IT consulting firms exceed hospitals’ expectations? (Becker’s Health IT & CIO Report)

Becker’s Health IT & CIO Report article written by Jessica Kim Cohen, May 31, 2018   Fifty-nine percent of provider organizations indicate the IT assessment and strategic planning firm they worked with exceeded their expectations, according to a KLAS Research report released in May. For the report, the health IT research firm interviewed leaders from 83 provider organizations that had …

The Road to Recovery: Healthcare’s Long Journey to Value (Consulting magazine)

After all the uncertainty that surrounded the passage of the Affordable Care Act, healthcare professionals were hoping for clarity. What they got instead is more uncertainty. When healthcare providers were (barely) coping with the recently passed Affordable Care Act (ACA) a few years ago, veteran consultants insisted that they had never witnessed the industry in more turmoil. Now, most healthcare leaders …

Healthy exchanges (Nashville Post)

Local partnerships aim to help providers get a grip on medical data Whether through the Nashville-based Center for Medical Interoperability or other overarching industry groups with big-name members, there’s been plenty of encouraging talk and a good bit of movement of late when it comes to the productive sharing of medical data. Local players also are making a lot of progress in …

Calling all revenue cycle managers, customer needs assistance up front (Becker’s Hospital Review)

Guest article by Mark Newton, Managing Director, Cumberland Consulting Group With the rise in high deductible health plans, many patients are beginning to assume increased financial responsibility and are shopping for healthcare services to find the most cost-effective options. In addition, the Affordable Care Act has resulted in a growing population of first-time insured patients who are making healthcare purchasing …

Fast-growing Franklin firm makes another big buy (Nashville Business Journal)

Cumberland Consulting Group, consistently one of the area’s fastest-growing companies, is adding to its ranks yet again. The Franklin-based health care strategic advisory, technology implementation and project management firm has acquired Little Rock-based Oleen Pinnacle Healthcare Consulting, according to a news release. The deal adds 50 people to Cumberland’s team, and continues the firm’s strategy to build a national footprint …

Cumberland Consulting Group to acquire Oleen Pinnacle Healthcare (Becker’s Hospital Review)

Cumberland Consulting, a national healthcare advisory, technology implementation and project management firm, has purchased Oleen Pinnacle Healthcare Consulting in a move to grow Cumberland’s footprint in the payer market. Oleen Pinnacle specializes in IT and operations for government healthcare agencies, integrated delivery systems and health plans. The transaction expands Cumberland’s ability to service government and commercial health plans. Read the …

Cumberland Consulting buys Arkansas peer (Nashville Post)

Deal grows workforce by almost 20% Health care advisory, IT and project management firm Cumberland Consulting Group has bought an Arkansas company with expertise in working with payers and providers. Cumberland’s deal for Oleen Pinnacle Healthcare Consulting brings with it about 50 employees, growing Cumberland’s payroll to more than 320. Oleen will stay in its Little Rock space, which will …

Cumberland Consulting launches performance improvement, revenue cycle arm (Becker’s Hospital Review)

Cumberland Consulting Group has launched a performance improvement practice to expand its revenue management services portfolio for healthcare providers. The performance improvement practice aims to help providers improve financial margins and increase operating efficiencies through focused revenue cycle consulting and solutions. Specifically, Cumberland will work with healthcare organizations to address value-based payments, bundled care arrangements, alternative reimbursement models and risk-based …