SEC Filings

8-K
ENVISION HEALTHCARE CORP filed this Form 8-K on 11/13/2017
Entire Document
 


Slide 8

Improving operational efficiencies Reduce total RCM sites/vendors consolidating best practices Centralize Emergency Medicine / Hospitalist Medicine billing operations Migrate select sites to off-shore coding capabilities We are taking discrete actions that are expected to improve our operating performance and realize $50mm of incremental Adjusted EBITDA in 2018 Rationalize staffing levels and mix for current volumes in-line with 2016 ratios yielding 25bps of productivity enhancement Convert additional 10% of 3rd party vendor locum tenens usage to internal locum tenens recruiting resources Renegotiate lower margin system contracts to address staffing mix and / or subsidies Achieve 20bps improvement in overhead as a % of Net Revenue Rationalize Corporate Overhead costs Streamline IT functions post-AMR separation Reduce consulting fees Enhancing Our Customer Focus Creating Scale Driving Operational Excellence 3rd party consultant review completed Q3 RCM leader to be appointed Q4 New President of Physician Services New operations leadership for Emergency Medicine and Hospitalist Medicine Recently appointed enterprise COO to lead initiative IT strategy solidified Q2 Key Initiatives Drivers Revenue Cycle Management Clinical Labor Management Operational Efficiencies