Medical Substance Abuse Withdrawal Management

Innovative Cost Consultants helps health care providers use existing resources to generate new revenue, new service that provides a minimum guaranteed 35% profit margin with no capital costs, and fill an unmet community need.

Service Offering:

• Complete turn-key operation with no capital investment, renovations, or upfront costs
• Not a behavioral or psychiatric service and not patients in advanced stages of withdrawal who need emergency care or who typically are dealt with in the hospital emergency department

Deliverables:

• No cost pro forma and market assessment
• Average service generates profit margin of 35% – 55%, 28 patients a month, $925,000 of reimbursed revenue, and $440,000 of positive cash flow
• No capital investment, renovations, upfront costs, and a complete turn-key operation
• 98.5% of patients discharged within 3 day DRG
• Reimbursement averages 97.7% percent, a 2.3% denial rate
• Hospital receives monthly report on admissions, reimbursement, and financial profitability
• Meets ACA requirements of annual community needs assessment and plan
• Improved patient outcomes
• Results guaranteed with an easy out clause