Financial Transformation

As US healthcare faces unprecedented financial challenges and dissipating profit pools, innovative financial transformation is key.

The financial challenges facing the healthcare delivery ecosystem have fundamentally changed since 2020… and they are not getting better.

Margins have atrophied as a result of changes to demand. And any expectations that margins would recover as the pandemic subsided have not been realized.  

Increasing wages, clinical shortages, and unionization are spiking labor costs, which means the old way of doing business is no longer financially sustainable.  

At Chartis we realize responsible financial stewardship is the bedrock that enables every healthcare organization to fulfill its mission. We work with clients to positively transform financial performance by driving efficiencies through core processes and operations; adopting and integrating innovative technologies; improving the revenue cycle; managing labor and non-labor costs; implementing economies of scale; and fulfilling the promise of integration. 

Delivering a financially stable healthcare ecosystem enables sustained and well-funded strategic priorities, which drives organizational success. This benefits providers, patients, and the broader community, resulting in a better healthcare experience for all. 

Our practices

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key insight

Stabilize to transform: How to rapidly improve financial performance while designing the health system of the future

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Our Financial Transformation leaders

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Kevin Ormand

Managing Partner and Leader, Financial Transformation

Kevin Ormand co-leads the Financial Transformation Line of Business. He brings over 25 years of experience in strategy development, operations management, revenue cycle technology implementation, technology integration with revenue cycle business processes, and enterprise revenue cycle performance improvement. 

gamble headshot

Rob Gamble

Managing Partner and Leader, Financial Transformation

Rob Gamble co-leads the Financial Transformation Line of Business. Rob brings over 25 years of experience leading complex operational and performance improvement projects aimed at achieving sustained, transformational change for healthcare provider organizations. 

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