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Intensive Resource Group (IRG) Helps Hospitals Address Financial and Operational Crisis
Date:2/5/2009

both urban and rural markets. His team is comprised of hospital finance and operations experts from across the country.

Already hard at work, IRG's most recent engagements with facilities in California, Pennsylvania and Washington, D.C, include turnaround situations in which the company has improved operating margins, decreased accounts receivable days, boosted net patient service revenues and successfully renegotiated managed care contracts. All of this has been done against the backdrop of an ailing economy and decreasing Medicare and Medicaid reimbursement rates.

"When a hospital works with IRG, they can trust in our unsurpassed ability to quickly analyze their operating and financial reality and develop customized strategies tailored to meet the hospital's immediate needs, growth plans and patient care objectives," says Venuto. "Our intensive approach encompasses both immediate and long-term sustainable improvement, not just a 'quick fix.'"

Because of its affiliation with QHR, IRG is able to draw on the resources of the nation's largest hospital management company. IRG clients can tap into the experiences and best practices of approximately 300 CEOs and CFOs and 150 healthcare consultants across the country. They can also call upon the QHR Learning Institute, QHR's training and education resource, and American Health Facilities Development, the company's partner in healthcare facility planning and construction program management.

About Intensive Resource Group (IRG)

IRG provides intensive short-term support to hospitals and health systems facing high-level challenges such as bond covenant default, loss of accreditation, sale/merger issues and bankruptcy. IRG is a wholly owned subsidiary of Quorum Health Resources (QHR) which has provided consulting, management, construction, and education resources to hospitals and health systems for three decades. QHR is the market leader in hos
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SOURCE Intensive Resource Group (IRG)
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