The success of the Parkhill approach hinges on the superior performance of our facilities and affiliated physicians. To achieve the high standards patients and payers expect, we manage every aspect of development and operations. We also provide comprehensive performance-management services that enable our network to hit its clinical and financial targets
Facility management
Parkhill provides comprehensive management services for Parkhill and Parkhill affiliated facilities.
FACILITY AND STAFF DEVELOPMENT
- Accreditation
- Payer contracting
- Credentialing and medical staff relations
- Clinical/medical services contracting
PERSONNEL AND FACILITY MANAGEMENT
- Facility administration
- Human resources
- Board relations and communication
FINANCIAL MANAGEMENT
- Revenue cycle management
- Accounting and financial management
- Materials and inventory management
BUSINESS DEVELOPMENT
- Strategic planning and client satisfaction
- Benchmarking
- Quality improvement and clinical effectiveness
- Marketing
- Networking and business opportunities
Facility development
Our management guides facility development from concept through completion. The 12- to 18-month development process for a ground-up Parkhill Surgery or Surgery+ Center includes five phases—some of which are sequential, some concurrent.
- — Phase 1: Business plan/partnership development
- — Phase 2: Facility design and development
- — Phase 3: Facility construction and project management
- — Phase 4: Equipment planning
- — Phase 5: Licensure and opening
Physician governance
Parkhill takes a physician-centric approach. Our unigue series LLC structure, see below, allows for a greater percentage of physician ownership. All centers are governed by a board of managers with physician members.
Our facilities’ business dealings are straightforward and transparent— with no physician-owned distributorships and no out-of-network anesthesia or ancillary services. The center’s finance committee, comprising three physician investors, provides financial transparency. Finance committee members have viewing access to the operating account and are responsible for recommending a capital budget to the board and determining the frequency and size of distributions.
Our innovative
series LLC structure
We’re developing the Parkhill network with a unique series LLC structure that enables our centers to organize under a single tax ID number. The structure enables network-based contracting with payers and creates economies of scale. This approach—combined with other organizational and operational innovations—offers major advantages over traditional independent and health system-owned surgery centers