Feasibility Study and Program Assessment
If you are interested in providing wound care, hyperbaric services, or both, but are not sure if your market can support a program, then a MATRIX Feasibility Study may be right for your facility. MATRIX takes information from your hospital, your patient population, competing facilities, and other sources and determines your “essential elements of success” score. We compare your hospital’s score with the historical data of over 30 different wound centers to determine what your patient volumes would likely be if you implemented a wound center.
The Feasibility Study requires MATRIX consultants to make a site visit to gather needed information from your hospital and meet with key staff members and physicians. A detailed report will be developed as well as a comprehensive wound center proforma showing your hospital’s wound center projected revenues.
If additional consulting or management services are requested from MATRIX, the Feasibility Study fees may be deducted.
This program can save lots of time and resources by preventing you from starting a program without the necessary resources or developing a program in an area that is not likely to produce a sustainable volume of wound and hyperbaric patients.
Is your program performing optimally? Should you be treating more patients or be more efficient?
Could you increase hyperbaric treatment volumes by increasing marketing efforts? Are you using resources effectively to maintain an appropriate average cost of wound care?
Once a wound care and hyperbaric program is developed, there is often little emphasis to continually improve. If your program has been in operation for several years, it might be time to have an outside expert take a look at your program from a new perspective.
MATRIX consultants will assess your current wound center for critical success factors such as: model and focus, resource utilization and profitability, interdepartmental integration, current patient volumes compared to industry norms, leadership, physician issues, wound healing therapies and outcomes compared to national trends, general operations of program, referral base evaluation and appropriateness of referrals, safety, equipment, marketing initiatives, regulatory compliance and more.
MATRIX will make recommendations for improvement in all areas found deficient through a detailed report.
Contact us if you are interested in having an expert review of your program.