Financial Improvement Consulting 2023: A Look at Achieved Outcomes in a Financially Challenging Environment

Healthcare organizations are facing unprecedented financial pressure; several macroeconomic factors-including the COVID-19 pandemic, inflation, and staffing shortages-have forced organizations to work around decreased revenues and increased costs. At this critical time, organizations are looking to consulting firms to help improve their financial performance and circumnavigate obstacles. KLAS' “2020 Financial Improvement Consulting report” examined how firms were providing guidance to healthcare organizations during the early months of the pandemic. Now, roughly three years later, this report offers an updated look at the types of work consulting firms are doing and the outcomes clients are achieving in this financially challenging environment.