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Provider

Situation

A large network of outpatient imaging centers sought to improve its operational efficiency and overall profitability. Parthenon worked with the company’s management team to address the following questions:

  • What is the optimal center footprint to drive profitable growth in an otherwise flat market?
  • What improvements to the cost structure would help restore center profitability?
  • What marketing initiatives were most effective at driving scan volume?

Parthenon Action

  • Analyzed local market share and competitive dynamics to determine optimal center locations
  • Benchmarked staffing levels and scan throughput to assess operational efficiency
  • Surveyed site managers to determine the most effective marketing initiatives
  • Worked with management team to develop and implement 180-day action plan to drive profit improvement

Outcome

  • Client divested several facilities in sub-scale or unattractive markets
  • Client standardized staffing ratios across facilities and drove productivity metrics to exceed industry benchmarks
  • On-track to deliver a 50% improvement in operating profit

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