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Pathstone Partners is an active healthcare consulting firm specializing in operational and financial improvement for hospitals and health systems. They focus on increasing margins for healthcare providers by lowering operational costs while maintaining or improving quality of care. Their clients include acute care facilities, academic health systems, regional and community health systems, pediatric centers, and non-acute care organizations. The company reports measurable results such as significant annual savings through cost reduction initiatives in areas like program management fees and supply chain optimization. Example outcomes: - $120K+ annual savings for high-cost programs via management fee reduction. - ~25% reduction in bulk oxygen costs. - ~$630K annual savings through physician/supply chain collaboration. Their approach involves identifying margin improvement opportunities, implementing collaborative action plans with stakeholders, and ensuring sustainable results post-implementation through ongoing review and talent development.
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