Mazars USA said it plans to focus on a number of issues, including revenue cycle management and staffing, as it begins to operate Washington, D.C.-based United Medical Center, according to a Washington Business Journal report.
Here are five things to know.
1. On Feb. 5, UMC's board approved a $5 million, eight-month contract with accounting and financial consulting firm Mazars USA. The board voted to hire Mazars in January, two months after the district's City Council terminated the hospital's management contract with UMC's former manager, Veritas.
2. D.C. Council members approved the Mazars contract Feb. 23, meaning the firm is expected to begin operating UMC Feb. 26, according to the report.
3. Before the contract was approved, Mazars touted its qualifications during a D.C. Council health committee hearing, according to the report.
4. Mazars Healthcare Principal Ira Gottlieb said at the hearing the company plans to bring CEO Matthew Hamilton, along with various other C-suite executives, to operate the hospital, the Washington Business Journal reports. The publication notes he also revealed the firm would focus on RCM,staffing and individual department performance within the first couple months on the job.
5. D.C. Council members ultimately approved the Mazars contract amid a bid protest by competing operator FTI Health Solutions, part of FTI Consulting. The bid protest is still ongoing, according to the report.
Read the full report here.
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