Slide background

Channon & Associates has an outstanding track record partnering with hospital and system senior leadership to speed up execution of results and meet financial improvement goals.

Representative Results

  • Implemented major cost reduction initiatives at dozens of medical centers; Savings of $5,000,000 to $100,000,000
  • Developed and implemented breakthrough approach to lower overhead and corporate cost by over $15,000,000
  • Implemented $35M in cost reduction (on $600M base); operating margin improved from 0% to 5.2% in eight months. Implemented departmental and systemwide cost reduction plans
  • Reduced costs 13% more than planned with labor productivity improved to the 35th percentile of benchmarked hospitals; Cost reduction targets were fully realized within 6 months of plan implementation
  • Exceeded savings realization goal by 20% with over $10M annual recurring on a $350M base
  • Implemented cost reduction of over $26M which was 102% of the targeted savings level; Work spanned six entities including hospitals, rehab and behavioral health facilities, home health and corporate office

Interested in what our clients are saying about us?

If Channon & Associates sounds like a firm you would like to consider, we invite you to call us at 847-945-2409 or email us at info@channonconsulting.com

Representative Results