StratEx
131 High Bluff Rd., P.O. Box 217
Deer Harbor, WA 98243
p 360 376-6168
f 360 376-6178
e keck@stratexhealthcare.com

Services

Strategy

Strategic Plans
Business Plans
Strategic Consultation
Second Opinions
Retreat Facilitation

Execution

Transactions
Turnarounds
New Program Implementation
Diagnostic Consultation

Strategy

Strategic Plans

Situation Analysis/Forecast
A rigorous combination, of quantitative and qualitative analysis describing the current and likely future state of

Strategic Intent
As an organization what are we trying to accomplish?

Distinctive Competencies
What should we keep doing?
What are the strategic leverage points?

Innovation and Growth
What should we start doing?

Harvest and Divesture
What should we stop doing?

Goals
What are our priorities and commitments?

Performance Improvement
How will the infrastructure and overhead departments support the strategic plan?

Financial Forecast
5 year analysis capital and operating plan (the strategies expressed in dollars and cents.)

Execution
Accountability with measurable performance benchmarks.

 

Business Plans

Define the Business
What business are we in? Scope of services and target population. Is it consistent with our strategic plan?

Market Analysis
Size, geography, potential, distinctive features, demographic and technology trends.

Competitive Analysis
Market share, positioning, strengths, weakness, future strategy.

Self-Assessment
Where are we relative to the market and competition's strengths and weaknesses?

Margin Analysis
Where and does our business come from? Where are ….making/losing money?

Opportunity/Risk Analysis
What are the risk and rewards of various actions?

Strategies and Tactics
What are the specific iniatives required for success?

Financial Analysis
5 year proforma including cash flows and capital budget.

Implementation
Specific actions with timeframes, accountability, and expected outcomes.

Exit Strategy
Under what circumstances would we exit this business?

 

Strategic Consultation

Advice and consultation, an opportunity to draw on the experience of other executives as you explore solutions to problems or consider new opportunities.

Second Opinions

Provide an objective and analysis of an existing or proposed strategy.

Retreat Facilitation

As an experienced and objective third party, we can advance organizational thinking by focusing discussion and challenging the status quo.

 

Execution

Facilitate Transactions

StratEx can help determine if your organization needs a “business partner” to execute its strategy. If yes, provide experienced assistance to successfully complete affiliations, mergers acquisitions, employment contracts; joint ventures and management contracts.

  1. Establish Organizational Transaction Criteria
    Help develop or refine your investment and affiliation criteria.
     
  2. Understand the Motives and Backgrounds of the Parties
    Prepare background history and track records of both parties.
     
  3. Agree on Mutual Goals
    Work with the parties to agree on and document mutual goals to be used as a guide to the transaction.
     
  4. Every Deal is Different
    Identify the unique characteristics of the specific transaction.
     
  5. Prepare a Business Plan
    Prepare (or revise) the business plan to determine if goals of he parties are achievable.
     
  6. Negotiate the Deal Points
    Agree on issues such as ownership, management, capital investments, exit strategies, branding, ego issues.
     
  7. Create the Legal Structure
    We suggest that the parties jointly hired a transaction attorney to help select the appropriate legal structure and craft the definitive agreement.
     
  8. Craft the Definitive Agreement
    Make sure the business and deal points are properly expressed in the legal document.
     
  9. Manage to the Business Plan
    Select the right people and allocate resources to achieve the business plan.
     

 

Service Line Turnarounds

StratEx's experienced executives have led turnarounds from hospitals to heart programs and group practices. We will help you execute a successful turnaround using these Keys to Success.

  1. Know Yourself
    Conduct an honest self assessment.What are your strengths and weaknesses? What specific volumes, revenue, and expense metrics are missing plan?
     
  2. Know the Market
    Define the market. How has the market changed? Who are your competitors? What are their strengths and weaknesses?
     
  3. Understand Your Customer
    Who are they? Do you have the right market segment? What do they want? What don’t they want? Do you understand their needs?
     
  4. Understand the Key Strategic Leverage Points
    How do you maximize your competitive advantages? What actions will produce the most results?
     
  5. Hire the Right People
    Do you have a "focused champion"? Do you have the right people in the right positions?
     
  6. Invest Resources To Get The Job Done
    Capital, management time, and focus. Are you investing enough to be successful? Or Too much.
     
  7. A Passion for Execution and Results
    Do you have the right metrics and incentives in place? What senior executive is accountable for performance?
     

 

New Program Implementation

Have a plan? StratEx will help you execute.

 

Diagnostic Consultation

Not meeting targets in your business plan? StratEx will conduct a focused review to determine why.