Revenue Improvement—Cardiac Diagnostics

Key result areas: Operational turnaround

• Strategy to reverse impact of 30% decline in revenue due to fall-off in referrals from GPs
  • Identify and exit unprofitable clinic sites
  • Re-build clinic presence in key geographical areas
• Best practice labour model and costs
  • Reduce number of registered nurses and nurse assistants
  • Streamline workflow and significantly increase cardiac echo techs completed
• Technology enablement
  • Exploit new cardiac echo machines giving 5 x improvement in test times
  • Introduce automated echo test reporting based on artificial intelligence engine
  • Remote cardiologist login and cardiac echo test approval

Results delivered

Clinic business cash flows stabilised and business sold.