Case Study: a $2B+ rural health system achieves rapid financial turnaround with The Chartis Group

a $2B+ rural health system achieves $50M+ recurring margin improvements with The Chartis Group

A $2 billion+ rural health system was facing a steep financial decline and a substantial operating loss that triggered its debt covenants. The system needed to urgently stabilize its financial performance to preserve care access and ensure its long-term viability. It engaged The Chartis Group as an independent consultant and transformation partner.

The Chartis Group co-created a solution that included aligning the workforce with demand, renegotiating vendor contracts, improving the revenue cycle, and optimizing the 340B program. This resulted in over $50 million in recurring margin improvements within 120 days, with an additional $150 million in targeted improvements underway. These actions preserved care delivery and put the health system on a path to achieving an 8% operating margin.