CHICAGO--(BUSINESS WIRE)--Prism Healthcare Partners LTD continues to enhance its offerings with the addition of Stephen Lothrop as Managing Director. Lothrop will leverage 20 years of labor performance improvement expertise to help hospitals, health systems and academic medical centers increase productivity and margins. As a leader of Prism’s Labor Cost Management practice, he will partner with clients to optimize their workforce through operational transformation; physician relationship management; streamlined organizational structure; corporate overhead reduction and balancing service, cost and quality.
“We are pleased to welcome labor expert Stephen Lothrop to Prism,” commented Bradley Fetters, Chief Operating Office of Prism. “Healthcare providers today face unprecedented pressures to manage costs. With Steve’s deep workflow and process redesign experience, he brings a vital perspective to help clients capture efficiencies so they can focus on what matters most – quality patient care.”
“Now more than ever, effective workforce management is critical for hospitals and health systems to succeed and advance their missions of care,” said Lothrop. “I am thrilled to join Prism, an organization that shares my commitment to helping providers optimize their teams and processes through creative, sustainable strategies.”
Prior to joining Prism Healthcare Partners, Lothrop held leadership positions in the healthcare practices of two global consulting firms as well as The Healthcare Management Council, Inc. He also served as Executive Director at Heywood Hospital in Massachusetts, where he worked with executives and board members in areas including market analysis, strategic development and operations improvement. Lothrop received a Master of Business Administration from McCallum Graduate School of Business at Bentley College and a Bachelor of Arts from University of Massachusetts.
About Prism Healthcare Partners
Prism Healthcare Partners LTD is a national healthcare consulting firm focused exclusively on helping hospitals, health systems and academic medical centers improve their financial, operational and clinical performance. Prism’s services include revenue cycle management, clinical documentation improvement, labor cost management, human resources, supply chain cost management, clinical performance, physician operations, clinical integration and physician engagement, and valuation and financial services. Prism’s team of senior level healthcare experts has decades of experience helping hundreds of healthcare organizations across the country improve performance. The firm is headquartered in Chicago and has an office in Fort Lauderdale. For more information visit www.prismhealthcare.com.