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Have you considered optimizing existing revenue streams to increase your profit margins?

Through 80 combined years of healthcare parking oversight, our leadership team has confirmed time and again that parking revenue already present on campus often slips through the cracks daily – and goes unrealized. Capturing this revenue will grow your profitability and be the difference between:
  • Minimizing FTE cuts or not;
  • Avoiding elimination of critical patient care programs or not;
  • Gaining funds to pay for upgraded equipment or not;
  • Paying for a valet service or not; and
  • Overcoming cost increases, and state and federal reimbursement reductions or not
Cornerstone Parking Group can optimize your existing parking revenue to realize these benefits.

Evaluating internal revenue streams for optimization is critical - because external environments out of hospital's control continue to significantly challenge margins. Industry trends are creating a need for health care organizations to change the way they operate to be more efficient.
 
Optimizing your parking revenue is not a one-time event. We have proven that by persistently applying the same laser focus and detail to parking "outside" the hospital, that you apply to saving lives "inside" the hospital, you gain tremendous revenue growth and patients receive priority attention. In Cornerstone, you gain a trusted extension of your organization that does not leave critical details to chance.

Fact: From 1980-2009, more than three hospitals per month shut down - permanently.

Fact: In 2000, Medicare was underfunded by $3.8 billion. By 2008, Medicare was underfunded by $32 billion. It is estimated that by 2020, Medicare will be underfunded by $155 billion.

So much of the healthcare market is changing. You face constant challenges - rising costs, shrinking reimbursements, competitive pressure, space constraints, budget cuts, and patient satisfaction goals to name a few. All of them require that now, more than ever, you must optimize every revenue stream already in your control, and that includes parking.

Cornerstone has helped other clients overcome some of these daily challenges.

Let us help you by increasing parking revenue streams already in your possession.