Medalogix

Wages to sales ratio decreased 70%

Annual net operating income increased 20%

The Situation

Medalogix offers analytics technology to home health care providers, allowing them to use clinical data to identify patient risk and improve care. Providing requested data to the board was proving to be time-intensive, with detailed financial reporting, month-end closings, and annual audits. Maintaining the flow of data often distracted the operational team from pursuing growth and efficiency. In short, Medalogix needed to work smarter, not harder, as the company continues to grow.

The Result

We implemented processes at Medalogix that allow dynamic reporting and reduced expenses. A more efficient reporting structure and identification of KPIs provided clear direction to management for enhancing growth and profitability. Medalogix now enjoys clear financial reporting and improved communication between the governing board, investors, and management. Wages to sales ratio decreased 70%, while annual net operating income increased 20%. The operational team, freed from cumbersome processes and audit compliance, now has the energy to focus on increasing growth and profitability.