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Profile of Ramona Lacy
 

Ramona Lacy

 
MD - Huron Consulting Group Inc.
 
Ramona Lacy Email :
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Company Name : Huron Consulting Group Inc.
 
Company Website : www.huronconsultinggroup.com
 
Company Address : 550 W Van Buren St.
, Chicago, IL,
United States,
 
Ramona Lacy Profile :
MD - Huron Consulting Group Inc.
 
Ramona Lacy Biography :

Ramona has over 18 years of consulting experience with healthcare provider organizations. She has helped clients achieve millions of dollars of results in healthcare operations areas including non-labor cost reduction workforce productivity supply revenue enhancement and performance management systems. Ramona has worked with an extensive number of healthcare organizations in the supply chain consulting area including over 100 hospitals and five group purchasing organizations. She has extensive experience in non-labor expense management including physician preference supplies medical-surgical supplies group purchasing organizations contracting and purchased service contracts.

Professional Experience

Prior to joining Huron Ramona was a Principal at Wellspring Partners now a Huron Consulting Group Practice. While there she led the supply chain management practice focusing on three main areas of supply chain financial management: non-labor cost reduction supply chain revenue enhancement and business process redesign. Previously she served as Healthcare Consulting Partner with Arthur Andersen LLP in charge of its national hospital supply chain management practice.

Representative examples of Ramona's recent engagement experience include:

Served as Engagement Partner at a five-hospital system operating with a $500M budget and a non-labor spend of approximately $200M. During a six-month timeframe $22M in non-labor savings were identified $15M of which were implemented. Costs were cut in the following areas: Pharmacy Cath Lab Surgery Medical Supplies Food Contract Services and Employee Benefits.

Served as Engagement Partner at a three hospital system operating with a $400M budget and non-labor spend of $200M. Engaged to implement a minimum of $7.9M in non-labor expenses in the following areas: Surgical Services Medical Surgical Supplies Cardiovascular Supplies Pharmaceuticals and Hospital Pricing. Ramona led the team that during the first five months implemented more than $9.5 million in savings.

Directed supply chain cost reduction projects at over 100 hospitals to aggressively reduce costs by up to 15% in the supply and purchased services areas. Tactics included contract renegotiation product standardization value analysis supply utilization price benchmarking and group purchasing organization utilization.

Reduced annual non-labor costs by $1M to $20M for numerous not-for-profit and for-profit hospitals and health systems. Managed projects that drastically cut costs in the following areas: pharmacy cath lab surgical services medical surgical food and nutrition laundry and linen telecommunications energy management office supplies and equipment physician contracts transcription employee benefits insurance human resource vendor contracts staffing agency contracts etc. Savings were verified back to purchase orders and invoices to ensure realized savings.

Performed numerous group purchasing organization contract comparisons. Determined "total landed cost" including price rebates discounts distribution fees equity etc. for various group purchasing and self-contracting options.

Developed contract compliance monitoring tools and dashboards.

Led the industry wide supply chain eCommerce study to quantify potential benefits.

Implemented procurement and financial information systems at healthcare provider organizations. Redesigned financial and procurement processes to maximize use of the information system.

Education & Certifications

Bachelor of Science Computer Science Louisiana Tech University

Certified Public Accountant

Professional Associations

Member American College of Healthcare Executives

Member and Speaker Healthcare Financial Management Association

Member Association for Healthcare Resource & Materials Management

Speaking Engagements

Ramona has lectured on non-salary cost reduction techniques and is a speaker on integrated delivery network topics.

 
Ramona Lacy Colleagues :
Name Title Email

Gary Holdren

Chmn., CEO, Pres. Please login

Gary Burge

VP, CFO, Treasurer Please login

Daniel Broadhurst

VP, COO Please login

Natalia Delgado

VP, General Counsel, Corp. Sec. Please login

Wayne Lipski

Controller, Assist. Treasurer Please login


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