Cost Control Solutions

As healthcare leadership assesses the effectiveness of their supply chain models, they’re realizing that traditional business practices come up short—and for good reason. 

According to industry data, healthcare enterprises using traditional supply chain models report that supply expenses consume up to one-quarter of net patient revenue. By contrast, enterprises with clinically integrated supply chains see supply expenses as low as 12 percent—making a dramatic impact on the bottom line.

Our portfolio of cost control solutions begins with an end-to-end assessment of your supply chain, benchmarked against industry operating and performance metrics to create a clinical, integrated supply chain that reduces costs, increases operating efficiency, and improves system-wide coordination of supplies.

• Supply Chain Management With our comprehensive assessment as a guide, we provide a strategic vision and business plan to help you achieve a clinically integrated hospital supply chain from your purchasing department to patient administration.
  
• Pharmacy Inventory Management After an inventory management analysis, we’ll help you integrate solutions to accelerate your pharmacy order processes, drive budgetary and contract compliance, control ordering behaviors through product standardization, reduce administrative costs, and consistently capture vendor discounts.
  
• Reimbursement Management Our assessment and resulting technology solutions will help you take full advantage of manufacturer and government-sponsored reimbursement programs for care of indigent populations, which will free up significant cash to improve your bottom line and fund other strategic initiatives.
  
• Insourcing Transitioning pharmacy operations from an outsourced model to a self-reliance model can potentially yield savings in drug purchasing costs.