Every business in North America buys services out of necessity to run their operations. However, most business managers are not well equipped to negotiate the best deal for their business because it isn't something they do every day. They don't have benchmarks to compare their costs to others in the marketplace nor do they have specialized knowledge of the areas that they are working on. Additionally, healthcare businesses need to concentrate on patient care, reimbursement, staffing and a host of other urgent and important concerns.
That is where we come in!
We bring in our Fundi's (experts) in specific service areas to drive your costs down, keep your vendors honest and get you the best deal for your circumstance.
Although we like to believe that EVERY situation is one where our fundis can save you money and be successful - that just isn't true. Closer to the truth is that our fundis are successful in 91% of assessments. It all starts with a conversation where we learn about your business and you get to know us.
From there our fundis will take a look at your contracts and invoices by service. We can't do it all at once, so usually we start with 3 or 4 services - this initial look we do for free - a risk free proposition for you.
We will present back to you - once again by service area - what we've found and what the savings opportunity is. Typically we find historical "Billing Errors", non competitive rates, price escalators, unnecessary services, zero usage items (that are billed monthly), over service, surcharges or unjustified fees.
If the value proposition is compelling - you will instruct us move forward and implement the savings - which we do in collaboration with your team to ensure that the resulting solution meets your needs. In this case we share in the savings with you. If you decide not to implement, or if there are no (or limited) savings there is no cost or obligation to you and we all move on to the next deal.
Lastly and significantly - we monitor and audit the vendors on a monthly or quarterly basis. Although the savings are estimated initially, we monitor and corroborate ACTUAL savings for each service on an ongoing basis. We see our fundis as your vendor watchdogs making sure that none of the past practices come back into your bills.
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