Success Story
The Client: One of America’s largest long-term care and rehabilitation services providers, employing over thirty thousand employees in a twelve states, requested that Chase Cost Management provide them with a no-cost audit of their non-medical supplies.
The Issue: This premiere medical organization was considering joining a group purchasing organization (GPO), but first wanted to evaluate its current office supply contracts.
The Solution: Chase Cost Management, using its proprietary metrics and deep industry experience, not only evaluated the organization’s current office supplies contract, but the client’s total costs under the proposed GPO provider arrangement. Instead of the health care provider joining the GPO, CCM was able to establish better-than-GPO pricing with the office supply vendor as well as instituting a robust rebate initiative that saves the health care provider more than seven hundred thousand dollars annually. In addition, CCM provides quarterly audits and closely monitors usage to keep the core list efficient.
The Solution: Chase Cost Management, using its proprietary metrics and deep industry experience, not only evaluated the organization’s current office supplies contract, but the client’s total costs under the proposed GPO provider arrangement. Instead of the health care provider joining the GPO, CCM was able to establish better-than-GPO pricing with the office supply vendor as well as instituting a robust rebate initiative that saves the health care provider more than seven hundred thousand dollars annually. In addition, CCM provides quarterly audits and closely monitors usage to keep the core list efficient.
Benchmark Analysis
CCM’s provides an unbeatable team of expense reduction analysts and librarians to arm your organization with up-to-date comprehensive benchmarking data.
Our team’s knowledge and experience in managing costs for information as well as directing, operating libraries, information centers and research bureaus will help your organization:
- Understand rapidly evolving trends and best practices in publishing, database research and content provider practices
- Take a long view as to a realistic information strategy for acquiring and licensing information without ignoring any of the important details
- Measure your current spend against competitor firms and organizations
Our benchmarking evaluation includes:
- Identification of saving opportunities
- Contract language and vendor intent analysis
- Line-by-line review of invoices
- Analysis of where your organization stands amongst your competitors and peer organizations with respect to spend
- Thorough review of suppliers and vendors
Most importantly, once we have achieved savings, the support doesn't stop - we are with you each step of the way through the life of the contract to help you maximize your investment.
Bottom line: expense reductions without interrupting or short-changing the information resources you need to stay ahead of your competitors.
All client and vendor information are held in strict confidence, in accordance with our mutual non-disclosure agreements, signed at the beginning of each engagement.
