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
Our engagement with you begins with our no-cost benchmark review. As part of this comprehensive review process, we will evaluate your company’s spend, contracts and invoices. All components of your office supply needs are taken into consideration:
- Costs for equipment and supplies
- Costs of maintenance, upgrades and repairs
- Supplier reputation, customer service and inventories
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 ensure that the savings put in place are achieved and you get what you were promised. Our team of analysts and support personnel can work directly with vendors or clients to ensure that invoices are correct and savings are realized.
The end result? Real savings and true market intelligence that gives you the big picture plus all the important details needed to make the best purchasing decisions.
The end result? Real savings and true market intelligence that gives you the big picture plus all the important details needed to make the best purchasing decisions.
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.
