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.
CCM's benchmark and industry data gives your organization the ammunition you need to successfully negotiate freight & logistics contract, create RFPs and evaluate proposals from vendors.
We take a detailed look at your invoices and agreements, and evaluate it against our own proprietary data compiled through hundreds of similar exercises to give you an exacting look at how well your contracts are performing and where there is room for improvement.
On average we save our clients 15-20% over even the most aggressively negotiated rates.
Our benchmarking evaluation includes:
Once the contract has been signed we don't leave it there. CCM partner's with you to audit and analyze invoices, track performance metrics and provide with regular, as well as on-demand customized reports that highlight how savings are being realized and where we see opportunities for greater expense reduction.
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.