Hire a consultant that specializes in the spend category that you want to explore. There are cost reduction specialists in the areas of medical/surgical supplies, pharmaceuticals, medical waste, utilities, phone bills, employee benefits, taxes, etc.…
Read MoreMaking too many changes Make friends, not enemies with your vendors, staff, and surgeons. Only suggest a change of vendor or product when it is absolutely necessary. 90% of your cost reduction results should not…
Read MorePareto’s principle: Apply the 80/20 rule to both your vendors and items purchased through each vendor. 80% of your cost reduction comes from the top 20% of your spend. First, run an Accounts Payable report…
Read MoreWhy Containment Is so Crucial to the Success of an Ambulatory Surgery Center? There are only two things you can do to increase your ASC’s profitability: Increase revenues or decrease expenses. You can only do…
Read MoreBasudhaa Dasgupta Director of Credentialing & Payer Enrollment Can we redeploy specialists who don’t typically treat infectious diseases to care for patients battling the novel coronavirus? For example, can we create…
Read MoreThe global pandemic has forced the medical community to adapt quickly to the changing environment and the need to evaluate and treat patients from afar. So far it appears as if most have done so…
Read MoreEpisode 089 – ASC Podcast with John Goehle – Cost-Savings Strategies, Coronavirus, Improving Communication, and Support for ASC Bill in Congress. ———————————————————————————————————————————— About the Podcast A podcast with host John Goehle – one of the…
Read MoreWhether you code in house or outsource domestically (or even internationally), you have probably heard the talk about Artificial Intelligence (AI) and wondered about its impact on medical coding. In this brief, we will…
Read MoreBarry Denny Director of Expense Management Healthcare facilities are usually shocked when we tell them expenses for supplies could be as much as 28 percent lower just by taking better advantage of…
Read MoreEncompass Healthcare Data Solutions is excited to announce moving to a new location to support their continued business growth. Encompass Healthcare Data Solutions will relocate December 9, 2019. The new office will be located at…
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