Tuesday, August 5, 2014

Collaborative Cost Management: A Roadmap to Continuous Savings


Professional Medical is dedicated to helping you strike a balance between delivering great care and managing costs. Our exclusive Collaborative Cost Management (CCM) program is a three-step cycle of evaluation and implementation that will help you realize continuous savings while delivering exceptional care.

Step 1: Immediate Impact

We’ll use our Compliance Price/Product Comparison (CPC) tool to analyze your current equipment and spend while offering solutions to help you improve care, save time and reduce costs. To ensure all goals are met, we will provide hands-on implementation that includes on-site education, tracking and analysis.

Step 2: Evaluation

Using our unique Per Patient Day (PPD) system, we’ll assess efficiency and identify opportunities to eliminate waste, shrinkage and mismanagement. The system generates monthly reports, broken down by patient day, to provide baseline data that identifies areas in which you have the greatest opportunities for savings.

Step 3: Improvement Strategies

We’ll work with your organization’s leadership to offer solutions and collaborate on the optimal improvement strategy. Our team will also conduct a Smart Choice Business Review (SCBR) to ensure you are continuously taking advantage of everything ProMed has to offer.

This cycle is ongoing, sustainable and evolves with your organization’s needs, helping you to both realize how far you have come and provide a pathway to where you want to go.

To learn more about CCM, contact your ProMed territory manager, give us a call at (800) 648-5190 or visit us online at promedsupply.com.

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