TractManager solutions identified $20M in med-surg savings over 12 months.Merger revealed overlapping solutions and a need to optimize operational processes.
24 Facilities | 4,115 Beds
Client Case Study:
STRATEGIC SOURCING, MED-SURG, RECALL MANAGEMENT SOLUTION, HEALTHCARE TECHNOLOGY SOURCING SOLUTION, CONTRACT LIBRARY
- Merger of two large health systems
- Multiple, overlapping software solutions
- An established competitive RFP process to consolidate costs
- TractManager vs. ECRI
The health system’s ACO and Physician Group partnered with TractManager to design and implement an NCQA-compliant credentialing program. Within three months, TractManager developed the policy infrastructure and collaborated with the health system to implement a …
TractManager’s Purchased Services program saves a large Midwest system $668k annually in transcription spend.
The Challenge: not all facilities were covered under the vendor transcription contract, an unknown mix of resources reduced visibility into rates, there was no firm contractual language for performance or accuracy, and the vendor was overcharging for turnaround time surcharges …
A large IDN saves $13.8M annually on food services and reference lab thanks to TractManager’s Purchased Services program.
TractManager has supported the client’s purchased services team with data and advisory services, helping to develop and fortify processes for Purchased Services sourcing following a merger with another large health system …
Top 10 Negotiating Strategies
Skilled negotiators are like musical virtuosos. They have an extensive repertoire of tactics from which to draw, and they know when and how to make them a part of their performance. But negotiating healthcare contracts for capital, purchased services, and IT services can test the artistry of even the most masterful negotiator.