Healthfuse Clients Describe Yield Growth Resulting from Partnership
To date, no hospital or healthcare system has relieved Healthfuse of services for failing to deliver substantial yield growth. We provide agency for hospitals and assist our partners in achieving optimal value from all of their third-party vendors.
Our partner hospitals and networks typically see yield gains equal to 1-1.5% of annual net revenue. For most, this mean yield gains between $2 million and $4 million per year.
These gains are achieved through a combination of baseline cost savings, collections improvements and improved risk mitigation based on our own calculation methodology.
Healthfuse is here to serve the best interests of our partners. We work on contingency, meaning we are vested in your success. If we don’t deliver significant returns, you pay nothing. Our analytic-based model has succeeded for dozens of clients, and our portfolio is continually expanding.
Here, some of our clients describe in their own words the tangible improvements to vendor management Healthfuse created for their hospitals.
Contact Healthfuse today to learn how our metrics-based vendor analytics will drive tangible yield improvements for your hospital or healthcare system.
Since engaging Healthfuse, we know exactly how our vendors are performing and how they can improve over time. We’ve increased outsourcer performance by over 30% since we’ve started.- Leah Klinke, Director Patient Financial Services, WVU Healthcare
What we appreciate most is the visibility provided into our contracted service providers’ processes and the identification of areas that may present compliance or financial risk. The insights and vendor coaching from Healthfuse have resulted in a significant improvement in service provider performance for Rady Children’s.- Roger Roux, Chief Financial Officer, Rady Children’s Hospital San Diego
They’ve achieved everything they said they would. Since our partnership began, we’ve gained over $7 million in cost savings and net collections improvements.- Justin Deibel, Chief Financial Officer, Mercy Medical Center
Healthfuse has provided us with an unprecedented level of transparency into our vendors’ operations. Since engaging them three years ago, Healthfuse is still driving value for us. We have achieved a 9:1 ROI through this fantastic partnership!- Greg Schaack, Chief Financial Officer, St Joseph’s/Candler Health System
Their service is unique in the industry, their commitment to make our hospital successful is strong, and their ethics are very high.- Ron Hicks, Director Revenue Cycle, Great Plains Health
Healthfuse has provided a lot of things for us: best-practice advice on vendor strategy, process improvements, contract renegotiation support, and improved vendor performance transparency. The performance of our outsourcers has improved by more than 15%, while we’ve reduced costs of all of our vendors.- Dean Wray, Chief Financial Officer, Southern Ohio Medical Center