• "Engaging with Healthfuse increased outsourcer performance"Read More... - Leah Klinke, Director Patient Financial Services, WVU Healthcare
  • "Coaching from Healthfuse has resulted in improved vendor performance"Read More... - Roger Roux, Chief Financial Officer, Rady Children’s Hospital San Diego
  • "They’ve achieved everything they said they would since our partnership began"Read More... - Justin Deibel, Chief Financial Officer, Mercy Medical Center
  • "Three years and Healthfuse is still driving value for us"Read More... - Greg Schaack, Chief Financial Officer, St Joseph’s/Candler Health System
  • "Their service is unique in the industry"Read More... - Ron Hicks, Director Revenue Cycle, Great Plains Health
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New Vendor Evaluation & Implementation

Start New Vendor Relationships on the Right Terms

The time will come when you will need to forge new vendor partnerships. Whether you are adding new technology to your portfolio or replacing an underperforming vendor, choosing the right partner is an important yet oftentimes daunting task.

Healthfuse helps hospitals form lasting, mutually beneficial relationships with new vendors.

We have profiled more than 1,200 healthcare vendors in our proprietary VendorMetrics database which allows us to objectively compare vendors across a multitude of parameters.

If a particular vendor is of interest is not in our database, we will profile them on your behalf.

Market Differences Create Different Vendor Qualifications

There is no one-vendor-fits-all solution in any segment, for any vendor service. Our recommendations are made based upon thorough review of analytics which most closely apply to your hospital or healthcare system.

Each vendor’s historical performance is broken down by factors which correlate to performance. These include process factors like placement age and upfront work, and market factors such as median income, unemployment rate, hospital size and contract complexity.

Each segment is evaluated based upon the factors which most directly affect performance. For example, factors influencing self-pay collections performance are weighted differently than for the purchase of bolt-on technologies.

Based on historical data, we benchmark optimal service levels for vendors in your market, or similar markets, to determine best fit. New and existing vendors are held accountable with service level agreements explicitly outlining performance expectations.

Healthfuse Helps Hospitals Improve Yield

Healthfuse is committed to driving yield for each of our partner hospitals. Because of this, we limit new partnerships to 10 per year to ensure each partner hospital is given the full time and attention they deserve.

We work chiefly with hospitals and health systems ranging in size from small independent hospitals to large regional or academic healthcare systems. Furthermore, if a health system includes physician offices and medical groups, we work to align the vendor strategy across these entities.

Our partners typically see yield growth equal to roughly 1%-1.5% of net revenues. For a hospital with $400 million in net revenues, this translates into an estimated $4 million yield growth. We work entirely on contingency. If we can’t improve yield performance, we don’t get paid.

Healthfuse has never been terminated for failure to deliver yield-generating results.

Contact Healthfuse to learn how VendorMetrics helps you choose the best third-party vendor for your hospital.