Healthfuse Manages Vendor Account Inventories
A critical element in managing vendor performance and third-party costs is reconciling inventories and ensuring placement and return processes and systems are working appropriately. The impact of inconsistent placement and return protocols can be devastating, resulting in duplicate invoicing, collection delays, and unworked accounts.
Healthfuse completes a 100% inventory reconciliation for each vendor on a monthly basis to ensure hospital and vendor systems are balanced.
Included in inventory reconciliations are complete invoice reviews to prevent the occurrence of duplicate invoices and invoices from multiple vendors for payments of the same account.
Discrepancies between vendor deliveries and hospital records immediately enter remediation and correction. Your sourcing advisor will investigate the cause and work to resolve the issue as quickly as possible.
Healthfuse provides our partner hospitals with a monthly status report detailing inventory status and vendor and hospital system accuracy.