Nurturing Your Community’s Well-being and Financial Health
Lower Costs + Improved Services for Senior Communities, Nursing Facilities, Insurance Companies & Hospitals
Assess Current Indirect Spending
Complimentary Cost Analysis
- High-confidence savings estimates for your organization
- Provides a 3rd party view on spending
- Identify potential supplier risks
Indirect Cost Reduction
Average of 7% – 35% Savings
- Complimentary, custom savings analysis
- Cost reduction in 35+ expense areas
- Ongoing audits ensure improved EBITDA & valuations
Monthly Savings Audits
Verifies and Measures Progress
- Tracks realized cost savings for bottom-line impact
- Audits line-item spending at the SKU level
- Monitors for errors & compliance
Reduce Spending for Health Care
ACC works with nursing facilities, hospitals, insurance companies, and assisted living communities to reduce their non-core procurement expenses.
Healthcare communities and organizations with whom we work show outstanding cost improvement. Most have revenues of at least $500 million with an annual indirect / tail spend procurement budget of $200 million or above.
Group expense reduction for assisted living, nursing homes, Hospice care, hospital systems, and insurance
Typical Annual Savings by Category
0
%
to
0
%
What Sets Us Apart
We look beyond the numbers at vendor quality, value and service. Our team finds, implements and tracks meaningful savings with world-class providers.
- In-depth market knowledge for each savings category
- National purchasing agreements and GPO pricing
- Procurement data collection at the line-item level
- Subject matter experts devoted to each project level
- Aggregates purchasing volume
- Tailored, white-glove savings programs
- Ongoing discovery of billing errors & non-compliance
- Monthly audits for accuracy
- Flexible, performance-based fee structure
- No GPO fees
Could your health care organization benefit from an expense reduction strategy?
Send us a note to start the dialog for your communities.
Boost purchasing power and increase your bottom line through savings and efficiencies
Benchmarking & Tracking
Our ability to benchmark and document savings is just one thing that sets us apart from typical GPOs and other consultants in the health care space. Working efficiently with our Louisville, Kentucky-based team, assisted living and senior care organizations see a reduction in their non-core procurement expenses with minimal purchasing operations and maximum benefits of a cost reduction exercise.
Our vendor-agnostic team reviews current purchasing activity at the line-item level before negotiating with current and new suppliers to achieve the lowest market rates, typically delivering savings of 7%–35% per category reviewed. Once savings are established, we assist with implementation across the expense areas to ensure the updated pricing is realized. After implementation, most categories are monitored with a detailed audit process that compares original pricing with the new, lower pricing.
Group Savings for Healthcare Organizations and Senior Communities and More
Complimentary, custom savings analysis for your healthcare organization identifies savings opportunities.
Significant savings on 30+ non-core expense areas agreed upon in advance by your organizations.
Monthly audit reports validate the exact amount of implemented savings that flow to the bottom line.
Zero risk – performance-based fee structures available with minimal disruption to your organization or operations.
Advice for Implementing Expense Reduction Across a healthcare system
Avoid misaligned vendor incentives
While some healthcare communities utilize Group Purchasing Organizations (GPOs) to generate value, many are paid commissions by vendors, which creates incentives for care communities and hospitals to pay higher prices over time.
When not properly disclosed and documented, these hidden GPO commissions lead to conflicts of interest and increased pricing. ACC strives for transparency. We are happy to conduct a confidential, risk-free audit of your current GPO provider to see if you are receiving full disclosure and optimal savings for the savings areas engaged.
Create Competitive Tension for Fair Market Pricing
Lack of competitive tension in the marketplace is an important pitfall for healthcare companies, insurance companies and hospitals to avoid, and something we often encounter. Most groups have at least a handful of long-standing, protected vendor relationships. While there are merits to having close vendor ties, these relationships create a complacency that causes companies to miss out on significant savings as well as high-value offerings from non-incumbent suppliers.
ACC’s cost reduction services for health care and long-term care communities achieve the lowest prices with the best quality services.
Lower non-core procurement expenses for retirement communities, hospitals, insurance companies and more across 35+ procurement areas
Send us a message
Contact us to learn more about lowering your healthcare community’s purchasing and procurement costs with ACC. Our team will be in touch with you shortly.
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