ISH Expense Reduction Programs

In response to declining re-imbursement, organizations are seeking creative ways to reduce operating expense. ISH offers several IT-enabled programs designed to achieve documented financial ROI, workflow efficiency, and clinician satisfaction.

Supply Spend Analysis and Contract Compliance – Most organizations have excessive “off contract” purchases due to either administrative breakdowns in GPO or local contract compliance or they lack the skills and resources to commit the majority of spend to contracts. The ISH Programs provides analysis of GPO and Local Contract Compliance, and GPO Tier leveling that yields specific ROI information at the detail item level. Our Execution Program converts the savings opportunities from identified to realized status through a hands-on combination of contract negotiation, Materials Management software optimization, and data build.

Instrument Repair Management and Minimally Invasive Instrument Management – ISH is bringing these programs provided by TRE to the ISH client base as a means of reducing Instrument Repair Management costs by a minimum of 10% while simultaneously improving clinician satisfaction.

Physician Contract Management – Organizations average 2 – 5% of overpayment on physician contract due to manual payout management process. The ISH Program provides a Payout Management Solution of Contract Compliance enabled by workflow, audit and reconciliation, and data collection.

About ISH
Since 1989 ISH has been a leading provider of operations, financial, and employee performance improvement services to the Healthcare industry. They leverage their implementation experience with leading healthcare software to lead their clients through IT-Enable Strategies that yield measurable operational efficiency, cost reduction, revenue maximization, and information access improvements.

Contact: John Marchisin, EVP
Phone: 732.571.5937
e-Mail: jmarchisin@ishinc.com
www.ishinc.com