cost-reduction strategies for the gi center
DESCRIPTION
Expense Management Network (EMN) President Barry Denny, OPA-C, delivered “Good Care, Good Business” at the 2011 GI Roundtable Conference, held in Knoxville, Tennessee. Mr. Denny stated, “Health Care Reform is demanding Ambulatory Surgery Centers examine how every dollar is spent. Expenses are increasing each year and reimbursements decrease. Therefore, cost-containment is essential.” His well attended conference session provided evidence of cost-containment measures that may be made in essential operating areas such as: medical supplies, pharmaceuticals, medical gases, medical waste disposal and linen. Mr. Denny continued, “With health care reform, ambulatory surgery centers will be evaluated for reimbursement by quality of service and their operating costs. Our commitment is to reduce operating costs so the medical staff can continue their focus on quality care.” EMN is an innovative leader in expense management for ambulatory surgery centers. For more information about health care cost reduction or to speak with Mr. Denny, please call 335.992.9090. Barry Denny is Founder and President of EMN, His unique medical background and extensive medical purchasing experience provide him the skills to find creative and innovative ways to reduce medical facility expenses. For more information on healthcare cost reductions visit www.EMN2Save.com and/or 336.992.9090.TRANSCRIPT
KNOXVILLE, TENNESSEE APRIL 8TH – 9TH 2011
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SPEAKER PRESENTATION
“GOOD CARE, GOOD BUSINESS”
Barry R. Denny, CSFA, OPA-C Founder & President
Expense Management Network www.emn2save.com
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Profit Margin
• Expenses are going up: 3-20%/yr.
• Reimbursements are going down: ASC facility fees down 25% in last 3-5 yrs,
• Cost-containment is ESSENTIAL!
Reimbursements
Expenses
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10%
20%
Who We are• EMN is a cost-containment firm dedicated to
reducing operating expenses for ASC’s. • We are on track to collectively save our ASC
clients over $1,000,000 in 2011. • Average annual savings of over $90,000/GI ASC
- while maintaining the same vendors most of the time and equal or better service all of the time. - at no financial risk to the ASC
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What We do1.Analyze ASC costs and evaluate against
national benchmarks - at no cost.2.Present Cost Savings recommendations to the
ASC3.Implement only approved recommendations
• No net cost to the ASC. Risk free.• Use existing vendors most of the time.
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• No financial Risk to the ASC.
• EMN’s only compensation is 50% of the actual, verified savings for the first 36 months.
ASC AREAS OF SUCCESS
EMN WILL REDUCE your costs on one or more of the
following: • medical supplies• pharmaceuticals• medical gases• medical waste disposal• linen
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CASE STUDY A
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CASE STUDY B
CASE STUDY C
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EMN’S REPORT CARD
• We have identified, presented,
implemented savings for EVERY CLIENT.
• Average of 25% per recommendation.
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