Opportunity for Improvement
As this health system stepped into its new brand and highly mission driven focus, one core value became of high importance within the lab: Stewardship.
“We are guided by relentless stewardship in the management of the resources entrusted to us.”
With a rapidly growing health system and an ever-changing healthcare environment impacted greatly by PAMA reimbursements, local and federal funding and rising costs, they needed to become a more passionate steward to the financial resources within the lab. With a large volume of money coming in and being spent across the lab and imaging, the opportunity for improvement in Accumen’s full-service operational diagnostic was revealed to be upwards of $5 M in savings year over year.
“Our engagement with Accumen is a true partnership. Our confidence in Accumen is data-backed and results-focused,” stated the Supply Chain Sponsor. “We are keeping the attention squarely on where patients want and need to be treated to improve in every way possible, especially as stewards of patient resources.”
As the Accumen team continues to partner with this health system, the expected $14M in savings, which reflects 12-15% of the annual lab spend, will reach success within the 3 years of the agreement.