OUR SERVICES
THE PROCUREMENT PROGRAM WITH ALL THE PERKS
MedCost has been in business since 1997, specializing in analytics, negotiations, auditing and complete spend management for the non-acute market. Since our inception, MedCost has saved our clients thousands of dollars as well as countless hours of time. Enjoy the highest service level and very best pricing by outsourcing your purchasing to MedCost. We do the work, you enjoy the savings!
YOUR SPECIFICS
OUR SERVICE & EXPERTISE
THE MOST COMPREHENSIVE PROCUREMENT SOLUTION
OUR EASY ORDERING PLATFORM
1.
Customer sends
order to MedCost
2.
MedCost reviews
contracts &
pricing
3.
MedCost sources
the order
4.
MedCost confirms
fulfillment with
the vendor
5.
MedCost
sends order
confirmation
6.
Customer
receives order
WE’RE READY TO MEET YOUR NEEDS
We’re happy to help you get the supplies you need, including:
-
Office Supplies -
Clinical Supplies -
Pharmaceuticals -
Vaccines -
Printed Materials -
Patient Records -
Uniforms/Logo Wear -
Capital Equipment -
Services & Special Projects -
Product Research
TOTAL SPEND MANAGEMENT
There is a significant difference between belonging to a GPO and knowing how to effectively use GPO contracts.
A Group Purchasing Organization (GPO) offers valuable services and good vendor discounts to practices. However, GPO discounts usually apply to only a fraction of the items you use. The contracts are typically presented through a series of preferred manufacturers and vendors, and it is incumbent upon the end user (you) to do the purchasing, access and monitor the contracts. MedCost does the work for you! It is the ongoing management of the GPO portfolio that keeps the pricing down.
MedCost is GPO neutral and can manage any contract portfolio. MedCost accesses a health system’s preferred contracts but uses distributors who specialize in servicing non-acute facilities. Where there are gaps, we access our custom contracts or negotiate best price. In the absence of any client contract affiliation, MedCost provides an aggregation model.
Anyone can leverage a deal for a better price,
but lowering the price and then stabilizing it
over time is our specialty.
SUPERIOR CUSTOMER SERVICE
MedCost is the most comprehensive procurement program available for the non-acute physician market. We follow each order from requisition to delivery and beyond. Need to track or return an item? Need help locating a product? We are here to help. One call does it all!
We handle all transactional details for you. Here are some of the extras included in our program.
LICENSURE MAINTENANCE
Our team keeps your licensure current with the vendors to ensure no interruption to clinical deliveries.
VENDOR MAINTENANCE & ADDRESS CHANGES
We set up and maintain all accounts with our vendors and the applicable GPO. We keep the accounts current, arrange for address, physician and name changes.
CONTRACT ENROLLMENT
We make sure you are correctly rostered to your affiliated GPO or to the MedCost aggregate GPO. We also attach you to the best contracts that correspond with your usage or system wide continuum of care.
ORDER CONFIRMATION
We follow up on each order to confirm accuracy of pricing, availability, shipping and delivery dates.
ORDER TRACKING
We track all backorders and any late or missing orders for you. You don’t even need to ask.
PRODUCT RETURNS
Receive a damaged or incorrect item? Just contact us! We will contact the vendor to initiate the return and notify you of the preferred method of return.
CREDITS TO YOUR ACCOUNT
We work with vendors to ensure credit memos are issued for returns and pricing discrepancies.
INVOICE ASSISTANCE
We can assist with completion of all components of the 3 way match, from purchase order, receiving to invoice reconciliation, we can help.
CUSTOMIZED REPORTS
We can run standard usage reports as needed but can also offer customized reports to fit your needs.
We have been using MedCost as our outsourced purchasing solution for many years, and continue to be impressed with their ability to procure
exactly what we need at the best prices. Their unobtrusive, ongoing
analysis of our practices and of the healthcare market has been
an invaluable asset.
KIM PATTON
PRESIDENT & CEO
HealthSource of Ohio
