Utility Cost Savings for Healthcare Providers
Lighten your load and leave utility expense management to the experts. Cost Control Associates are experts in delivering utility cost savings to healthcare providers. We understand that the need to cut costs and improve quality is paramount to C-suite managers and patients alike.
You are under pressure to improve and expand in a world where lagging insurance payments and bad debt threaten your cash flow. A closer look at your utility costs for energy, waste removal and telecommunications can reap the financial relief you yearn for. Whether you need to compare and procure services or just want to be sure your utility bills are correct, Cost Control Associates can help you make the most of what you’ve got.
You save time, money and worry when you choose to outsource utility expense responsibilities (such as invoice processing and payment and opening and closing utility accounts) to industry experts. It frees up your in-house manpower to focus on the core tasks that make your organization successful.
The Value of a Purchasing Cooperative
A purchasing cooperative reduces your procurement costs by allowing public agencies to take advantage of existing contracts to purchase the goods and services they need from local and national vendors. Cost Control Associates is currently allied with HealthTrust, a leading healthcare performance optimization and group purchasing organization (GPO).
Healthcare GPOs are an essential link in the supply chain of healthcare providers such as hospitals, clinics, and other delivery organizations. GPOs aggregate the purchasing activity of their members, thereby lowering costs in both the purchasing activity itself and in the prices at which products and services are purchased. Ask us about how HealthTrust can benefit your healthcare organization.
Outsource Utility Bill Processing and Avoid Late Fees
Does your Accounts Payable staff spend a lot of time processing energy, waste removal and telecom bills, yet you still end up paying late fees and erroneous charges? Energy invoices are time-sensitive and that often leads to late payments. As a result, you rack up significant fees that quickly throw off your financial planning.
You might be paying too much! It is not the utility company’s job to make sure you are in the right rate categories. Sometimes behind-the-scenes rate changes at the utility can bump you into a new category. This means you may be paying rates that are not the best option for your operational behavior and usage. If your billing staff lacks the expertise to stay on top of such changes, you will lose out. When you outsource utility bill processing, you can kiss your worries good-bye! You get efficient, accurate invoice processing plus 24/7 access to a complete database that allows you to manage and report your costs. There are more than 80 standard and customized report options.
Our Utility Expense Management Solutions
Cost Control Associates is experienced in utility expense management solutions for multi-site organizations, and we can help you get the most from your service providers. Our cost audit services and other solutions will help you:
- Process Utility Bills & Manage Data
- Cut Utility Costs
- Energy Procurement Services
- Analyze Utility Data
- Greenhouse Gas Emissions Reporting
- Open & Close Utility Accounts