September 28, 2023

How to Create a Culture Prioritizing Work-Life Balance

How do you increase your team’s productivity while decreasing burnout? Studies continue to show that leaders who prioritize a work-life balance achieve an increase in productivity by an average of 13 percent. But how do you accomplish this? 5 Ways to Create a Culture that Prioritizes Work-Life Balance Promote Flexibility Creating flexibility acknowledges the diverse needs of your team members and accommodates a better work-life balance. With balance, team members can become better workers, parents, friends, caregivers, volunteers, or other roles they lead throughout their lives. How can leaders promote flexibility in their teams? Provide flexible hours. For example, provide […]
August 24, 2023

How to Choose the Right Company to Perform Your Next Recovery Audit

Health systems and hospitals leak over $2B* annually – above the average annual hospital expenditure. While some leaked funds will be lost forever, healthcare leaders can partner with third-party companies to perform a diagnostic recovery audit and get up to 25 percent of the leaked funds back. Recovery audits are a vital tool for identifying and recovering this lost revenue. By systematically examining financial and operational data, recovery audits can help healthcare organizations identify errors and prevent future financial leakage. However, not all companies that perform recovery audits are created equal. When choosing a partner, consider several factors, including healthcare […]
July 17, 2023

The Power and Pitfalls of OCR Tools in Healthcare Procure to Pay

In the fast-paced world of healthcare auditing, automation has emerged as an invaluable asset. Keeping up with the advancements in AI technology is crucial, along with understanding its limitations. Optical Character Recognition (OCR) is a key success factor in procure to pay (P2P) automation. OCR tools have revolutionized how documents are processed, enabling greater efficiency and accuracy. However, it’s important to exercise caution when relying solely on OCR tools for automation. OCR converts scanned or photographed documents into editable text. As an indispensable tool for healthcare Accounts Payable (AP) and Supply Chain departments, OCR expedites the otherwise time-consuming process of […]
June 9, 2023

TAG, Inc. to Attend HFMA and AHRMM 2023 Conferences

ST. LOUIS, June 7, 2023 ( – TAG, Inc., the leader in healthcare procure to pay (P2P) optimization, cost savings, and consulting, announces its sponsorship and attendance at upcoming industry events. TAG is sponsoring the HFMA Annual Conference 2023, held in Nashville, Tennessee, from June 25-28. This conference brings together the brightest minds in healthcare finance and supply chain management, creating a platform for collaboration, innovation, and transformative discussions. On top of sponsoring the weekend, TAG will be present in booth 907. “We are excited for the opportunity to engage with industry leaders to share our insights and expertise that continue to shape the […]
April 14, 2023

Centralized AP vs Decentralized AP at your Healthcare System

Does your health system operate a centralized Accounts Payable (AP) department or run decentralized departments and systems? Is your current structure effective and efficient, or is money being leaked through your AP operations? Understanding how your health system’s AP operates and the benefit of different operating models is essential to decision-making. It takes AP one step closer to obtaining a holistic view of its function, what it could improve upon, and where it already excels. What AP Structure is your Health System Using? Centralized AP A truly centralized AP exists when all AP functions and staff across all entities inside […]
March 28, 2023

TAG, Inc. Selected as One of the MOST RELIABLE Firms in St. Louis

  St. Louis (March 28, 2023)— TAG, Inc. has been selected by the St. Louis Small Business Monthly (SBM) readers as one of the “Most Reliable Firms in St. Louis.”  Each month SBM polls its readers for its annual “Best in Business” contest and asks them to nominate and select the best service providers in St. Louis. TAG was selected as one of the top 25 Most Reliable firms in St. Louis. “It feels great to be recognized for something that comes naturally to our business model. We put our core values at the front of everything we do and […]
February 27, 2023

5 Accounts Payable (AP) Benefits of a Recovery Audit

Account Payable (AP) gets the “short end of the stick” in health systems’ procure to pay (P2P) process. AP is often left resolving exceptions, rushing last-minute payment requests, and struggling to keep the hospital off vendor credit hold. AP corrects upstream P2P mistakes, resulting in more work and backlogs and reducing efficiency. However, many AP departments fail to use one of the most powerful tools available – today we will discuss the benefits of a recovery audit. Despite recovery audits often having a bad reputation, TAG’s Discovery Review complements AP and Supply Chain departments. We work as an extension of […]
5 Accounts Payable (AP) Benefits of a Recovery Audit
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