How Internal Audit Can Utilize Recovery Audits to Assist with Financial Stability
Bulletproofing Hospital Finances amidst COVID-19 Since the COVID-19 outbreak, hospital revenues have dropped an estimated $1.4 billion per day, causing over 200,000 healthcare employees to be furloughed or laid off. Though revenue stability is reportedly increasing, it is unlikely that hospitals will see normalcy anytime in the near future. Even before the COVID-19 outbreak, hospitals […]
Press Release: TAG, Inc. Announces New Program with Free 60-Day Recovery Audits May 1 – June 30
SAINT LOUIS, MO / ACCESSWIRE / April 30, 2020 / TAG, Inc., a leader in Procure-to-Pay optimization announces a free program to ease the financial burden health systems are undergoing during the current COVID-19 pandemic. The Pay-It-Forward program will be offered for a period of 60-days to provide recovery audit services at no cost. \”This […]
Update: TAG, Inc. Announces Industry Event Schedule for Spring 2020
TAG, Inc announces their attendance in key healthcare events for the spring and summer 2020. Read the press release here. UPDATE: Due to risks associated with large gatherings and the spread of COVID-19, adjustments to event dates have been made and more may come. Current Event Lineup: Spring IDN Summit, April 27-29 in Orlando, Florida […]
Top 5 Healthcare Procure-to-Pay Trends to Look for in 2020
2020 is expected to be another year of transition for healthcare providers as systems continue to evolve through mergers and acquisitions (M&A), restructures, and strategic shifting of resources. These types of transitions affect every aspect of a health system’s business operations, including the entire Procure-to-Pay (P2P) landscape. As hospitals continually attempt to do more with […]
TAG’s Mike Nisivoccia to Speak at NEHIA 2019
TAG Inc., The Audit Group, remains dedicated to helping health systems achieve efficiency and savings by specializing in cost control, risk mitigation, and process improvement in the Procure-to-Pay (P2P) space. To do this we partner with organizations to share our 30+ years of healthcare knowledge in the Supply Chain and AP ecosystem. During this year’s […]
TAG Inc. to Present at the 2019 AHIA Annual Conference
TAG Inc., The Audit Group, remains dedicated to helping health systems perform at their best by specializing in cost control, risk mitigation, and process improvement in the Procure-to-Pay space. Part of this effort means educating the industry on best practices and providing information to healthcare systems that enables them to make proactive improvements on their […]
KU Medical Center Selects The Audit Group for AP/Purchasing Review
UNIVERSITY OF KANSAS MEDICAL CENTER SELECTS THE AUDIT GROUP FOR ACCOUNTS PAYABLE/PURCHASING REVIEW AND PROCESS IMPROVEMENT The University of Kansas Medical Center in Kansas City, Kansas recently chose The Audit Group, Inc. (TAG) of Chesterfield, MO to conduct a review of its accounts payable and purchasing stream for fund recoveries and process improvements.The KU medical […]