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February 27, 2023
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 – 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 your team to pick up and resolve […]
October 31, 2018
We are immensely proud of the work we do at The Audit Group to help healthcare organizations recover funds that were lost due to a faulty process or lack of accountability. However, we know the value of our Discovery Review extends far beyond a dollar amount. CEO John Weiss explains how our reviews empower leadership to understand the “why” behind their organization’s financial challenges. You may think a review is too time-consuming or will cost your team in productivity, but our data shows that is simply not the case. Let our experienced healthcare consultants reveal the breakdowns in your system […]
October 17, 2018
“This just isn’t a good time. I have a lot going on.” We hear it all the time when we start discussing an audit with our prospective clients. In reality, a well-functioning healthcare organization should always be busy, but that doesn’t make one of our Discovery Reviews any less necessary. The Audit Group CEO John Weiss explains why: We understand that your department is always operating at full speed, so the decision to conduct a healthcare audit is less about slowing things down and more about making it a priority. The Audit Group is here to help. Our team works […]
October 3, 2018
We understand that “audit” is a scary word. When we speak to hospitals across the country about our healthcare auditing services, it’s not uncommon for people to think that our team is going to find deficiencies that cost them their jobs. Fortunately for everyone, that is not the case. The Audit Group CEO John Weiss explains why organizations have nothing to fear from our Discovery Review. Bringing in a third party to evaluate your organization may be frightening, but it will be well worth it when you start seeing the benefits: positive cash flow, streamlined processes, and accountability throughout the […]
August 27, 2018
Participating in buying groups is one of the easiest ways for smaller, regional hospitals to receive the same level of discounted pricing as larger healthcare networks. Although these groups offer a lot of benefits, they aren’t foolproof. Human error or computer error on the buyer’s side may end up costing your hospital without you even realizing it. This was the case for many of our clients across the country when one company introduced a new color of bedpans. The Audit Group’s Discovery Review and Item Price Benchmarking are designed to reveal inefficiencies in your healthcare organization and ensure you receive […]
