BLOG

Offering rebates and reimbursements may make a vendor an attractive partner for major health systems. However, if you aren’t monitoring these benefits, you could be leaving money on the table. For example, early-pay reimbursements are offered by vendors as a way to receive payments quicker while providing cost savings to their customers. A recent TAG client made the mistake of deducting the wrong amount from their early-pay invoice, which in turn cost more than $45,000. What Can Cause a Hospital to Lose Reimbursements? We’ve said it before, and we’ll say it again—proper vendor and contract management is crucial to a […]