Is Clinical Benchmarking affiliated with any GPO or suppliers?
How
much does it cost?
How long does the process
take?
Can we contract on our own or do we have to join a purchase group?
What kind of
savings have been achieved?
We tried something like
this before. What makes CB different/better?
Will Clinical Benchmarking stick around for the heavy lifting of implementation?
Construct pricing works with total joints and CRM, but does it also
work with spine implants?
Is Clinical Benchmarking affiliated with any GPO or suppliers?
No. Clinical Benchmarking, LLC, is independent of all GPOs and
suppliers. Top
How
much do Clinical Benchmarking's services cost?
Each project is different and is budgeted accordingly. After a
brief discussion, Clinical Benchmarking, LLC, can provide an
estimate of costs and a guarantee in writing.
Top
How long does the process
take?
The timeframe for the consulting process -- gathering and
understanding actual costs, working with physicians on their issues,
and developing contracts with vendors that achieve substantial cost
reductions -- varies, depending on the size and complexity of the
situation. A multihopital system is likely to take more time than a
single hospital. A typical consulting engagement may involve three
to six months' time to conclude.
Top
Can we contract on our own or do we have to join a purchase group?
The goal of the process is to make the organization able to choose
its own course, and to achieve the greatest possible savings while
satisfying the needs of its physicians. Usually, once most
organizations have identified key vendors and understood actual
costs, they will prefer to conduct contract negotiations themselves,
maintaining control of costs and specifications.
Top
What kind of
savings have been achieved?
Clinical Benchmarking has assisted clients in achieving multiyear
savings of up to $24 million, with physician satisfaction as a
priceless intangible. In some cases, organizations opt to save less
on their implant purchase contracts by maintaining options for
physician preference instead of a single vendor. At whatever level
is consistent with the organization's own goals, Clinical
Benchmarking guarantees savings on implant expense for orthopedics,
spine, and cardiology. We tried something like this before.
Top
What makes CB
different/better?
Our consultants are experienced healthcare professionals who are
able to focus on the specifics of each individual assignment. We
don't believe one size fits all, so CB does not roll out a formula
or restrict an organization by expecting it to fit into some
"standard" scenario. Circumstances dictate how the work proceeds;
organizations maintain their own integrity while adopting new
methodologies. Top
Will Clinical Benchmarking stick around for the heavy lifting of implementation?
While some organizations want to "go it alone," many clients engage
the CB consultants who develop their purchase strategy and physician
buy-in to assist with the contract negotiations and implementation.
Once the new contracts are in place and seen to be running smoothly,
some organizations will retain CB to provide periodic progress
reviews to keep them on course.
Top
Construct pricing works with total joints and CRM, but does it also
work with spine implants?
Yes. Spine construct pricing works very well if it has been
developed with input by the surgeons, and is designed to anticipate
the release of new technology. CB's staff constantly monitors FDA
submissions looking for new devices and reflects this knowledge in
the construct development to avoid surprises for the hospital down
the road. Top
