After careful consideration of proposed savings initiatives, Pathstone coordinates with all relevant client, client agent, and vendor stakeholders to activate proposed Value Lever work plan objectives to drive towards and achieve the identified value. Our collaborative approach ensures thorough client understanding and buy-in of strategy and approach. We work as an extension of your team to drive value and confirm long term sustainable results.
Pathstone provides support to conduct incumbent supplier reviews for initiatives to drive enhanced value and management of the revenue cycle. This includes analyzing incumbent supplier agreements and products/services, identifying any previous proposals provided during negotiations, understanding the current state through application spend data, and determining potential strategy options to achieve benefits. This review achieves benefits such as pricing improvements, product consolidation and standardization, and revenue enhancement.
Pathstone develops comprehensive Request for Proposal (RFP) documents tailored to organization’s unique goals and needs. RFP development consists of analyzing data to develop a baseline understanding of products, services, volume, pricing and cost of initiative areas, and identifying key qualitative questions from stakeholders and key service level agreement (SLA) metrics to evaluate supplier capabilities and performance across the healthcare supply chain.
With Pathstone’s healthcare consulting services, we consolidate and review supplier RFP proposals by evaluating supplier scoring matrices and decision-making criteria.This in turn helps healthcare organizations make better decisions and the ability to measure productivity in their organization.
Pathstone provides Benefit Implementation Support to accelerate implementation of identified benefit to organizations by leveraging Pathstone’s resources and experience with complex cost categories. Pathstone supports implementation of benefit initiatives by developing initiative work plan activities, milestones, responsible parties and timelines to manage the progress of implementation for each initiative.
Get StartedPathstone Partners is a management consulting firm that works collaboratively with healthcare organizations to improve financial and operational performance.
