healthcare + hospitalsmedical industry expense reduction
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expense reduction for healthcare clients
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Silverback serves the expense reduction needs of a wide variety of medical groups and healthcare providers, including physician groups, hospitals and health systems, surgery centers, and long-term care facilities. Our clients turn to us for innovative solutions and increased profitability. We’ve been successful in identifying substantial cost savings for our healthcare clients in some of the most common expense reduction categories, including:
- Banking & credit card processing
- Laundry services
- Medical supplies
- Office supplies
- Real estate leases
Recent savings for a medical client:
featured case study
Medical group realizes $400,000 expense reduction
Silverback examined $3 million across many practice locations and many non-labor expense categories. The team collected data from vendors without interrupting the client’s staff and daily operation. The final recommendation delivered an extensive analysis of vendor proposals and identified opportunities for sustainable savings in several major categories.
Healthcare facilities are in a precarious time. They are facing changes to payments and a push to increase price transparency for hospitals. As hospitals work to manage and adjust, cost reduction can be a favored method of saving money. Some cost reduction methods...