You're not alone. Every year, senior care organizations overspend on major operating expenses in 8 key areas. Ensuring you're not overpaying can feel like a full-time job in itself. You feel stuck paying what you're paying, not sure if you could negotiate a better price or find a better vendor. You know you're probably being charged more than you should be, but with limited time and resources, it is challenging to know for sure and make changes.
It's a shame when money that could be going to improve the experience of your residents and your staff is instead going to big healthcare companies. At Healthcare Margin Specialists (HMS), we review and negotiate your facility's recurring expenses in 8 key areas to lower costs, increase your purchasing power, monitor continued savings, and improve your margins.
It's a shame when money that could be going to improve the experience of your residents and your staff is instead going to big healthcare companies. At Healthcare Margin Specialists (HMS), we review and negotiate your facility's recurring expenses in 8 key areas to lower costs, increase your purchasing power, monitor continued savings, and improve your margins.
Services
Chris co-founded HMS because senior care organizations today, especially non-profit organizations, are resource-challenged and don't have extra time to focus on margin improvement projects. Their limited and valuable time is needed to improve the experience of their residents.
Chris loves it every time the HMS team finishes working on a project for a client and saves significant dollars because he knows they get to use that savings to help the residents and staff.Chris is a military veteran and avid learner, with continuing education from Texas Tech and the Wharton School.
Chris loves it every time the HMS team finishes working on a project for a client and saves significant dollars because he knows they get to use that savings to help the residents and staff.Chris is a military veteran and avid learner, with continuing education from Texas Tech and the Wharton School.
When you're running a large multi-site organization, it can be nearly impossible to carve out time from the day-to-day demands to really dive deep and re-examine all your costs and ensure you're not leaving money on the table.
That's why HMS was asked to partner with Presbyterian Villages of Michigan (PVM), a faith-based, non-profit, multi-site system has 24 senior living communities including continuing care retirement communities (apartments, assisted living and skilled nursing all on one campus), subsidized senior housing and market rate senior housing.HMS worked closely with PVM's staff to deploy a competitive bid process and consolidate vendors where possible.
That's why HMS was asked to partner with Presbyterian Villages of Michigan (PVM), a faith-based, non-profit, multi-site system has 24 senior living communities including continuing care retirement communities (apartments, assisted living and skilled nursing all on one campus), subsidized senior housing and market rate senior housing.HMS worked closely with PVM's staff to deploy a competitive bid process and consolidate vendors where possible.
Through our work together, we'll help you to know if you're overpaying and we'll work with you to get the greatest costs savings with your vendors. Most clients experience a large portion of the savings in the first 8 weeks of working together. Even senior care organizations that have dedicated purchasing personnel benefit from our process.
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