Why Vendor Consolidation Isn’t Always the Solution to Smarter Compliance Monitoring
As budgets tighten and regulations shift, many provider organizations look to vendor consolidation as a lower-cost way to meet their compliance needs. Though streamlining vendors is an enticing solution for many reasons, it’s important to consider when to consolidate and when to prioritize the solution that best protects patient safety.
Not all exclusion monitoring solutions are created equal—a lesson that one ProviderTrust boomerang client learned the hard way. This large provider organization includes a network of senior living communities offering a full continuum of care in the Midwest. After this client’s negative experience with another vendor, we sat down to discuss lessons learned and the importance of true partnership.
You’ll learn:
How to measure ROI in terms of dollars as well as patient safety
What level of support to look for in an exclusion monitoring partner
