Amerinet Captures More than $3 Million of Supply Chain Invoice Credits for Its Members in 2013 and 2014

Share Article

Amerinet’s price auditing and resolution service helped members manage costs at their facilities by identifying pricing errors and improving billing efficiency

Amerinet Inc., a leading national healthcare solutions organization, announced its AccuPrice® price auditing solution successfully captured more than $3 million of medical surgical, laboratory, nutrition and pharmacy credits for its members in 2013 and 2014. Amerinet AccuPrice is proprietary analysis software that reviews invoice data to quickly identify and resolve unfavorable variances on its members’ medical surgical, laboratory, nutrition and pharmacy purchases.

“Many hospitals and clinics experience pain in their supply chain because they have no efficient way of verifying correct prices charged for their purchases,” said Curtis Miller, chief information officer at Amerinet. “With AccuPrice, Amerinet is able to deliver realistic and actionable information that can help a facility manage its costs. By identifying and resolving pricing variances as quickly as possible, future errors are eliminated and overall price accuracy improves.”

With AccuPrice, Amerinet members receive:

  • Master Profile Maintenance – an accurate customized profile listing the price for each product a facility purchases from the Amerinet portfolio. The profile takes into account the facility’s class of trade, mark-up/discounts, tier levels, signed forms, etc.
  • Report Distribution and Analysis – a suite of reports that are sent either daily, weekly or monthly with detailed analysis of specific issues.
  • Value Report – an executive level report summarizing a facility’s most current invoice information and AccuPrice found credits for the current year to date and the prior two years.
  • Assistance from Amerinet – an Amerinet program manager will work with the facility to review and resolve any price errors.

Amerinet has more than 3,000 members subscribed to its AccuPrice solution which offers benefits to healthcare facilities of all sizes and specialties. Among those who have seen significant cost reductions is Intermountain Healthcare.

“Intermountain Healthcare has utilized Amerinet AccuPrice for its pharmacy purchases since October 2007 and we have seen subsequent efficiencies and related cost reductions every year,” said Jeromie Atkinson, senior manager, Supply Chain Solutions, at Intermountain Healthcare. “This service is a meaningful part of our supply chain strategy.”

Smaller facilities have also realized significant benefits in terms of pricing efficiencies and resource support. “AccuPrice is a huge asset to our facility. As a purchasing department of one, it's like having a whole team working with me to make sure all my pricing is on point. When discrepancies are found, that team makes sure the proper reconciliation happens,” said Andrea Scofield, CMRP, materials manager, Midwest Surgery Center.

For further information, please go to http://www.amerinet-gpo.com.

About Amerinet
As a leading national healthcare solutions organization, Amerinet collaborates with acute and non-acute care providers to create and deliver unique solutions through performance improvement resources, guidance and ongoing support. With better product standardization and utilization, new financial tools beyond contracting and alliances that help lower costs, raise revenue and champion quality, Amerinet enriches healthcare delivery for its members and the communities they serve. To learn more about how Amerinet can help you successfully navigate the future of healthcare reform, visit http://www.amerinet-gpo.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Evan Danis
Amerinet
+1 (724) 778-3423
Email >
Visit website