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Happy Labor Day from Soriant Solutions!

Traditionally the last official “summer” weekend, Labor Day is a chance to celebrate with food, parades, ballgames, and shopping. Nearly 128 MILLION Americans will enjoy a family cookout. Hundreds of thousands will tailgate and support their favorite college football teams in packed stadiums. The roots of Labor Day date back to 1880’s New York City, where rival union leaders joined together to protest unfair labor practices which plagued industry at the time. Shortly after that, 30 workers died at the hands of federal officials during the Pullman Strike. Thirty states joined together to celebrate Labor Day before it became a

By |August 27th, 2018|Categories: Healthcare Blog|Comments Off on Happy Labor Day from Soriant Solutions!

How to Conduct an Environmental Services Contract Review

Your first question is probably Why conduct a contract review?  When we are invited into a hospital to complete an analysis of an existing contract(s), we find many of the contracts and follow-up amendments (if they can be located) sitting on a shelf, not looked at or understood.  They are often not reviewed or even thought about until another amendment for an annual CPI increase is received from the Regional Manager for the Contract Company. Time after time, Soriant sees examples of Performance Indicators and Financial Guarantees not reconciled or taken advantage of. In one example we were working with

By |August 15th, 2018|Categories: Environmental Services|Comments Off on How to Conduct an Environmental Services Contract Review

Understanding the Value of Cost Containment and Purchased Services for Hospitals

Hospital CFOs face a number of unique challenges in the ever-shifting environment of today’s healthcare. Rising pension contributions, skyrocketing pharmaceutical prices, and the constant need to invest in technology has driven expense growth. In fact, a report by Standard & Poor’s says that the expenses have outpaced revenue growth for healthcare systems in the United States for the first time since 2008. The problem for many hospitals is cost containment. Purchased services is one solution. Expense Growth Now Outpaces Revenue Gains A 2017 Moody's Investors Service report says that, at 7.2 percent expense growth versus 6 percent revenue gains, annual expenses eclipsed annual revenue

By |July 27th, 2018|Categories: Healthcare Blog|Comments Off on Understanding the Value of Cost Containment and Purchased Services for Hospitals

The Food Service GPO – Best practices to maximize your purchasing power

Each year, millions of dollars are spent on food purchases to feed Patients, Visitors, and Hospital Employees.  Every Hospital Food Service department across the US has the same concerns when it comes to using a Group Purchasing Organization (GPO).  Whether the department is outsourced or self-op, there are opportunities for free money from the distributors that are not taken advantage of. The main distributors all carry similar items from the brands they represent.  When the department buys items, they often come with a rebate back to the GPO.  The more they buy, the more that the GPO gets back from

By |July 9th, 2018|Categories: Food & Nutrition|Comments Off on The Food Service GPO – Best practices to maximize your purchasing power

July 4th Holiday – Happy Birthday America!

This year July 4th hits right in the middle of the week but will not stop us from celebrating our country’s independence with family and friends. It’s the time of year where we fire up the barbeque grill and enjoy a chilled beer (or two) - the best recipe for the hot (and often humid) summer days. As you get ready to enjoy the day, here are some suggestions to help you maximize your fun without leaving you exhausted. Beat the heat Wear sunscreen and a hat Stay hydrated – drink water along with the chilled beer(s) Consider carrying organic

By |June 13th, 2018|Categories: Uncategorized|Comments Off on July 4th Holiday – Happy Birthday America!

The Association for Healthcare Foodservice (AHF)– Understand Self Op Programs and the Benefits of a Business Partnership

AHF was established nine years ago when legacy organizations, American Society for Healthcare Foodservice Administrators (ASHFSA) and Healthcare Foodservice Management (HFM), joined forces to establish the “premier” organization for self-operated healthcare food management professionals. Representing roughly 60% of the membership are 650 self-op healthcare facilities (Operator members), including chefs, dietitians, foodservice managers and directors. Soriant Solutions is proud to be a three-year Business Partnership member, providing our in-depth knowledge, expertise, and service to many of these hospitals and healthcare systems. AHF believes that self-operated food service increases food quality and customer satisfaction and proves a commonly used tool to its

By |June 12th, 2018|Categories: Food & Nutrition|Comments Off on The Association for Healthcare Foodservice (AHF)– Understand Self Op Programs and the Benefits of a Business Partnership