SORIANT REDUCES OPERATING EXPENSES WHILE INCREASING QUALITY OUTCOMES
Why do hospitals, health systems, and higher education continue to turn to Soriant? Our reputation is built on the success stories we have helped launch around the country, increasing revenue and cutting costs for hundreds of unique organizations. At the core of our healthcare solutions is a 3-phase process that streamlines efficiency, redesigns job flows, and renegotiates contracts for your financial interest. Using advanced metrics to measure our team’s performance, we have found that our clients not only reduce expenditures by an average of 12%, but we can also boost your bottom line by as much as 20% over a 4-6 month period. With our commitment to new technology and innovative strategies, Soriant provides immense cost-saving opportunities while actually improving patient care and customer satisfaction.
Integrated Support Services Solutions
CLINICAL ENGINEERING
Clinical equipment (both diagnostic and therapeutic) is essential to patient wellbeing in any healthcare facility. Our team strives to find cost-cutting solutions that can prolong the life cycle of these products, minimize contractual expenses, and optimize staffing requirements.
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CONTRACTS & CONTRACT SERVICES
Renegotiating contracts with third-party vendors can often achieve savings in the millions of dollars. Our team has offered professional consulting on hundreds of healthcare contracts, giving us a comprehensive understanding of how the industry works. With a dedicated team representing your business’s financial interests, Soriant can negotiate a contract that maximizes your coverage options. Read More
DESIGN
The physical layout of your office or hospital can actually reduce productivity and overall earnings year over year. Designing an aesthetically pleasing facility will actually attract patients and lead to more business. Further steps to simplify workflow, encourage sanitation, and improve staff mobility can equate to huge annual savings.
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ENERGY/UTILITIES
A facility’s monthly electric and utility bills can cost a fortune if clients are locked into unfavorable contracts, using antiquated technology, or failing to meet industry standards. By auditing your utility and telecommunications expenses, we can scrap expensive services you don’t need and negotiate satisfactory contracts with energy and utility providers.
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ENVIRONMENTAL SERVICES
Hospitals and medical offices should be beacons of cleanliness and sanitation. At the same time, these facilities also produce tons of waste that need to be safely disposed of. Balancing these initiatives without increasing fees or enlarging staff can be difficult without a partner like Soriant to find your most cost-effective solutions.
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FACILITIES MANAGEMENT/ENGINEERING
Soriant consultants will help your facility improve operational efficiency, generate utility savings, and design the most advantageous environment for patients and staff. We assist your business in purchasing and upgrading assets, negotiating new contracts, and maintaining regulatory standards to deliver optimal service outcomes.
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FOOD & NUTRITION
Providing high-quality food to your patients and visitors is a necessary, yet expensive budgetary constraint. Many of our consultants are former directors of food & nutrition departments, so we have the expertise to bring cutting-edge practices into the kitchen, reducing your net operating costs and boosting satisfaction.
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Case Studies:
Midwest Health System – 3073 Bed – 4.5M Annual Savings
Queens Medical Center – 400+ Bed – $1.3M Annual Savings
University of Florida Health – 850+ Bed – $1.5M Annual Savings
Palomar Health – 800+ Bed – $864K Annual Savings
Yuma Regional Medical – 400+ Bed – $1M Annual Savings
Antelope Valley Hospital – 400+ Bed – $1.88M Annual Savings
Gwinnett Medical Center – 553 Bed – $1M Annual Savings
Midwest Community Hospital – 220 Bed – $240K Annual Savings
Navicent Health – 637 Bed – $800K Annual Savings
Vidant Health – 800+ Bed – $1.45M Annual Savings
Methodist Hospital – 330 Bed – $600K Annual Savings
Sentara Halifax – 192 Bed – $322K Annual Savings
UNC Lenoir Health Care – 261 Bed – $494K Annual Savings
Midwest Hospital System – 330 Bed – $1.3M Annual Savings
Midwest Hospital System – 600+ Bed – $1.7M Annual Savings
INTERIM MANAGEMENT SERVICES
When faced with tactical and strategic challenges, companies must adapt faster and bolster internal resources with the added experience that Soriant provides. Having skilled, experienced leadership to pursue planned or unexpected opportunities or drive strategic transactions is critical. Soriant’s interim team lead and engage in the process to ensure stability through the transition. Our interim team provides leadership, operating experience, financial management and the highest levels of functional and industry expertise to help design and reinforce stakeholder goals.
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CASE STUDIES:
Northeast Health System – 1031 Bed – Improved Staff & Patient Satisfaction
Gwinnett Medical Center – 553 Bed – $1M Annual Savings
LABORATORY SERVICES
As your collaborative partner, we identify cost-cutting solutions in your facility’s laboratory services department. Finding opportunities to save money, streamline efficiency, and increase revenue will improve the overall services of your clinical laboratory. With consultants that have decades of experience in lab settings, we can find uniquely tailored opportunities to cut down on wasteful expenditures.
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LAUNDRY & LINENS
Considering the sheer number of beds, towels, and other linens that your facility uses, laundry services are an expensive budgetary constraint. Our leadership can pinpoint ways to optimize linen utilization by negotiating a contract that minimizes cost per pound and finds innovative solutions to address hospital sanitation.
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Northeast Hospital System – 300+ Bed – $265K Annual Savings
Yuma Regional Medical – 400+ Bed – $1M Annual Savings
Antelope Valley Hospital – 400+ Bed – $1.88M Annual Savings
PATIENT TRANSPORT
Moving patients to new wings of your facility cuts back on valuable employee time and reduces overall efficiency. Soriant seeks creative ways to accomplish daily patient transport that actually increase office productivity and reduce the cost and time per trip.
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PHARMACY
The pharmacology department of the average hospital accounts for 10-15% of the total budget. Especially considering rising costs and lower reimbursements, it is imperative that hospitals find innovative strategies to reduce pharmacy costs while still offering full access to prescriptions and medications for patients.
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ROOM SERVICE
Patient satisfaction and room service go hand in hand. Not only do patients desire high quality food with prompt service, but they also want to see a friendly staff that takes pride in daily patient interaction. Implementing and revamping hospital room service increases patient well-being and even reduces unnecessary spending.
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SECURITY
A hospital or medical facility must provide a sense of security and safety to all of its visitors. Insufficient security can lead to asset loss, while overstaffing can lead to excessive outlays. Finding the ideal number of officers and installing advanced security systems can optimize your patients’ safety.
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CASE STUDY:
Yuma Regional Medical – 400+ Bed – $1M Annual Savings
VENDING
Vending services are often overlooked in the pursuit of hospital savings. This is actually a great opportunity to provide healthful, nutritious food to guests and generate revenue that did not previously exist. Funds that are accumulated through vending services can be reinvested efficiently throughout your business.
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CONSULTING PHILOSOPHY
Offering the best healthcare consulting requires our team to have the vision to walk in someone else’s shoes. Understanding the patients you serve and the atmosphere you wish to provide are integral in developing a unique solution for your hospital. Partnering with Cleveland Clinic, the following video reveals our dedicated approach to allay the concerns of patients and family and maximize the healthcare experience for all.
CONTACT US TO LEARN MORE ABOUT OUR SOLUTIONS
For more information on our specialized healthcare solutions or to inquire about specific ways that Soriant can help your organization, please contact us to schedule a consultation.