Monday, January 14, 2019

Bulk pricing of healthcare services saves time, money, business owner says - Becker's Hospital Review

Healthcare attorney Bobbie Celler's Rev Cycle GPO is a group purchasing organization that aims to reduce healthcare costs.

Three things to know about Mr. Celler and his business:

1. Mr. Celler founded Celler Law, a third-party liability company in Boca Raton, Fla. Since 2010, Mr. Celler has contracted with more than 400 hospitals and medical providers nationwide, according to a news release. He is also a national host of a legal show on the CW Network.

2. Mr. Celler said the GPO he created specializes in services for healthcare providers rather than products.

"Instead of going to individual stores scattered across the country and paying full retail, we have all of the best services at bulk pricing under one roof in our network," he said.

"Like Walmart, our vendors offer their services for a small percentage above their cost in exchange for volume discounts and bulk pricing for our GPO provider members. This allows our healthcare community members access and the opportunity to significantly optimize their revenue while simultaneously reducing their costs."

3. The organization's website states that services offered by The Rev Cycle GPO include managed care consulting, credit balance outsourcing, healthcare consulting on revenue cycle solutions, quarterly debt purchasing and interim CEO/CFO staffing.

More information about Mr. Celler's business  is available here.

More articles on healthcare finance:

Utilities may be shut off if Kansas hospital fails to pay
S&P: Outlook remains stable for nonprofit hospitals
Arizona's surprise billing law takes effect: 4 things to know

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.



http://bit.ly/2FrkQ7R

No comments:

Post a Comment