With access to our clients contract data, CostCloud® matches the actual PO spend data to the contract data to evaluate compliance identifying on and off contract spend. The cost-savings opportunities are highlighted for the items off-contract, as well as next tier opportunities for the on-contract spend.
CostCloud® processes, standardizes, and categorizes patient supply consumption from the EMR surgical logs, through its EMR Virtual Item Master, to identify supply cost variation by procedure and physician and to highlight cost-reduction opportunities.