Caretrak Partner Plus

Often “back of the house” savings translate directly into a facility’s ability to provide direct care staff. One clerk is generally equal to more than one CNA providing hands on care to LTC patient populations. As Medicare and Medicaid cuts bear down on the ability of the facility to maintain its quality care – the combination of savings in supplies, dietary services, and in streamlining the procurement process make the difference between desperate times, resolving long standing systemic problems and operational profitability.

Caretech's well seasoned professionals are armed with 25 years of Materials Management expertise, sophisticated analytical capabilities, outstanding problem solving skills and powerful budgeting and benchmarking tools. Our process begins with a complete analysis of your Accounts Payable for the last 90 Days. Strengths and weaknesses in your purchasing practices are identified, and performance benchmarks are established and agreed upon. A comprehensive vendor review is conducted to ensure that the facility is maintaining relationships that have its best interests as a priority. Economy is established in price, as well as product performance, maximal use, availability, terms and cash flow optimization.

From this point forward, Caretech becomes your full strategic partner and fulfills the roles of Purchasing and Accounts Payable within your organization. Initially any emergent issues that exist will be addressed and ways to preserve and improve direct patient quality of care are addressed. Once we transition into required procedural changes, a more refined analysis begins. We assess how apparent savings in one area may negatively impact your bottom line in terms of increases in labor, increases in operational management requirements, or decreases in the quality of care patient care. The balance between “penny wise and pound foolish” is achieved.

Our performance is evaluated on how well we improve upon your bottom line, and we are fully incentivized as your strategic partner to dramatically reduce your operational and materials expenses. When you save real dollars, we earn our own.

Wherever your facilities are in the process there are innovative tools available to Caretech to assist in your facility’s reallocation of resources as these lean budgetary and reimbursement guidelines are foisted upon you. Whether your demands are simplified and can be met by our proprietary Caretrak Software, or very sophisticated and require an entire staff