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HFMA Educational Webinar:

Maintaining low operating costs is critical to the mission of healthcare providers. Yet back-office operations like purchasing, invoicing, and paying suppliers are frequently overlooked as opportunities to lower costs and drive revenue.

For the first time, the entire source-to-settle process can be automated with a single platform. Remitra is a GPO and ERP-agnostic cloud-based technology built by healthcare experts for the healthcare industry.

Digital Transformation Spanning:
Procurement – Invoice Processing – Payments – Supplier Management

Supply Chain

EDI and Non-EDI Exchange

Bringing together all suppliers regardless of their EDI capabilities.

Order Entry

Reducing pricing errors through built-in order checking.

Invoice Auto Correct/Reject

Notifying suppliers of errors before they turn into match exceptions.

Finance

e-Payment Conversion

Reduces costly check spend and optimizes for revenue-generating electronic payments.

Automated Statement Reconciliation

Quickly detects errors across batches of statements at scale.

Duplicate Payment Prevention & Credit Recovery

Saving healthcare providers from costly mistakes.

Automate Manual Payment Processes and Eliminate Unnecessary Waste

What Healthcare Professionals Are Saying

“Most people view the AP department as a function within the Procure to Pay process that is necessary but unlikely to create a competitive advantage. However, a company can transform the traditional AP cost center into a cost savings driver. It can do this by employing a simple strategy that consists of analytical tools, robust processes, and a team approach to drive outstanding results.3

– George Godfrey, SVP and Chief Supply Chain Officer at Baptist Health South Florida

Simon Dawkins

“This constant dispute resolution around the quote-to cash process rather than actually working together to focus on the patient frustrates both sides.4

– Simon Dawkins, Vice President, Healthcare Systems at Smith & Nephew

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Sources Cited:

  • 1. 4 Ways to Reduce your Company’s Days Sales Outstanding (DSO). Receeve GmbH. (2021, March 26). https://receeve.com/blog/how-to-improve-your-dso/.
  • 2. Based on Premier’s Data. Accurate as of February 2021.
  • 3. Based on Premier’s Breakthroughs 2021 presentation (2021, June 15) including George Godfrey, Senior Vice President, Supply Chain, Baptist Health South Florida.
  • 4. Based on Premier’s Breakthroughs 2021 presentation (2021, June 15) including Simon Dawkins, Vice President, Smith & Nephew.