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SPEND CONTENT
MANAGEMENT SOLUTIONS

Medusind offers a rare combination of Spend Management Solution and Spend Analytics Solution to clients. Our perceptive team of experts helps clients reduce spending and increase revenues.


Spend Management Solution creates a spend management infrastructure that dovetails Strategic Sourcing and Supplier Relationship Management by:


  • Reducing spending
  • Increasing procurement compliance
  • Rationalizing suppliers
  • Manage categories
  • Tracking savings mandates

Spend Analytics Solution gives our client global spend visibility. We help organizations create automated processes to classify spend data and identify savings opportunity. In return the business generates more savings and gets maximum returns on investments.



Data Mapping and Validation

Normalizes the Item/supplier information including demographics of the supplier and parent-child relationship; maps the normalized data to the master database.


Benefits:


  • Enables higher match rates
  • Ensures up to date information in vendor masters with regards to acquisition/mergers and address changes etc.
Product Attribution and Cataloguing

Medusind provides thought leadership and industry expertise to help build attribution rules and customize the attribute type and number. It defines rules to suit the existing business specification, focus and intended usage/final product.


Benefits:


  • Research empowered by trained physicians and paramedical staff
  • As many as 32 different product attributes
  • Allows for comparative product analysis
  • Improved sourcing through consistent descriptions
Product Classification and Taxonomy Development

Our product classification services include global schemas like UNSPSC and/or any proprietary schema of manufacturer / supplier. We help our clients build a schema to specific domain, tailored to customer needs and provide a mapping/cross walk from any proprietary schema to the global schema.


Benefits:


  • Enhanced spend analysis
  • Improved budgeting and forecasting
HCPCS Coding

We provide HCPCS level-2 coding services to facilitate accurate reimbursements of hospital supplies billed to a public or private insurer in compliance with CMS guidelines. Our Coding team is certified by American Academy of Professional Coders (AAPC).

Product Recall Capture / Alert Management

Help our clients provide prompt and complete product recall information to the members.

Contract Digitization & Scanning Services

Analysis and digitization of supplier or GPO contracts, including the extraction of effective start and end dates, key business terms, products, prices, and relevant tier information.

Overpayment Recovery and Capture

Supplier pursuit and follow up on behalf of hospital customers for potential overpayments, duplicate payments, or expected tax credits.


 
 

MEDICAL BILLING & RCM

DENTAL SOLUTIONS

TPA SOLUTIONS

SPEND CONTENT MANAGEMENT SOLUTIONS

CONSULTING & ALLIED SERVICES

 

 

For more information, please contact us at

1-800-407-0106

 
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