ePayables

During these strained economic times, we are all working to identify new ways to find additional efficiencies, cost reduction, and revenue opportunities.

Innovative Cost Consultants provides a B2B payment service that helps companies and organizations turn their Accounts Payable into a profit center.

Our experienced team can help automate your organization’s payments to vendors and generate significant monthly cash rebates on payments made through our proprietary Payment Solution.

Typical rebates realized are $1 Million for every $100 Million of spend processed through our model.  

With as few as 8-10 hours of work, your organization can be optimizing value within your AP disbursements and generating significant rebates/revenue. Also, the effort to get started is all done remotely by phone and web meetings.

If by chance you have an existing program in place, ICC has a GUARANTEE to increase your current rebate by a minimum of 25% and can leverage the existing file format for payments. It is truly found money!

We know all organizations today are under tremendous stress to navigate the unpredictable future. We completely understand if this is not on your priority list. However, we wanted to let you know that we continue to identify and create unique and innovative solutions to bring direct and immediate value to you and all our clients that we are blessed to serve.

To speak with one of our team members for a free rebate estimate, please contact us at (866) 223- 4932 or david@innovativecostconsultants.com

We look forward to serving you!

Clinical Documentation Improvement (Healthcare Providers Only) 

Innovative Cost Consultants helps healthcare providers improve their clinical documentation and compliance capabilities.

Our focus emphasizes medical documentation, coding, and reimbursement. We’re proud of our track record of success in improving the overall reimbursement process for our clients, who see an average increase in net revenue per patient visit of between 12 and 20 percent.

Enhanced documentation, coding, and billing processes, in turn, can result in improved compliance. We work closely with clients to eliminate the exposures and errors that can harm their practices.

Medical Substance Abuse Withdrawal Management

Innovative Cost Consultants helps health care providers use existing resources to generate new revenue, new service that provides a minimum guaranteed 35% profit margin with no capital costs, fill an unmet community need.

Service Offering:

• Complete turn-key operation with no capital investment, renovations, or upfront costs.
• Not a behavioral or psychiatric service and not patients in advanced stages of withdrawal who need emergency care or who typically are dealt with in the hospital emergency department.

Deliverables:

• No cost pro forma and market assessment.
• Average service generates profit margin of 35% – 55%, 28 patients a month, $925,000 of reimbursed revenue, and $440,000 of positive cash flow.
• No capital investment, renovations, upfront costs, and a complete turn-key operation.
• 98.5% of patients discharged within 3 day DRG.
• Reimbursement averages 97.7% percent, a 2.3% denial rate.
• Hospital receives monthly report on admissions, reimbursement, and financial profitability.
• Meets ACA requirements of annual community needs assessment and plan.
• Improved patient outcomes.
• Results guaranteed with an easy out clause