In the dynamic realm of healthcare, seamless communication is essential. For a radiology company operating across 16 locations, managing telecom services efficiently and cost-effectively can be a daunting challenge. However, with strategic expertise and tailored solutions, significant savings and operational efficiencies are within reach. Prelude Solutions recently embarked on a contract renegotiation and optimization project for this multilocation radiology company, resulting in remarkable outcomes.
Company Profile:
- Locations: 16 locations nationwide
- Initial Invoices Managed: 18 unique carrier invoices
Telecom Challenges and Solutions:
The Chief Information Officer (CIO) faced a complex scenario with a pending DocuSign for a contract from their carrier, proposing billing of $50,000 across 7 different contracts/terms and 7 different invoices/accounts. Prelude Solutions stepped in to renegotiate pricing and terms with the carrier, which led to:
- Simplified Management: Synchronous agreements were established, simplifying management.
- Consolidated Billing: All services were consolidated into one single invoice.
- Significant Cost Reduction: Billing was reduced to $32,000, resulting in substantial savings.
Additional Telecom Achievements:
- Thorough Telecom Services Audit: Prelude Solutions conducted a thorough audit and optimization of the 18 unique invoices, identifying areas for improvement and cost reduction.
- Annual Savings: The company achieved annual savings of $252,290 through these efforts.
Conclusion:
This case study exemplifies Prelude Solutions’ expertise in contract negotiation, invoice consolidation, and cost optimization. By streamlining telecom expenses and simplifying management, healthcare providers can achieve significant savings and operational efficiency improvements.
At Prelude Solutions, we are committed to helping healthcare organizations optimize their telecom services. Contact us today to learn more about how we can help your organization unlock savings and drive efficiency.