Becker's Healthcare June 12, 2024
Matt Kraemer, administrator of Northern Arizona Healthcare in Flagstaff, joined Becker’s to discuss his team’s strategy in handling the obstacle of rising overhead paired with stagnating ASC reimbursements.
Editor’s note: This response was edited lightly for clarity and length.
Question: What is your strategy for tackling rising costs paired with stagnating reimbursements?
Matt Kraemer: The big obstacles are the cost of medical supplies, the cost of implants and the cost of employees. Those are the three big buckets of operating costs. On the medical supplies and implant supplies piece, the key is managing the contracts and managing those vendor relationships. We want to create highly aligned and highly beneficial vendor relationships with our partners so that it’s a...
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