Cost Containment Solutions Meaning
Since our launch the word cost was specific to the monetary savings we provided our clients and over the years has evolved as the time savings we provide has been equally important.
Cost containment solutions meaning. A summary of aca cost containment provisions described within each of the briefs and related provisions. Cost containment solutions is a leading independent consulting company that specializes in resolving specialty medical bill claims. Cost containment is a business strategy that involves cutting expenses to increase profitability or to remain sustainable over time it is a practice where extraordinary expenses are reduced to a minimum and companies look for ways to diminish all its regular operating costs. Cost containment solutions inc.
The amount of energy used to maintain acceptable temperatures in the data center can be greatly reduced by containment. By separating the air you are able to save revenue by reducing your energy consumption and improve overall equipment performance and. With this acquisition the denali incorporated brands of belco containment solutions ershigs fabricated plastics and fibra will join the fiber glass systems business unit within nov. State legislatures magazine a 2012 health cost series was published in the june and the july august issues.
Cost containment is the business practice of maintaining expense levels to prevent unnecessary spending or thoughtfully reducing expenses to improve profitability without risking long term damage to the company. Has been a premier management consulting firm specializing in communication invoice vendor auditing since 2001. Before we discuss cost containment strategies with respect to healthcare we need to understand what cost containment is. Focused on providing exceptional service to our clients utilizing the most innovative technology and ensure the highest justifiable savings.
The process of controlling the expenses required to operate an organization or perform a project within pre planned budgetary constraints. Verifyerrors message verifyerrors verifyerrors message. And with the ability to process thousands of claims per hour these cost containment solutions reduce the need for healthcare organizations to maintain massive claims and administrative staffs. Data center containment is the separation of cold supply airflow from hot air coming out of equipment exhaust.
Claims adjudication enhancements fight fraud reduce abuse and contain cost which add up to a bigger bottom line. The articles include summaries of five additional cost containment topics.