Our Process

Orthopedic Implant Revenue Management

Advantien partners with ambulatory surgery centers to streamline purchasing, reduce ortho/spine implant and supply costs, and drive significant profits – without impacting surgeon choice. 

01.
Financial Analysis

We begin by conducting a 12-month historical implant spend analysis. This deep dive ensures we identify the best strategies and solutions customized to your facility and goals. Once a strategy is agreed upon, we’ll enter into negotiations on your behalf.

Services provided:

  • Data analysis of implant spends
  • Managed care contract review
  • Assistance with provider enrollment
  • Data-driven vendor price negotiations
  • GPO and 3rd-party negotiations
  • Unlimited RFPs to ensure competitive local pricing
orthopedic implant revenue management report
02.
ASC Clinical Support

With our finance team working hard at identifying cost savings opportunities, it’s time for our clinical support team to step in and optimize your back office and supply chain operations.

Services provided:

  • ASC operational assessments and training 
  • Customized case costing tool
  • Patient responsibility estimation 
  • Construct & Kitting options
  • Shelf stock & consignment orders
  • Backorder tracking and troubleshooting
  • 24/7 support for Materials Manager (learn more)
Support for Materials Managers
03.
Implant Case Management

From case beginning to end, Advantien works closely with your team to ensure that all aspects of the case are logged, tracked, and audited for accuracy. If we find a discrepancy during our audit, we’ll work diligently to reconcile the error.

Services provided:

  • OR Implant Log auditing
  • Bill-Only tracking and submission
  • Waste costs/Explant tracking
  • Invoice-to-Patient matching (within 24-48 hours)
  • Reconciliation of errors
04.
Streamlined Surgery-to-Reimbursement

Our centralized purchasing process simplifies the AR and AP process by consolidating numerous manufacturer invoices into one easy-to-read invoice that ensures you get paid up to 14 days faster.

This means less paperwork for you and better cash flow for your facility.

Services provided:

  • Centralized Purchasing
  • Consolidated Invoices
  • Contract/Price matching and enforcement
  • Ensure vendor reps are paid promptly
  • Support for IOS systems such as Envi
  • Support for CIS systems such as HST, EPIC, AdvantX, etc.
  • Support for Payment systems such as Bills.com
05.
Ongoing Optimization and Analysis

With our teams fully integrated with your facility, you’ll have in-depth data analytics, supply chain optimization experts, and 20-year veterans of the orthopedic implant industry at your service.

» Need a customized solution to a nagging operational problem? We can help.

Services provided:

  • Monthly Implant Cost Analysis Reports
  • Surgeon Scorecards and Benchmarking
  • Thresholds Monitored and Adjusted
  • On-demand consultations with Advantien Experts 
Your investment

We offer custom payment options customized to your facility.

Monthly Service Fee

After performing our initial analyses to identify your potential savings opportunities and operational requirements, we’ll provide a custom quote for your facility. Any savings we secure on your behalf will go directly to your bottom line. 

Wrap-around Service Fee

Like our monthly option, we’ll perform our initial analyses to identify potential savings opportunities and operational requirements. However, there is no monthly fee. Instead, our service fee will be deducted from the margins we create while optimizing your implant reimbursements. 

*Not all ASCs will be candidates for this option.

THE ADVANTIEN ADVANTAGE

On average, we drive an additional $100-200K of profit per $1M in implant spend.

How do we do it?

With nearly a decade of experience and data from analyzing thousands of implants spends, we’re experts at optimizing your facility’s savings and profit opportunities. We use our proprietary benchmarking process to analyze your implant usage and spending, case mix, payor mix and expected reimbursements, then optimize to improve your profits.

Profits delivered to customers each year

3

Ortho/Spine vendors that we work with

130

Surgeries processed each year

10

SKUs in our pricing database

300
H.L. | Materials Manager

H.L. | Materials Manager

“Advantien helps alleviate the day-to-day ordering and correspondence struggles, the juggling between multiple vendors, departments, and divisions, and streamlines these processes in a one-stop-shop experience, with excellent reliability, response, and accuracy.“

next steps

Ready to learn more?

Schedule a complimentary, no-pressure introductory call to learn how we can help your ASC boost profitability.

Free Implant Analysis