Size: 306-bed Medical Center Need: Unbiased benchmarking tool regardless of bed numbers Solution:Renegotiated a contract with the vendor at the price found for similar volume in Lookup Result: $256,000 in savings in first two weeks
Size: Three large healthcare facilities Need: Intuitive, simple tool, fast RFPs, and push alerts of price changes Solution: Curvo’s instant online access to fresh data, real-time scenario modeling, easy set-up Result: $250,000 in savings in first 3.5 months, multiple ROI
Size: 298-bed nonprofit health system with multiple hospitals, centers, clinics, and campuses Need: A more efficient, less labor-intensive contracting process, and eliminate paper-based RFPs and Excel spreadsheets Solution: Accept bids electronically, real-time scenario modeling eliminated multiple meetings and back and forth with physicians, focus on clinical and physician preference items, easy to get up and running Result: Faster decisions with transparency, bids taking a few weeks rather than a few months to complete, and exponential ROI, with $750,000 in savings projected in short time.
Size: Represent 1,300 bed and five health systems across Oregon Complexity: IDN under a reverse membership, owned by several independent hospitals and healthcare systems, small staff Need: Transparency and ease of identifying and vetting supply management opportunities, decisions, and results Solution: Curvo with real-time scenario modeling and trend-spotting, fast analysis, and benchmarking Result: $2.8 million savings (combined with other initiatives) within the first year
Size: Not-for-profit parent company of an integrated network of healthcare services Complexity: A web of patient transport, logistics, outside couriers, purchasing, and storeroom, among others, that rely on supply chain Need: Reduce expenses by $20 million Solution: Fast and intuitive startup, proactive and supportive, endless cost- savings ideas Result: Increased efficiency, saved time, and experienced a 500% ROI in just nine months
Size: Regional health system with five hospitals. Need: Easier and less manual way to initiate cost savings. Solution: Curvo’s flexibility, online chat, product and category knowledge, and usage consolidation make the company stand above the rest. Result: In less than a year, more than $568,000 saved.
Size: A not-for-profit, 217-bed Regional Referral Medical Center Need: Easier and less manual way to identify savings opportunity in a supply category. Solution: Using Curvo’s clear interface for benchmarking, identifying savings projects, price creep reporting, and repricing opportunities with current vendors making it very difficult for any vendor to dispute. Result: Negotiated reduced pricing with vendor to save $200,000 in the first year.