Cost Finding
to Enhance Efficiencies and Rate Negotiations
Maximize
Purpose
MTM Services helping teams accurately cost their services from the provider level all the way down to the cost per code per hour/event since 2004. MTM also helps teams utilize that costing information to adjust their service delivery systems to impact their consumers and their staff more positively. Not only does MTM work with individual organizations on costing, but we have also been lucky enough to work with multiple states and or provider associations to do comparative costing for multiple organizations in such a way that the numbers can be accurately compared side-by-side. Having this type of data captured utilizing the same methodology has been exceedingly helpful for teams facing budget cuts, which is allowed MTM to help states turn back over $100 million in proposed funding cuts by helping organizations present their true cost of care.
Process
Two-hour online kick-off meeting to review organizational data entry efforts
Immediate follow up for all questions related to data entry
A final report showing multiple views of cost and revenue data, with a comparison to national average costing numbers
Access to the MTM Services Resource Library
Timeframe: 1-2 months
Outcomes:
● Eliminates assessment delays and no-shows
● Improved consumer satisfaction – engaging people when they are ready
● 6:1 ROI in first year based on increased efficiencies, higher show rates and engagement levels
MTM Team
President, Senior SPQM Data Consultant and Senior National Council Consultant