Cost Finding
Do you know your true costs of delivering services by staff and/or service code?
Purpose
MTM’s longitudinal costing data from multiple ongoing statewide projects lends national trend lines and comparison points for organizations in our cost finding consultations. Our experts work with a true cost-versus- revenue comparison to break down margin by position type (i.e., MD, APRN, LCSW, etc.) and CPT/HCPCS code, giving organizations a very clear measure when making changes to improve their systems.
Process
Online Kickoff Meeting
Immediate follow up for all questions via email as the team works on their data entry
One follow up meeting to review and confirm the final data and make adjustments as needed
One written report showing the final costing numbers by position and code for the agency with a comparison to national numbers and suggestions for next steps based upon the numbers
Access to copyright protected data capture, calculation and report tools from the MTM Services resource library relevant to the consultation purchased
Timeframe: Timeline of consultation is adaptable to the organization's pace (average is 4 to 8 weeks).
Outcomes:
● Significant savings on time spent in processes versus what is happening now
● Significant Risk Reduction
MTM Team
President, Senior SPQM Data Consultant and Senior National Council Consultant