Realize significant savings.
If your healthcare facility is like most, the cost of pharmaceuticals and medical supplies may account for as much as 80 percent of your cost structure. MHA contract management — available across all of our classes of trade — helps members realize and maintain significant cost savings and efficiencies across the entire contract management process, as well as through ongoing contract maintenance.
- Ensures contract linkage and pricing alignment. Our process begins with a new member consultation and strategic purchasing realignment. As soon as members are eligible for contracts — typically after 30 days — MHA evaluates contract linkage, closes any gaps, and ensures the issuance of credits and rebills so that member contracts are properly linked from the start.
- Manages acquisition costs. With comprehensive contract portfolios, MHA provides information that helps members choose among competitive products across multiple classes of trade. Comprehensive reporting helps member maintain these lower costs without compromising patient needs.
- Helps maximize rebate savings. With MHAximizer, our proprietary online rebate management tool, members can track current purchases and evaluate opportunities over a given period of time to maximize savings. MHA then audits rebate participation, reconciles it against manufacturer’s calculations, and ensures accurate member reporting.
- Audits and reconciles discrepancies. MHA pioneered the ongoing monitoring and reconciliation of contract pricing. Our multiple automated proprietary processes flag discrepancies and submit them to the supply partner or pharmaceutical wholesaler for correction and member reimbursement. MHA also conducts quarterly audits with pharmaceutical partners to review performance and member contract participation.
Visit Member Business Support for more information on MHA account-dedicated service and purchasing reporting.