Cutting cost through innovative purchasing services
		Health Plans
		By contracting with IPS, the Health Plan provides a cost savings to their provider network because the provider is no longer responsible for claim submissions for medical devices. More importantly, IPS takes responsibility for payment of the manufacturer’s invoice. Thus, IPS and the Health Plan provide the devices at no cost to the provider. IPS can interface directly with hospitals and other healthcare providers to create a streamlined and consistent claims submission process for the Health Plan, as well as capturing meaningful data. Hospital ordering process does not change Device manufacturer ships implant to hospital Device manufacturer invoices IPS directly IPS bills Plan directly at a negotiated discounted price Administration/claims processing is streamlined, reducing cost to Plan
		Benefits to Health Plans and Providers
		IPS Benefits to Health Plans: Savings on implant costs Uniform pricing in marketplace Single entity billing and reimbursement Ease of process through electronic submissions Data capture   IPS Benefits to Providers: Eliminates the need for hospitals’ outlay of cash to purchase implants; increases cash availability Eliminates the financial risk of collection process Streamlines the process of making implants available to surgeons and their patients
		Strong Leadership
		The IPS Senior Management Team has significant experience in the following areas: Health Plan-provider contracting Hospital implant billing and financial management Billing systems, third party reimbursement and collections Implant purchasing contracts Operational planning and program development Health care law IPS is located in Philadelphia, Pennsylvania.
502 West Germantown Pike, Suite 750 Plymouth Meeting, PA 19462 info@implantpurchasing.com   © 2005- Implant Purchasing Solutions		Getting Started: The Steps
		IPS has negotiated direct manufacturer discounts for many implant devices. A portion of these savings can be passed on to the Health Plan simply by following these steps: IPS presents services and performs Health Plan Implant Reimbursement Analysis IPS presents findings and, utilizing its manufacturer contracts, tailors a cost savings program to meet the Health Plan's specific goals Contract between IPS and Health Plan is finalized IPS begins implementation phase Health Plan Program is operational within 30 days or less By participating with IPS, the Health Plan will provide cost and labor savings to their hospitals. In addition, the Health Plan will finally have a voice in the cost of the implant devices for which they are providing reimbursement.