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The Caretech Group
  BudgetWire

Special Edition
September 2009 
Volume 2b
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The Caretech
Budgetwire Blog

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Caretech Group's Budgetwire Blog addresses the complex budgetary issues facility executives face.  We're interested in hearing your personal experiences and challenges each month.

Steve Katz, Vice President of Business Development at Caretech Group and Lecturer on Health Services Administration at City University of New York's Lehman College hosts Caretech's Budgetwire Blog.  Mr Katz has over 25 years industry experience and 12 years experience lecturing future industry leaders.



The innovation in CareTrak™, CareTrak Plus™ and CareTrak Partner Plus™ Procurement Solutions are that Caretech Group take materials management a step further by linking spending to clincial outcomes...

Dear Contact Custom Text 1,
 
The 2010 nursing budgets brings unprecedented challenges for the potential cuts to Medicaid as well as additional cuts to Medicare if Health Care Reform is enacted.  Caretech offers you several options that can reduce your operating expenses and minimize the impact of direct care that the reimbursement policies threaten:

CareTrak™ - Your budget and purchasing authority are managed throughout the purchasing process.  Approval hierarchies are predefined, and our most basic reporting package is customized to your organization.  Servicing medical, educational and institutional facilities CareTrak™ is versatile, yet exact.  Standard reports are included with the basic package allowing your staff to better manage budgetary goals.

CareTrak Plus™ - If a  facility needs to lower expenses by reducing back of the house administrative support staff, CareTrak Plus™ fills in the gap.  Using CareTrak™ software, client facilities submit orders for supplies, and Caretech Purchasing Agents process orders and manage their complete fulfillment and on time delivery according to predetermined approval standards.  Variances are immediately addressed, and creative alternatives are offered to facility management as opportunities arise.  You benefit from the collective experience of our staff members that are proficient in serving over 7000 LTC beds.

CareTrak Partner Plus™ - Caretech becomes your full strategic partner and fulfills the roles of Purchasing and Accounts Payable within your organization using our purchasing systems that provide you with real time information, along with our budgeting and  benchmarking tools.  This options allows your facility to achieve reductions in purchasing and accounts payable staff.
 
As lean budgets and reduced reimbursement require changes in operations, there are innovative tools available from the Caretech Group to assist in your facility's reallocation of resources.  Whether your demands are simplified and can be met by our proprietary CareTrak™ Software, or very sophisticated and require an entire staff, our distinctive approach gives your facility the dual advantage of innovative solutions and seasoned executives that protect and enhance your organizational objectives.
 
If you would like immediate assistance please call me at 914.400.7124.  I will be contacting you soon to discuss how The Caretech Group can help you adjust to the new fiscal realities
Sincerley,
 
Steve Katz
Vice President of Business Development
Free
Budget
 Analysis

Caretech's services extend beyond purchasing supplies and ensuring 100% fulfillment of your orders by providing the data and analysis vital to operating your facility within budget.  Contact us today to arrange for an analysis of your actual v. budgeted expenditures and to receive a sample report demonstrating how our expertise helps you optimize utilization.
Offer Expires: September 15, 2009