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| Providing Web-Enabled Software to Managed Care and Medical Supply Companies. |
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Source Pricing
Cost-effective online products available for medical supply and managed care companies.
Source products are designed and priced to cut operational costs and to increase both revenues and profits. Source management has direct experience in both the medical supply and managed care industries-unlike most software and web developers. Healthcare providers and suppliers operate in particularly low margin environments, while constantly being pressured by higher transaction costs. This often makes capital investments in improved technology difficult for healthcare companies. This pressure can be especially acute for small and medium-sized companies, as larger firms make these investments.
Source pricing is customized to a company and its needs, large or small, but is characterized by low up-front costs and fair, manageable, performance-based monthly fees. The idea of paying transaction fees in a low-margin environment initially gives people pause. But Source's fee structure is designed to save your company money.
According to one industry association, the average transaction cost to a medical supply company for an initial set-up is over $20, and for repeat orders it averages $12. Higher transaction costs are largely caused by the inefficiency of telephones and faxes to manage the multiple pathways that information must travel: authorizations, prescriptions, order information, and patient information, for example.
Source's online products dramatically lower transaction costs, and our modest performance-based fees leave you with plenty of increased margin. Moreover, new and more efficient ways to order attract new business.. This combination of increasing revenues and decreasing transaction costs drives up margins and profits.
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