Smarter Purchasing, Better Outcomes: How Healthcare Providers Are Rethinking Spend
In today’s healthcare environment, smarter purchasing isn’t just a goal—it’s a necessity. As margins tighten and value-based care models evolve, provi...
PPI Spend Management
PPI Spend Management
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Better Bill Sheets, Better Outcomes: Helping Hospitals and Vendors Work Smarter Together
Every implant case depends on one simple but critical document: the bill sheet. It drives billing, inventory reconciliation, and clinical documentatio...
PPI Spend Management | Kermit News
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Kermit CEO Named Implant Spend Management Expert for the Power Supply Expert Series
Hunt Valley, MD, April 18, 2023 – Power Supply, a leading provider of hospital supply chain information and solutions, has named Kermit CEO Rich Palar...
PPI Spend Management | Vendor Management | Implant Recall Management
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What is the FDA 510(k) Approval Process for Medical Devices?
A version of this blog was originally published in ImplantKnowledge, Kermit's free monthly LinkedIn newsletter. Click here to subscribe to ImplantKnow...
PPI Spend Management | Bill-Only Process
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3 Data Visualizations You Can Find in a Kermit Implant Quarterly Business Review
Kermit’s commitment to “return the balance of power to hospitals and surgeons” includes providing actionable insights to drive operational improvement...
PPI Spend Management | Bill-Only Process
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Automation From Implant Bill Sheet to Purchase Order: How Kermit Integrated with Oracle at Inova Health to Increase Accuracy, Save Time, and Reduce Spend
Today’s hospitals are facing an unprecedented set of challenges as labor shortages, supply chain disruptions, and inflation combine to depress hospita...
PPI Spend Management | Vendor Management
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How A “Procure-To-Pay” Strategy for Implants Can Lead to Labor Efficiency, Improved Accuracy, And Increased Cost Savings
Like many industries in the U.S. today, hospitals and health systems are being challenged by an unprecedented shortage in qualified labor. These labor...
PPI Spend Management | Contract Negotiation | Vendor Management
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4 Ways to Partner with Surgeons in Your Implant Savings Initiatives
Often, when supply chain leaders discuss cost savings opportunities with surgical teams, their ideas are met with a heavy dose of skepticism, resistan...
PPI Spend Management | Contract Negotiation | Vendor Management
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Revisions and the Other “Impossible” Divisions We Successfully Implemented Capitated Constructs (And Our Ambitions for Even More)
We have already made it clear: we are big supporters of the capitated construct, one fixed price for a surgical procedure where implants are used, reg...
PPI Spend Management | Bill-Only Process | Vendor Management
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Is It Time to Reconsider Capitated Constructs To Address Runaway Implant Costs?
When procedural capitated cost models were first introduced as a strategy to reduce the expense for total hip and knee arthroplasty cases, the strateg...
PPI Spend Management | Bill-Only Process | Contract Negotiation | Vendor Management
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5 Ways to Find Implant Savings in 2022
In 2022, it is time to look ahead for many hospitals and health systems. After a challenging two years, many hospital supply chain leaders are taking ...
PPI Spend Management
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4 Real Implant Bill Sheet Compliance Issues That Could Have Overcharged Hospitals by $40K+
Editor's Note: The images in this blog are all real bill sheets audited by Kermit. For the purposes of this blog post, information has been redacted a...