A key tenet of Lean Six Sigma (LSS) is that you never spend more to solve a problem than it is costing you. SigmaMed’s Value Based Services (VBS) is a project delivery model that guarantees project returns will always exceed costs. We are so confident in our work that we will eliminate your risk by guaranteeing results, reducing our normal consulting rates by 50%, and earning a small percentage of project returns above minimum goals.
Here’s How It Works
If we exceed your goal, you pay us a bonus that equals 10% of the extra returns, up to a capped amount
Your leadership team determines reducing rework on outpatient service orders will result in lower costs in billing to re-process and re-submit claims, reduced AR, and fewer write-offs due to untimely filing, etc. You decide on your goal for reducing rework on these orders and we send you a project proposal to reach these targets:
Minimum Goal — 5% rework, a 75% improvement, results in total savings of $120,000/year
Actual Project Results — Project team reduces rework to .5%, a 98% improvement, results in savings of $160,000/year
As a future partner we understand the pressures you face and will put some of our skin in the game too. VBS enables you to try out Lean Six Sigma and our company without any risk of making a wrong move. A highly successful project is the best way to initiate a Lean transformation and we can teach you how to build on this base and build momentum. To learn more about our approach to Lean Six Sigma consulting you can download our Lean Sigma Healthcare mini-White Paper, “Lean that isn’t a Waste,” or email Jamie Martin.