Below is a repricing report from a CMN client. In the two months prior to CMN's involvement, the client was achieving an average savings of 18% off billed charges.
With a consultative approach to plan development and CMN's strong steerage abilities the program over the next 10 months had an overall average savings of 48% off billed charges.
The results of the efforts realized an incremental savings of $1,380,515 USD. For the first time in 5 years our client had a profitable health portfolio. "With CMN's help we finally turned the corner on controlling our overseas health expenditures."
Caribbean Government
July 1, 2002 - June 30, 2003 Repricing Report
| Before CMN's Involvement | ||||
| Month | Original Provider Billings | Repriced Provider Billings | Network Savings | % of Savings |
|---|---|---|---|---|
| July | $96,514 | $79,485 | $17,029 | 18% |
| August | $396,184 | $322,985 | $73,199 | 18% |
| After CMN's Involvement | ||||
| September | $705,106 | $305,143 | $399,963 | 57% |
| October | $492,695 | $243,585 | $249,110 | 51% |
| November | $319,772 | $213,938 | $105,834 | 33% |
| December | $652,355 | $354,841 | $297,514 | 46% |
| January | $750,648 | $387,442 | $363,206 | 48% |
| February | $180,417 | $67,638 | $112,779 | 62% |
| March | $911,143 | $424,022 | $487,121 | 53% |
| April | $92,886 | $52,839 | $40,047 | 43% |
| May | $66,810 | $43,248 | $23,562 | 35% |
| June | $217,958 | $126,416 | $91,542 | 42% |
| July | $745,526 | $439,860 | $305,665 | 41% |
| August | $457,896 | $228,948 | $228,948 | 50% |
| Totals | $5,593,212 | $2,887,920 | $2,705,291 | 48% |
