Supply Chain is a multi-disciplined arm of NSM that negotiates pricing contracts with the manufacturers in order to generate the best opportunity to provide the most clinically appropriate equipment for our ATPs to deliver to our clients. These opportunities are then crafted into programs, such as the Product Profile, in order to provide a guide to the best path for financial success.
Understanding the importance of high/increasing Profile Compliance and its relation to higher margins (and therefore higher profitability), allows for ATPs to generate increased margins.
Here you will find links to important information that will assist in making more informed decisions when selecting the best equipment for our clients.
You can also find important communication related to product updates and spotlights, manufacturer information, shipping details, and timely product selection news.
“We should lead with Profile options when doing an evaluation and we should think about the financial health of the organization when possible. Improving our ranking % will allow NSM to realize an improvement in margin without compromising client need.”
The Margin Center of Excellence – Here To Help (per the WNSM page)
The
Margin Center of Excellence’s main objective is to guide ATPs through product selection and overall margin management. The Margin COE is currently looking at every power chair, manual chair under 65%, ADLs under 20%, and any negative margin order.
They conduct an overall order audit looking at product selection, coding, cost, and detail accuracy. The main goal is to help ATPs navigate through the funding world while choosing the most clinically appropriate and margin friendly products. The COE also works closely with the funding specialist on coding accuracy and price bundling to make sure we are booking the appropriate revenue.
If you would like to explore how to increase conversion rate coupled with improving margin percentage benefits NSM, your branch, and you personally please reach out to your Regional Area Director to review your book of business.
Thank you,
Johnny V.