Kermit equips supply chain managers, surgeons and executives with real-time data on implantable medical device transactions, offering unprecedented visibility that’s saving hospitals millions of dollars.
Most surgeons don’t know what implantable medical devices cost or what the hospital is being charged. They have no way to help manage spend.
Ensuring fair and accurate billing with so many cases, contracts and devices is nearly impossible for supply chain managers.
Confounded by poor data, executives have limited ability to address PPI-related inefficiencies, struggling to ensure profitability in the ever-changing reimbursement environment.
Kermit allows for easy tracking of PPI spend by doctor, department and device, giving surgeons the insight they need to help manage spend and share best practices.
Real-time analytics from Kermit give the supply chain team the precise information they need to audit, negotiate and maximize savings.
Clean integrated analytics pinpoint an easy place to take back financial control of PPI and build partnerships with clinicians. Kermit produces clean data that can also be transmitted to platforms that support the transition to ICD-10 and adding to joint registries like AJRR.
"Kermit’s in-depth knowledge of capitated construct billing gives me the tools and support to prevent and detect overbilling from reps. They most recently helped catch 6 discrepant invoices from one vendor."a Kermit User Perioperative Services Business Manager a Maryland Health System
"Kermit has been very helpful in identifying non-contract items being used. With this data, we have been able to identify items needed for contract addenda, potentially reducing our long-term costs of previously non-contracted items"a Kermit User OR Implant Coordinator a Maryland Level-1 Trauma Center
"The real-time data and analytic capabilities of Kermit are a game changer for the management of the PPI spend category."Bob Reilly CFO Anne Arundel Health System
Kermit unites stakeholders with an analytics solution that’s easily accessible for all.
Kermit collects and stores billing info on our secure online platform, so that vital details aren’t lost in the shuffle. Automatically submit surgical case data securely to joint registries like AJRR and FORCE TJR.
Kermit creates a paperless environment by digitizing the information on vendor bill sheets. This improves efficiency and accuracy, requires no IT integration and gives your team immediate access from any device.
Kermit runs real-time contract compliance and price audits to ensure vendor agreements are being followed properly and your hospital is paying the right amount every time.
Analytics rapidly identify trends and root issues, unlocking actionable savings opportunities that bring immediate ROI.
Kermit makes PPI spend management highly efficient, enabling supply chain personnel to focus on other problem areas, without compromising clinical choices.
The Kermit team draws on three diverse but crucially related areas of expertise required to manage PPI spend successfully. The winning combination includes clinical experience, device expertise and supply chain management insight, all organized around common goals: value and accountability. Kermit’s intuitive software platform is designed to integrate these areas of expertise, creating unprecedented insight into the darkest corner of spend management and returning financial control to hospitals.Meet the team
11350 McCormick Road, Executive Plaza III Suite 500, Hunt Valley, Maryland 21031