Premier Cost Recovery, Inc.

💡 Did you know that breaking down silos between AP and Supply Chain can transform healthcare system efficiency? Our 2025 Industry Trends report explores healthcare accounts payable trends and how AP and Supply Chain collaboration fosters smoother operations, cost savings and better patient care. Discover actionable insights from Premier Cost Recovery's experts. Read the full post here: https://lnkd.in/gyx_p5b4 #HealthcareAPTrends2025 #Healthcare #AccountsPayable #SupplyChain #2025Trends #HealthcareEfficiency

Did you know unclaimed property is often turned over to the state? While these funds can be reclaimed at no cost by the rightful owner or heirs, it’s essential for healthcare systems to ensure they have robust processes to track and return unclaimed property. During an AP recovery audit, we: ✔️ Reconcile unclaimed funds, open checks, and cash accounts ✔️ Analyze the causes of unclaimed property and recommend improvements ✔️ Recover abandoned and unclaimed property from all levels of government Let us help your organization recover lost assets, mitigate financial risks, and strengthen your accounts payable process. Have questions? Let’s connect! Reach out to us at https://lnkd.in/gw5rF2aQ. #UnclaimedProperty #HealthcareFinance #AccountsPayable #APRecovery #FinancialCompliance #AssetRecovery #HealthcareAudit #AccountsPayableAudit #ComplianceMatters #FinancialRisk #ProcessImprovement #AuditServices #HealthcareSolutions #FinancialRecovery

Is your healthcare system leaving money on the table due to Sales & Use Tax compliance issues? A hospital sales and use tax audit is essential to uncovering overpaid taxes and maximizing your refunds. Find out why Sales & Use Tax is a vital aspect to any AP Recovery Audit, and how this audit can simplify state-specific tax laws, ensure all exemptions are claimed, and recover funds owed to your organization in this P2P Quick Facts. Discover how we can help your healthcare system navigate tax regulations, recover overpayments, and stay compliant with confidence. Get the full details on our website: https://lnkd.in/gQgzEaVS #SalesTaxAudit #HealthcareTax #TaxCompliance #PremierCostRecovery #HealthcareSystems

When your healthcare system faces complex sales and use tax requirements, ensuring compliance is critical to avoid costly overpayments. Learn how we recovered $552K in erroneously charged sales taxes, 64% of the total $857K recovered, for an urban healthcare system in this installment of Solve the P2P Puzzle with PCR. Our AI-driven accounts payable recovery audits for healthcare systems not only identify sales tax overpayments, but also provide a roadmap for maintaining compliance with state tax laws. We recover overpayments now and help you simplify sales tax management moving forward. #P2P #HealthcareTax #SalesAndUseTax #APRecovery #TaxCompliance #PremierCostRecovery

As we wrap up another successful year, the team at Premier Cost Recovery would like to extend our heartfelt gratitude to our clients and partners. Wishing you a season filled with joy, peace, and prosperity. Here's to continued success in the coming year! #HappyHolidays #Holidays #BusinessPartnerships #PremierCostRecovery

Over the past few years, we’ve observed a notable trend across our AP recovery audit clients, regardless of size. Among the usual culprits—duplicate payments, supplier returns, and pricing errors—discrepancies in pharmaceutical (pharma) procurement are surfacing more frequently, highlighting a growing area of financial risk. With healthcare spending projected to hit $𝟱.𝟯 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟮𝟱, managing pharmaceutical purchases has become a monumental challenge for hospital systems. Between inconsistent item pricing, returns, substitutions, and multiple departments placing orders, discrepancies can quietly eat away at your bottom line. Even with a trusted distributor, errors in invoicing or missed credits can result in 𝗺𝗶𝗹𝗹𝗶𝗼𝗻𝘀 𝗼𝗳 𝗱𝗼𝗹𝗹𝗮𝗿𝘀 𝗶𝗻 𝗹𝗼𝘀𝘁 𝗿𝗲𝘃𝗲𝗻𝘂𝗲. It's time to ask yourself: 𝗜𝘀 𝘆𝗼𝘂𝗿 𝗵𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲 𝘀𝘆𝘀𝘁𝗲𝗺 𝗴𝗶𝘃𝗶𝗻𝗴 𝗮𝘄𝗮𝘆 𝘁𝗵𝗲 𝗽𝗵𝗮𝗿𝗺? 📖 Read our latest blog post to learn more: https://lnkd.in/epAYrB5x 👉 Pro tip: Stay vigilant about your procurement processes and consider a periodic AP recovery audit to uncover hidden overpayments and credits. 💡 How does your organization handle the growing complexities of pharma procurement? #HealthcareFinance #APRecoveryAudit #PharmaProcurement #Healthcare

Welcome to the PCR team, Carly Fowler! Carly brings a strong analytical background and a diverse range of experiences, making her a valuable addition to the PCR team. In her role, Carly will focus on analyzing client data, identifying cost recovery opportunities, and solution development, ensuring impactful results. “I’m passionate about applying my analytical skills to find opportunities for our clients to streamline their processes and make progress on their financial goals,” says Carly. “Joining PCR is an exciting opportunity to contribute to a team dedicated to delivering value and fostering meaningful client relationships.” Carly has a bachelor's degree in Biomedical Sciences from Grand Valley State University. She has professional experience in healthcare, research, and retail, showing her adaptability and problem-solving skills across a wide range of fields. #employeespotlight #newhire #welcome #PremierCostRecovery #Healthcare #aprecoveryaudit #recoveryanalyst

Medical device warranty credits play a big role in healthcare accounts payable recovery audits, helping keep finances accurate and operations efficient. These credits are reimbursements or compensation from manufacturers for defective or malfunctioning devices covered under warranty. During the medical device warranty credits phase of an AP recovery audit, our analysts: ▪️ Review documentation for returned or explanted items, including reasons for return, dates, and invoices. ▪️ Analyze vendor reports to confirm quantities, delivery dates, and associated warranties or recalls. ▪️ Verify that returned items match what was supplied and align with warranty or recall details. ▪️ Reconcile discrepancies by working directly with vendors to process warranty credits and refunds properly. This process will help your healthcare system reduce financial losses, enhance compliance, and ensure patient care remains uncompromised. Have questions about medical device warranty credits or AP recovery audits? We're here to help! Drop your question below or reach out through our website: https://lnkd.in/gw5rF2aQ. #MedicalDeviceWarranty #Healthcare #APRecoveryAudit #AccountsPayable #PremierCostRecovery

This Thanksgiving, we’ve got a lot to be grateful for—our families, our awesome team and their loved ones, the healthcare systems we’re lucky to work with, and the dedicated healthcare professionals out there working hard for folks every single day, no matter the season. We’re thankful for all of you who make what we do possible and for the trust you put in us. Wishing everyone a holiday filled with good food, great company, some football, and a little downtime to recharge. Happy Thanksgiving from all of us at PCR! #Grateful #Thanksgiving #HealthcareHeroes #Healthcare #AccountsPayable #PCRFamily

🌟 It's always a good day when we get to meet our clients face-to-face! After four months of working together, we took advantage of an opportunity to connect with one of our newest clients to discuss future opportunities, including extending our accounts payable recovery audit services to their affiliate hospitals. Our unique, remote audit methodology is designed to minimize the impact on your team’s daily workflow while we handle the heavy lifting - most clients spend just 15 minutes per week reviewing our work during an audit. With over six years since their last AP recovery audit, Torrance Memorial values our streamlined, efficient approach and the peace of mind it brings. Curious about how our audit process can benefit your organization? Reach out to learn more! https://lnkd.in/gw5rF2aQ #clientvisit #aprecoveryaudit #healthcare #accountspayable