Use case: Finance
Savings you can defend.
Genesis validates every supply transaction against contract terms before payment and ties spend to the procedure, so finance sees realised savings, not projections, with an audit trail behind every figure.
Trusted by 400+ hospitals and healthcare organisations to protect patient-critical budgets across clinical supply.
Northside Hospital case study
<1%
Contract overpayments after implementation
Allegheny Health Network Supply Chain Transformation case study
$5.7M to <$250K
Reduction in price deviation leakage
Valleywise Health customer results
$67K to $250K
Increase in quarterly rebate capture
Northside Hospital case study
40%
Fall in supply chain expense as a percentage of revenue over seven years
The problem
Budgets leak one invoice line at a time
Supply is one of the largest costs a healthcare organisation carries, and one of the hardest to see clearly. Contract terms are negotiated carefully, then eroded by pricing errors, supplier overbilling, missed tier pricing and rebates nobody claimed.
When savings are reported, finance is asked to trust numbers built in spreadsheets by the people claiming them. That is not a methodology a board will accept for long.
Most of that leakage stays invisible to finance until a periodic audit, by which point it is expensive to recover. High-cost implants make it harder still: they are billed after the fact, often on paper, against contracts that are difficult to check line by line.
Northside chose to work with Genesis because its strategic sourcing approach gave us instant visibility into our supply purchasing and contract activity, and immediately identified areas where we could improve and save. It provides a roadmap to better data, greater standardization, and more unified purchasing across our facilities. Genesis provided a path to ongoing savings.
Carl Waller
Vice President, Supply Chain Management, Northside Hospital
Read the Northside Hospital story
A day in the life
A day in the life: closing the month in finance
Two versions of the same close. One team is working from extracts. One is working from Genesis.
Without Genesis
With Genesis
The variance report
08:30
Implant invoices
10:00
Rebates
12:30
Cost per case
15:00
The board pack
17:00
Northside chose to work with Genesis because its strategic sourcing approach gave us instant visibility into our supply purchasing and contract activity, and immediately identified areas where we could improve and save. It provides a roadmap to better data, greater standardization, and more unified purchasing across our facilities. Genesis provided a path to ongoing savings.
Carl Waller
Vice President, Supply Chain Management, Northside Hospital
Solutions
How Genesis closes the gap
Budget protection is not a quarterly audit. It is a set of controls that act on every transaction, and a record that proves what they delivered.
01
Validate every transaction before payment
Every PO and invoice is checked against contract, item master, receipt and rebate terms before payment. Overpayments are stopped rather than flagged after the fact, and earned rebates are captured automatically.
Explore Genesis Sourcing
01
Audit high-cost implant spend line by line
High-cost implant charges are audited in real time against contract tiers, construct pricing, waste allowances and off-contract rules, with discrepancies resolved with the supplier before payment.
Explore Genesis Savings
01
Connect supply use to patient-level costing
Usage is recorded at the point of care and classification codes are maintained continuously, so supply use flows accurately into patient-level costing and recharging.
Explore Genesis Data
01
Report realised savings with an audit trail
Realised savings, price variance, rebate capture and working capital release, all tied back to the same transactional data. No reconciliation between systems and no debate over whose number is right.
Explore Genesis Intelligence
Case study
Northside Hospital: a path to ongoing savings
Common questions, answered directly
Frequently Asked Questions
At the transaction level. Every recovery, contract correction and pricing adjustment is backed by auditable transaction data and a consistent methodology, so the figures stand up to executive and board review.
Most customers begin identifying measurable opportunities within the first several weeks. Results then build as more categories and sites come online.
No. Savings come from contract enforcement, construct pricing, waste reduction and accurate capture, not from supplier consolidation or limiting what surgeons can use.
Genesis works only for the healthcare provider. It does not hold economic relationships with manufacturers, and its team includes former medical device professionals who understand supplier pricing from the inside.
Yes. Genesis integrates in real time with your ERP, so savings and variance reporting run on the same transactions your finance team already books.
Yes. A free Savings Analysis or Data Analysis against your own data shows where leakage is occurring before any commitment is made.
Explore other use cases
See savings you can defend to your board.
Request a demo to see transaction-level contract validation, line-by-line implant audit and realised savings reporting, built on the same data your finance team already books.
