How long does an assessment take?

A high level assessment of the discount rate takes 48 hours. A more comprehensive assessment detailing the discount rate at the unit level takes 72 hours.

How involved are Physicians?

The LIBERTAS process does not require the physician to negotiate with or be actively involved in lowering prices. The physician’s role is to confirm product choice, and support an “all play” vendor model. The facility will engage the vendors and lower pricing. It is up to the vendor to serve his/her physician; it is not the physician’s responsibility to ensure that the vendor participates in fair pricing.

What data do you need for an assessment?

A high-level assessment only requires hospital bed size, number of implanting physicians, and geographic location. A more comprehensive assessment detailing the discount rate at the unit level does not require confidential or proprietary pricing data; the assessment only requires three simple data points: product, spend (not price), and volume.

How long does it take to realize any savings?

Our patented process guarantees standardized agreements and uniform discounts in only 8 weeks known as the “SPRINT”.

Are you HIPAA Certified?

Yes, we are HIPAA certified. Additionally, our model minimizes the collection of protected health information

How does LIBERTAS’s proprietary process address long-standing relationships between physicians & favored vendor reps?

Physicians and vendor reps are concerned about unfair advantages. The LIBERTAS process treats everyone fairly. No one is disadvantaged, which means the process does not interfere with these longstanding relationships. The vendor rep relationships stay intact and choice is paramount.

What happens if the physicians are already aligned, and the organization is already achieving savings?

Strong physician relations and good pricing are commonly referred to as “alignment.” This alignment typically achieves savings evidenced through a static contract usually lasting 24 months before the contract is renegotiated. Those agreements usually include performance requirements. The LIBERTAS Model takes “alignment” and converts it into “active engagement” by empowering physicians and/or materials management to drive additional double digit price reductions through vendor interaction. Now, the contract is neither static nor compliance-driven. Instead, it is dynamic with reductions achieved through competitive pricing. Now physicians can use choice to improve overall performance and pricing.

Why should we use LIBERTAS when we already have the best pricing based upon various comparisons to pricing registries?

The pricing registries contain anonymously reported data of contract pricing, not rebate pricing. As a result, these pricing registries compare high pricing to high pricing so any entity ranking in the 90th percentile is really performing at the 50th percentile. LIBERTAS has developed a proprietary pricing database over the last 60 months comprised of manufacturing comparative pricing, which does not exist in the industry. This database was constructed 1) costs coupled with 2) the geographic packaged pricing models. This database is confirmed against non-US pricing. This proprietary pricing database allows LIBERTAS to achieve true best in class pricing.

Who meets with the physician to tell them that prices are about to be lowered?

Our panel of physicians meet with the implanting physicians to explain the model and address any concerns, including vendor participation, clinical research and product access. Implanting physicians fully embrace the model, which creates alignment between Supply Chain and Physicians.