Unity Care Northwest will save $1M over three years on operating expenses after partnering with Expense Reduction Analysts.
Unity Care North West (UCNW), a Federally Qualified Health Center serving the Bellingham, Washington area, contacted ERA to explore opportunities to reduce costs and improve operating margins. ERA’s specialists utilized a holistic approach to evaluate all non-labor-related expenses at the organization – identifying ten areas for potential savings.
Savings were found across insurance, dental supplies, janitorial services, IT hardware costs, office supplies, and medical supplies. The largest savings were found in employee health benefits costs.
Utilizing the savings generated from the employee health benefits project, UCNW has dramatically reduced employee contributions to their health plan. Leaders hope utilizing the savings in this way will reduce the employee burden, improve employee retention, and assist with recruiting new employees in a competitive market.
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Our case study examines how Washington-area FQHC partnered with ERA to reduce its expenses across 10 cost areas.
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"I cannot overstate the impact of our engagement with ERA. It has not only reduced the heavy financial burden carried by our employees and their families, but it has also boosted Unity Care’s efforts to improve employee recruitment and retention in a highly competitive labor market."