Unity Care Northwest will save $1M over three years on operating expenses after partnering with Expense Reduction Analysts.
Unity Care Northwest will save $1M over three years on operating expenses after partnering with ERA Group.
Unity Care North West (UCNW), a Federally Qualified Health Centre serving the Bellingham, Washington area, contacted ERA to explore opportunities to reduce costs and improve operating margins. ERA's specialists utilised a holistic approach to evaluate all non-labour-related expenses at the organisation – identifying ten areas for potential savings.
Savings were identified across insurance, dental supplies, janitorial services, IT hardware costs, office supplies, and medical supplies. The most significant savings were realised in employee health benefits costs.
Utilising the savings generated from the employee health benefits project, UCNW has significantly reduced employee contributions to their health plan. Leaders anticipate that utilising these savings will alleviate the employee burden, enhance employee retention, and support the recruitment of new employees within a competitive market.
"I cannot overstate the impact of our engagement with ERA. It has not only reduced the substantial financial burden borne by our employees and their families, but it has also bolstered Unity Care’s efforts to enhance employee recruitment and retention within a highly competitive labour market." [Jodi Joyce, CEO of Unity Care Northwest]
Breakdown of Results
$390,000
Annual savings
14.1%
Health insurance
4.4%
Dental supplies
6.4%
Janitorial services
