Medical Waste Invoices: The Good, the Bad, and the Ugly
Investing time in monitoring your invoices can yield savings - a lot of savings.
In this article, you’ll learn how to see the hidden problems on your medical waste invoices. This can be daunting, but you can use this information to your advantage: these problems actually point to savings opportunities!
Medical Waste Invoice Line Items
Your medical waste invoices should be itemized so you can see exactly what you’re paying for. Invoices that list one lump sum obscure your rates.
Take a look at the invoice below - it has the fuel, energy, and disposal fees listed. It also includes a late fee.
Take a look at the invoice below - it has the fuel, energy, and disposal fees listed. It also includes a late fee.
One of the first things we review for our new clients is their medical waste invoice history. Itemized invoices make it easy to see when your rates increase and which fees increase. Maybe your fuel fees stay static, but the energy charge goes through the roof. Or maybe your late fees suddenly start increasing.
If you don’t have an itemized invoice, you won’t know what fees have changed and which remain the same. This becomes critical for our clients because the medical disposal service contracts we negotiate always contain language that eliminates or caps these fees at a certain rate. If we can’t see the fees, we don’t know if the hauler is charging according to the specifications in the contract.
We make sure that our clients’ invoices are transparent and that their contracts protect their interests - and their bottom line! Are you a good candidate for a waste audit - and invoice monitoring?
How Invoices Help Us Hold Waste Vendors Accountable
Invoices can give us a baseline for price expectations and point to contract gaps.
Base service rates: Your invoices will show your rate for your services - but it won’t show how much those rates have increased in the past six months. To find that, we look at your contract and your invoices history. The rate specified in your contract shows what you should pay each month for your services. But what’s not in your contract actually tells us more than what is. If you don’t have language prohibiting price spikes, we know you’re almost always going to get them. If you don’t have terms capping rate increases over the term of your contract, your base rates are going to rise. We quickly remedy these gaps in coverage for our clients when they sign up for a waste audit!
Most vendors will increase rates at least once a year, which means that over the term of your contract your rates can increases more than 100%! Is your contract protecting you from these?
Billing discrepancies: We review every one of our clients waste invoices for every location in their portfolio. So if the disposal fee jumps a few hundred dollars, we’ll see it and get the necessary billing credits on your behalf. We find invoice errors occur 10% of the time - are you and your staff catching them?
When you sign up for a free medical audit, you’re putting our industry expertise to work for you. We find where you’re being overcharged, and we find the solutions that are right for you, your locations, and your industry.
Medical waste invoices can show where you’re overspending
Invoices can give us a baseline for price expectations and point to contract gaps.
Benchline red bag disposal pricing: These fees give us an idea of what you should pay each month for each of these categories. If the disposal fee jumps a few hundred dollars, you’ll know that’s abnormal - if we’re paying attention to the monthly invoices.
And if you’re familiar with your invoices, you’ll know when errors happen. (We estimate that invoice errors occur 10% of the time - and can sometimes be incredibly costly.)
Waste contract gaps: If you notice that you’re consistently getting price hikes, or that your fuel charges suspiciously increase every few months, you need to take a good look at your contract.
Another way to prevent price hikes? Make sure your contract is airtight; make sure it does not allow disposal companies to increase their hikes over a certain percentage.
This is part of the reason offer monthly invoice monitoring. Medical disposal companies are notorious for randomly jacking up their disposal fees - just like waste disposal companies!
Do these vendors charge for their services? Absolutely. They provide a vital service, and there are a lot of valid services that are legitimately billable. But that doesn’t mean you should be overcharged.
Safety and savings are not mutually exclusive when it comes to medical waste disposal.
What do your invoices show you?
Take some time to go over the last six months of your invoices and ask these questions:
Are my disposal fees steady? Or is there a rate increase?
Are there charges I can’t explain?
Do my prices reflect market costs?
Familiarizing yourself with your invoices can tremendously impact your bottom line.
Short on time? You’re probably a great candidate for a professional medical waste audit.
Our professional, exhaustive audits will find every savings opportunity available to you - and they’re guaranteed cash-flow positive!
What questions do you have about medical waste disposal management? Sound off in the comments below!
Top Three Ways Multifamily Properties Can Save
How much could you save if you did these three things? Hundreds? Thousands?
The waste disposal at multi-family properties can be mind-numbingly complicated. There are so many locations - and often just as many haulers.
So we’ve compiled the top three ways that multifamily properties can save.
This is no simple list. These are actionable steps that we’ve taken at hundreds of properties nationwide. These three things have saved companies hundreds of thousands of dollars. So we know they work - and that they’ll work for you.
Here are the top three ways you can save are:
Get an airtight waste contract
Review your valet services
Do a utility audit
I can’t overstate how critical all three of these are to your bottom line. We typically save 20-40% on waste disposal expenses - when you add in utility audits, those savings can double.
We don’t want you to leave any savings opportunities on the table! Let’s take a deep dive into each of these ways to save.
Get an airtight waste contract
When it comes to your waste expenses, an airtight waste contract is the very best way to prevent overspending - and waste issues!
A good waste contract will:
Prevent price spikes
Have great service provisions
Prevent fee charges
Is easy to cancel
Has appropriate service levels
When you contract has these provisions, you’ll have recourse. When you find a price spike, you can successfully fight it - and get a credit. When your hauler starts charging ancillary fees, you can likewise get a credit. And if the quality of their service levels start dipping, you can keep them in line. (A bad contract can be such an expensive mistake!)
Your contract represents an enormous savings opportunity. Don’t overlook yours.
Review your valet waste services
Valet services are an often overlooked way to save. When we complete a waste audit for multi-family clients, we always look at the valet services.
Valet services is a fancy term for door-to-door trash pick-up. Valet service will pick up garbage bags outside the residents door and dispose of it for them. It’s a fantastic benefit to offer residents because, let’s face it, no one loves taking the trash out. But valet services are often overpriced!
Let me give you an example.
We recently worked with a multifamily developer/manager who offered valet services at their properties. The WCI Project Manager noticed that the price per unit seemed to be awfully high. We were able to introduce a new vendor who was able to save them $28,800/year at just 3 properties!
Make sure you’re not being overcharged for your valet waste services. They can be a huge profit center for valet companies - but you don’t have to fall victim to them.
Examine your contract, and get a feel for market rates. Reach out to other area multi-family residences and ask what they pay for valet services. This will give you a really good idea about whether your services are overcharging you.
(Or, reach out to us for a completely free waste audit! They make savings simple - and they’re guaranteed cash-flow positive.)
Complete a Utility Audit
As successful as most utility audits are, it’s surprising how few companies know about them!
Consider the odds of winning the lottery - typically, there’s a one in a million chance. But if you know that your odds were better, wouldn’t you go buy one? What if your odds were 80% or higher?
This is exactly the opportunity a utility audit offers you. We find savings on utilities 80% of the time - and if we don’t find anything, you’re not charged a dime. I like to tell people that our audits minimize your resources and maximize your savings potential.
How exactly? Our audits work: we typically find savings through tax exemptions, rate adjustments, and eliminating unused meters.
A utility audit is the best way to know that you’re taking advantage of every savings opportunity available to you.
Stop overspending today!
We typically find that multifamily property managers have problems they don’t even know about. These problems typically cost thousands of dollars every year. And most of them are completely avoidable.
Make sure your waste contract is airtight. Ensure it eliminates or regulated price spikes!
Make sure you’re getting fair pricing for valet services. This is a huge savings bucket that companies typically ignore.
Make sure your utilities are under control! So many companies nationwide overspend. And they don’t have to.
Our risk free waste and utilities audits are tailored to your industry and your time constraints.
Why not reach out today? We’d love to show you your unseen savings opportunities - and how you can start taking advantage of them!
Have you ever heard of a waste or utility audit? What other questions do you have about them? Let me know in the comments below!
Top Three Ways Multifamily Properties Can Save
How much could you save if you did these three things? Hundreds? Thousands?
The waste disposal at multi-family properties can be mind-numbingly complicated. There are so many locations - and often just as many haulers.
So we’ve compiled the top three ways that multifamily properties can save.
This is no simple list. These are actionable steps that we’ve taken at hundreds of properties nationwide. These three things have saved companies hundreds of thousands of dollars. So we know they work - and that they’ll work for you.
Here are the top three ways you can save are:
Get an airtight waste contract
Review your valet services
Do a utility audit
I can’t overstate how critical all three of these are to your bottom line. We typically save 20-40% on waste disposal expenses - when you add in utility audits, those savings can double.
We don’t want you to leave any savings opportunities on the table! Let’s take a deep dive into each of these ways to save.
Get an airtight waste contract
When it comes to your waste expenses, an airtight waste contract is the very best way to prevent overspending - and waste issues!
A good waste contract will:
Prevent price spikes
Have great service provisions
Prevent fee charges
Is easy to cancel
Has appropriate service levels
When you contract has these provisions, you’ll have recourse. When you find a price spike, you can successfully fight it - and get a credit. When your hauler starts charging ancillary fees, you can likewise get a credit. And if the quality of their service levels start dipping, you can keep them in line. (A bad contract can be such an expensive mistake!)
Your contract represents an enormous savings opportunity. Don’t overlook yours.
Review your valet waste services
Valet services are an often overlooked way to save. When we complete a waste audit for multi-family clients, we always look at the valet services.
Valet services is a fancy term for door-to-door trash pick-up. Valet service will pick up garbage bags outside the residents door and dispose of it for them. It’s a fantastic benefit to offer residents because, let’s face it, no one loves taking the trash out. But valet services are often overpriced!
Let me give you an example.
We recently worked with a multifamily developer/manager who offered valet services at their properties. The WCI Project Manager noticed that the price per unit seemed to be awfully high. We were able to introduce a new vendor who was able to save them $28,800/year at just 3 properties!
Make sure you’re not being overcharged for your valet waste services. They can be a huge profit center for valet companies - but you don’t have to fall victim to them.
Examine your contract, and get a feel for market rates. Reach out to other area multi-family residences and ask what they pay for valet services. This will give you a really good idea about whether your services are overcharging you.
(Or, reach out to us for a completely free waste audit! They make savings simple - and they’re guaranteed cash-flow positive.)
Complete a Utility Audit
As successful as most utility audits are, it’s surprising how few companies know about them!
Consider the odds of winning the lottery - typically, there’s a one in a million chance. But if you know that your odds were better, wouldn’t you go buy one? What if your odds were 80% or higher?
This is exactly the opportunity a utility audit offers you. We find savings on utilities 80% of the time - and if we don’t find anything, you’re not charged a dime. I like to tell people that our audits minimize your resources and maximize your savings potential.
How exactly? Our audits work: we typically find savings through tax exemptions, rate adjustments, and eliminating unused meters.
A utility audit is the best way to know that you’re taking advantage of every savings opportunity available to you.
Stop overspending today!
We typically find that multifamily property managers have problems they don’t even know about. These problems typically cost thousands of dollars every year. And most of them are completely avoidable.
Make sure your waste contract is airtight. Ensure it eliminates or regulated price spikes!
Make sure you’re getting fair pricing for valet services. This is a huge savings bucket that companies typically ignore.
Make sure your utilities are under control! So many companies nationwide overspend. And they don’t have to.
Our risk free waste and utilities audits are tailored to your industry and your time constraints.
Why not reach out today? We’d love to show you your unseen savings opportunities - and how you can start taking advantage of them!
Have you ever heard of a waste or utility audit? What other questions do you have about them? Let me know in the comments below!
Top Three Ways Multifamily Properties Can Save
How much could you save if you did these three things? Hundreds? Thousands?
The waste disposal at multi-family properties can be mind-numbingly complicated. There are so many locations - and often just as many haulers.
So we’ve compiled the top three ways that multifamily properties can save.
This is no simple list. These are actionable steps that we’ve taken at hundreds of properties nationwide. These three things have saved companies hundreds of thousands of dollars. So we know they work - and that they’ll work for you.
Here are the top three ways you can save are:
Get an airtight waste contract
Review your valet services
Do a utility audit
I can’t overstate how critical all three of these are to your bottom line. We typically save 20-40% on waste disposal expenses - when you add in utility audits, those savings can double.
We don’t want you to leave any savings opportunities on the table! Let’s take a deep dive into each of these ways to save.
Get an airtight waste contract
When it comes to your waste expenses, an airtight waste contract is the very best way to prevent overspending - and waste issues!
A good waste contract will:
Prevent price spikes
Have great service provisions
Prevent fee charges
Is easy to cancel
Has appropriate service levels
When you contract has these provisions, you’ll have recourse. When you find a price spike, you can successfully fight it - and get a credit. When your hauler starts charging ancillary fees, you can likewise get a credit. And if the quality of their service levels start dipping, you can keep them in line. (A bad contract can be such an expensive mistake!)
Your contract represents an enormous savings opportunity. Don’t overlook yours.
Review your valet waste services
Valet services are an often overlooked way to save. When we complete a waste audit for multi-family clients, we always look at the valet services.
Valet services is a fancy term for door-to-door trash pick-up. Valet service will pick up garbage bags outside the residents door and dispose of it for them. It’s a fantastic benefit to offer residents because, let’s face it, no one loves taking the trash out. But valet services are often overpriced!
Let me give you an example.
We recently worked with a multifamily developer/manager who offered valet services at their properties. The WCI Project Manager noticed that the price per unit seemed to be awfully high. We were able to introduce a new vendor who was able to save them $28,800/year at just 3 properties!
Make sure you’re not being overcharged for your valet waste services. They can be a huge profit center for valet companies - but you don’t have to fall victim to them.
Examine your contract, and get a feel for market rates. Reach out to other area multi-family residences and ask what they pay for valet services. This will give you a really good idea about whether your services are overcharging you.
(Or, reach out to us for a completely free waste audit! They make savings simple - and they’re guaranteed cash-flow positive.)
Complete a Utility Audit
As successful as most utility audits are, it’s surprising how few companies know about them!
Consider the odds of winning the lottery - typically, there’s a one in a million chance. But if you know that your odds were better, wouldn’t you go buy one? What if your odds were 80% or higher?
This is exactly the opportunity a utility audit offers you. We find savings on utilities 80% of the time - and if we don’t find anything, you’re not charged a dime. I like to tell people that our audits minimize your resources and maximize your savings potential.
How exactly? Our audits work: we typically find savings through tax exemptions, rate adjustments, and eliminating unused meters.
A utility audit is the best way to know that you’re taking advantage of every savings opportunity available to you.
Stop overspending today!
We typically find that multifamily property managers have problems they don’t even know about. These problems typically cost thousands of dollars every year. And most of them are completely avoidable.
Make sure your waste contract is airtight. Ensure it eliminates or regulated price spikes!
Make sure you’re getting fair pricing for valet services. This is a huge savings bucket that companies typically ignore.
Make sure your utilities are under control! So many companies nationwide overspend. And they don’t have to.
Our risk free waste and utilities audits are tailored to your industry and your time constraints.
Why not reach out today? We’d love to show you your unseen savings opportunities - and how you can start taking advantage of them!
Have you ever heard of a waste or utility audit? What other questions do you have about them? Let me know in the comments below!
Top Three Ways Multifamily Properties Can Save
How much could you save if you did these three things? Hundreds? Thousands?
The waste disposal at multi-family properties can be mind-numbingly complicated. There are so many locations - and often just as many haulers.
So we’ve compiled the top three ways that multifamily properties can save.
This is no simple list. These are actionable steps that we’ve taken at hundreds of properties nationwide. These three things have saved companies hundreds of thousands of dollars. So we know they work - and that they’ll work for you.
Here are the top three ways you can save are:
Get an airtight waste contract
Review your valet services
Do a utility audit
I can’t overstate how critical all three of these are to your bottom line. We typically save 20-40% on waste disposal expenses - when you add in utility audits, those savings can double.
We don’t want you to leave any savings opportunities on the table! Let’s take a deep dive into each of these ways to save.
Get an airtight waste contract
When it comes to your waste expenses, an airtight waste contract is the very best way to prevent overspending - and waste issues!
A good waste contract will:
Prevent price spikes
Have great service provisions
Prevent fee charges
Is easy to cancel
Has appropriate service levels
When you contract has these provisions, you’ll have recourse. When you find a price spike, you can successfully fight it - and get a credit. When your hauler starts charging ancillary fees, you can likewise get a credit. And if the quality of their service levels start dipping, you can keep them in line. (A bad contract can be such an expensive mistake!)
Your contract represents an enormous savings opportunity. Don’t overlook yours.
Review your valet waste services
Valet services are an often overlooked way to save. When we complete a waste audit for multi-family clients, we always look at the valet services.
Valet services is a fancy term for door-to-door trash pick-up. Valet service will pick up garbage bags outside the residents door and dispose of it for them. It’s a fantastic benefit to offer residents because, let’s face it, no one loves taking the trash out. But valet services are often overpriced!
Let me give you an example.
We recently worked with a multifamily developer/manager who offered valet services at their properties. The WCI Project Manager noticed that the price per unit seemed to be awfully high. We were able to introduce a new vendor who was able to save them $28,800/year at just 3 properties!
Make sure you’re not being overcharged for your valet waste services. They can be a huge profit center for valet companies - but you don’t have to fall victim to them.
Examine your contract, and get a feel for market rates. Reach out to other area multi-family residences and ask what they pay for valet services. This will give you a really good idea about whether your services are overcharging you.
(Or, reach out to us for a completely free waste audit! They make savings simple - and they’re guaranteed cash-flow positive.)
Complete a Utility Audit
As successful as most utility audits are, it’s surprising how few companies know about them!
Consider the odds of winning the lottery - typically, there’s a one in a million chance. But if you know that your odds were better, wouldn’t you go buy one? What if your odds were 80% or higher?
This is exactly the opportunity a utility audit offers you. We find savings on utilities 80% of the time - and if we don’t find anything, you’re not charged a dime. I like to tell people that our audits minimize your resources and maximize your savings potential.
How exactly? Our audits work: we typically find savings through tax exemptions, rate adjustments, and eliminating unused meters.
A utility audit is the best way to know that you’re taking advantage of every savings opportunity available to you.
Stop overspending today!
We typically find that multifamily property managers have problems they don’t even know about. These problems typically cost thousands of dollars every year. And most of them are completely avoidable.
Make sure your waste contract is airtight. Ensure it eliminates or regulated price spikes!
Make sure you’re getting fair pricing for valet services. This is a huge savings bucket that companies typically ignore.
Make sure your utilities are under control! So many companies nationwide overspend. And they don’t have to.
Our risk free waste and utilities audits are tailored to your industry and your time constraints.
Why not reach out today? We’d love to show you your unseen savings opportunities - and how you can start taking advantage of them!
Have you ever heard of a waste or utility audit? What other questions do you have about them? Let me know in the comments below!
Medical Waste Invoices: The Good, the Bad, and the Ugly
Investing time in monitoring your invoices can yield savings - a lot of savings.
In this section, you’ll learn how to see the hidden problems on your medical waste invoices. This can be daunting, but you can use this information to your advantage: these problems actually point to savings opportunities!
Medical Waste Invoice Line Items
Your medical waste invoices should be itemized so you can see exactly what you’re paying for. Invoices that list one lump sum obscure your rates.
Take a look at the invoice below - it has the fuel, energy, and disposal fees listed. It also includes a late fee.
Take a look at the invoice below - it has the fuel, energy, and disposal fees listed. It also includes a late fee.
One of the first things we review for our new clients is their medical waste invoice history. Itemized invoices make it easy to see when your rates increase and which fees increase. Maybe your fuel fees stay static, but the energy charge goes through the roof. Or maybe your late fees suddenly start increasing.
If you don’t have an itemized invoice, you won’t know what fees have changed and which remain the same. This becomes critical for our clients because the medical disposal service contracts we negotiate always contain language that eliminates or caps these fees at a certain rate. If we can’t see the fees, we don’t know if the hauler is charging according to the specifications in the contract.
We make sure that our clients’ invoices are transparent and that their contracts protect their interests - and their bottom line! Are you a good candidate for a waste audit - and invoice monitoring?
How Invoices Help Us Hold Waste Vendors Accountable
Invoices can give us a baseline for price expectations and point to contract gaps.
Base service rates: Your invoices will show your rate for your services - but it won’t show how much those rates have increased in the past six months. To find that, we look at your contract and your invoices history. The rate specified in your contract shows what you should pay each month for your services. But what’s not in your contract actually tells us more than what is. If you don’t have language prohibiting price spikes, we know you’re almost always going to get them. If you don’t have terms capping rate increases over the term of your contract, your base rates are going to rise. We quickly remedy these gaps in coverage for our clients when they sign up for a waste audit!
Most vendors will increase rates at least once a year, which means that over the term of your contract your rates can increases more than 100%! Is your contract protecting you from these?
Billing discrepancies: We review every one of our clients waste invoices for every location in their portfolio. So if the disposal fee jumps a few hundred dollars, we’ll see it and get the necessary billing credits on your behalf. We find invoice errors occur 10% of the time - are you and your staff catching them?
When you sign up for a free medical audit, you’re putting our industry expertise to work for you. We find where you’re being overcharged, and we find the solutions that are right for you, your locations, and your industry.
Medical waste invoices can show where you’re overspending
Invoices can give us a baseline for price expectations and point to contract gaps.
Benchline red bag disposal pricing: These fees give us an idea of what you should pay each month for each of these categories. If the disposal fee jumps a few hundred dollars, you’ll know that’s abnormal - if we’re paying attention to the monthly invoices.
And if you’re familiar with your invoices, you’ll know when errors happen. (We estimate that invoice errors occur 10% of the time - and can sometimes be incredibly costly.)
Waste contract gaps: If you notice that you’re consistently getting price hikes, or that your fuel charges suspiciously increase every few months, you need to take a good look at your contract.
Another way to prevent price hikes? Make sure your contract is airtight; make sure it does not allow disposal companies to increase their hikes over a certain percentage.
This is part of the reason offer monthly invoice monitoring. Medical disposal companies are notorious for randomly jacking up their disposal fees - just like waste disposal companies!
Do these vendors charge for their services? Absolutely. They provide a vital service, and there are a lot of valid services that are legitimately billable. But that doesn’t mean you should be overcharged.
Safety and savings are not mutually exclusive when it comes to medical waste disposal.
What do your invoices show you?
Take some time to go over the last six months of your invoices and ask these questions:
Are my disposal fees steady? Or is there a rate increase?
Are there charges I can’t explain?
Do my prices reflect market costs?
Familiarizing yourself with your invoices can tremendously impact your bottom line.
Short on time? You’re probably a great candidate for a professional medical waste audit.
Our professional, exhaustive audits will find every savings opportunity available to you - and they’re guaranteed cash-flow positive!