How Our Facility Guarantee Creates Better Financial Outcomes for Hospitals and ASCs

How Our Facility Guarantee Creates Better Financial Outcomes for Hospitals and ASCs

Marvel Group is a true innovator in the spine surgery industry, and we are constantly seeking hospitals and ASCs to partner with us, in our ground-breaking Facility Guarantee, which creates much better financial outcomes for those facilities, while simultaneously lowering the cost of healthcare. Here are some of the ways that this Facility Guarantee can provide a major boost to incoming revenue for healthcare facilities, and offers advantages to everyone involved – doctor, patient, and insurer.

The Facility Guarantee 

Some of the ways our Facility Guarantee benefits hospitals and ASCs:

  • It provides a level of cost certainty with the instrumentation or devices for any specific surgery. If any of our partner hospitals or ASCs use a Marvel device, and something goes wrong with the surgery, we will reimburse your facility for up to 49 percent of the price of that device (to a maximum of $21,000), and the patient may be reimbursed up to $5,000.
  • If your facility has surgeons who are part of our program, they generally tend to have lower revision rates compared to the national average, and this distinguishes the surgeon to the facility and the facility to the patient.
  • Better financial outcomes can be achieved by the facilities.  If the facility so chooses, they can market the “guarantee” of our products, thereby deriving benefit for the facility.
  • The Facility Guarantee develops trust and confidence between the patient, the surgeon, and the facility. All of this creates a bond of loyalty that will encourage repeat business for your facility and may also contribute to word-of-mouth advertising that increases visibility for your facility.

We support our partners

Another way that we help our hospital and ASC partners is by supplying them with all the most innovative and cutting-edge devices used in spine surgeries, and these are manufactured by elite, highly technological instrument-makers. For facilities that make use of these devices, we provide practice-building support, giving these facilities a number of added benefits that mitigate risk and at the same time, integrate that new technology.

As another aspect of our Facility Guarantee, we will price-match biologics and hardware with some of the biggest manufacturers and providers in the industry, because we are totally confident in our own hardware and biologics. When patients need any kind of revision surgery within 365 days of the original surgery, Marvel Group will reimburse the facility for up to 49% of the implant price. All these are ways that our Facility Guarantee can lower your hospital’s costs and create more favorable outcomes for your facility.

Partner with Marvel Group 

If you are interested in learning more about the many advantages offered to hospitals and ASCs that choose to partner with Marvel Group, we invite you to contact us today to find out more.

How Our Facility Guarantee Creates Better Financial Outcomes for Hospitals and ASCs
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