Operational Financial Recoveries S/T Health Group pioneered the practice of contract price integrity verification in 1998, helping hospitals recover previously hidden costs in the pharmaceutical supply chain.  Today, our business reflects the ever-growing complexity of cost containment and internal controls, with an emphasis on consultative services that provide big-picture solutions to procurement and management issues. Our extensive staff background of tenured auditors gives S/T Health Group a unique perspective on corporate challenges.  Our mandate is to identify and recover lost profits.  During the course of the Accounts Payable Audit our auditors will detect any leakage in the internal control system that caused payment errors.  The result is a proven and valuable service for hospitals and healthcare systems across the U.S., with millions of dollars recovered. These lost profits can only be detected by a periodic post audit of the AP and other financial records. Increasingly, the need for this post audit function is ignored due to time limitations, lack of resources and short-term management. This is where S/T Health Group comes into the picture.  We provide the expertise and knowledge to search and recover lost profits that have passed through the AP security net.  Since we operate on a contingency basis, there are no additional costs to our clients. BENEFITS: No upfront investment with fees being based on a contingency Unique and proprietary data mining software called Profit Source is designed to maximize profit recovery and restoration, Profit Source facilitates high level investigation by promoting analysis of data according to multiple ”what if “ scenarios,  It utilizes a unique “reverse engineered” audit process which identifies the root cause of leakage.  Provide assessment and go-forward strategies for cost containment and recommendations for best practices supporting business process improvement A comprehensive, independent and multi-dimensional financial analysis of operations designed to recover lost profits without disruption to your daily operations Allows management to concentrate on other tasks with confidence that profit restoration activities are professionally handled. This service provides direct and immediate bottom-line improvement by recovering hidden costs that would otherwise go undiscovered.  Since recovered funds stem from prior year transactions, the funds are recognized as pure profit in the current period.