Second opinions are invaluable, whether in healthcare or business. The same holds true in cost containment efforts and in Lease Audits. Statistics show that nearly 90% of patients who seek a second opinion experience some form of adjustment, highlighting how often initial assessments overlook critical details or make errors. 85% of our clients have previously worked with other internal teams or third-party firms, yet during our Subsequent Review Program (SRP), we consistently uncover significant additional savings. This highlights the value of a fresh perspective in identifying new opportunities and preventing costly oversights.
In Healthcare, this could mean a life-changing diagnosis or a better treatment plan. In Lease Audit this means uncovering missed opportunities for savings that were overlooked in the first review. Information is knowledge which may translate into leverage to achieve your goals. The practice of seeking second opinions creates both a layer of due diligence that adds value and can also protect individuals or organizations from potentially devastating errors.
CTS only earns a fee when a client realizes a benefit, which makes our SRP, a self-funding compliance program. It’s a win-win, particularly in 2025 where businesses will be looking to optimize expenses and streamline operations. By uncovering hidden errors or overlooked opportunities, we provide a risk-free way for our clients to ensure they’re not leaving money on the table — something that can be crucial in a cost-conscious environment. CTS provides a best practice risk management tool with no upfront budgeting concerns.
CTS seamlessly accesses the following systems, making a smooth transition/extension for our SRP:
Accruent
BIG
BOX
Coupa
CoStar
Harborflex
Lease Harbor
Lucernex
ManagePath
MariaDB
MySQL
OVLA
ProLease
REMaap
Sequentra
SharePoint
Siterra
Smartcloud
SSO
TriRega
Visual Lease (acquired by CoStar October 2024)
Virtual Premise
and others … yielding a successful value-add to your bottom line.
Ultimately, a second opinion is not just about confirming what was initially found but about ensuring thoroughness and uncovering potential areas for improvement or correction. That’s something any organization can benefit from. Contact us today to discuss our Subsequent Review Program – Taylor Sauce – TSauce@CTSAudits.com.
*Journal of Yale Medicine – While it can depend on the problem and situation, multiple studies make a case for getting additional medical opinions. In 2017, a study showed that 21% of patients who sought a second opinion at the Mayo Clinic left with a completely new diagnosis, and 66% were deemed partly correct, but refined or redefined by the second doctor. “Often, diagnoses can be complicated or difficult to make, and there may be many alternative treatment strategies,” Dr. Chagpar says. “Some treatments—particularly clinical trials—may not be offered at every center. So, while patients may find that two centers offer the same diagnosis and treatment, this is not always the case.”