Many fertility centers have recognized that long-term, offsite storage is an essential part of a successful and thriving practice. They recognize the burdens that come with storing non-cycling specimens onsite. Failures in tank monitoring and maintenance, along with mix-ups within clinics, can bring negative exposure on a national level.
However, some clinics believe the risk is worth the revenue that storage fees provide. We would argue that proactive liability management is the safest, most cost-effective strategy.
The best storage solution is a partnership with ReproTech. The leader in safe, long-term cryostorage with over 30 years of experience.
Our Auto Transfer Management (ATM) program is the storage solution that minimizes risk for fertility clinics and provides expert storage for your patients. Simply put, once a patient is no longer cycling or has completed specimen freezing service, those embryos, eggs, or sperm are automatically sent to ReproTech for ongoing storage. When patients are ready to use their specimens we ship them back to you in free group shipments. Everything is coordinated with our experienced staff who work with fertility clinic staff on a daily basis and who also understand the fertility journey of your patients.
Every physician and practice manager knows that stored specimens are a dilemma when it’s time to sell. In fact, the more embryos, and the older the specimens, the larger the liability. This can run into tens of thousands of dollars off a sale price.
So if you’re thinking about retirement or selling… it’s never too early to transfer specimens to long-term storage. In fact, the sooner the better. If your specimens have been managed well – it may cost you nothing to move your specimens. However, if your previous patient records aren’t current, there will be a fee for us to assume those accounts. Time is of the essence, because the greater the amount of old and abandoned accounts you have, the greater liability – which in turn will affect your bottom line.
With Auto Transfer Management in place, we handle shipping and all the fees. Once a patient’s specimens are sent to us, we become responsible for billing, collections, and handling the final disposition of the specimens. Your staff will save valuable time and can focus on providing patients with the best possible care.
Often when clinics close they have to find offsite continuing storage for specimens. In this situation, we review all patient accounts and calculate the fees ReproTech will charge to assume the liability of the clinic’s cryostorage accounts. These fees are dependent on how well accounts have been managed and tracked, as well as the number of abandoned specimens in the mix.