All Entries in the "Purchase Services" Category
Reining In Your Multimillion Dollar Purchase Services
I would like you to look around your healthcare organization and ask yourself “Who’s in charge of your purchase services?” I can assure you, if you are honest with yourself, the answer is – nobody! The reason for this circumstance is that this function, at most healthcare organizations, has been outsourced to your department heads and [...]
Outsourcing or Insourcing: What is the Right Answer?
In this new era of healthcare reform your healthcare organization will be deciding on what functions, services and systems to outsource so they can lean their operating expenses to the bone. What is the right answer to this mission critical outsourcing or insourcing decision? Well, it all depends on how you answer these four strategic [...]
Who’s in Charge of Your Hospital’s Purchase Services Contracts?
I would like you to look around your hospital and then ask yourself “Who’s in charge of your hospital’s purchase services?” I can assure you, if you are honest with yourself, that the answer is — at most hospitals nobody! The reason for this circumstance is that this function, at most hospitals, has been [...]
Mission Possible: Building Service Expertise
We're hearing a lot of buzz in the supply chain community that the next big challenge (next to utilization management) for supply chain professionals is the management and control of their purchase service contracts. While this is a commendable undertaking from our point of view, we have a word of caution for those taking this [...]
Three Proven Tips and Tricks to Lowering your Hospital’s Purchase Service Contract Cost
I’m hearing more and more chatter in hospital supply chain circles that purchase service contracts are becoming more of a priority to reduce hospital, system and IDNs’ operating expenses. While this is a good thing, I’m also hearing that many supply chain professionals don’t know where to get started when venturing into this new found [...]
Why Are Our Non-Labor Expenses Increasing?
I’ve heard a lot of talk lately about hospital non-labor expenses outpacing their labor cost and then at some time in the future actually passing them. I wasn’t sure these predictions were factual until I recently came across a study performed by Thomson Reuters that revealed that hospitals’ non-labor costs are NOW (not in the [...]
The Power of Value Analysis Analytics
There is a lot of confusion over the terms benchmarks vs. value analysis analytics. I would like to clarify these terms since while benchmarks are important they don’t tell the whole story, while value analysis analytics does. First off, benchmarks are a standard against something that can be measure and assessed. They can be used [...]
Podcast Number 28: Value Analysis Analytics: The New Science of Saving
Value Analysis Analytics is a new and different strategic approach that helps takes yours hospital expense reduction and value analysis efforts to a whole new level of savings beyond price. The concepts are sound and forward thinking but more importantly they are proven and tested over a 15 year period in development and use at [...]
Podcast Number 20: 11 Strategies to Save Big in 2008
11 Strategies to Save Big in 2008 is a replay of a No Cost Webinar from January 9, 2008. The Webinar really got some great feedback from our registered participants that we thought we would open this one up for everyone to listen to. Hopefully we can help you kick off 2008 with some [...]
