Gaining from Untapped Savings Opportunities for Purchased Services

Purchased services spend typically represents 15 to 20 percent of a hospital’s operating expenses, a figure that rivals the cost of medical-surgical supplies. For many providers, there are more than 300 unique purchased services categories that are often undermanaged. Vizient solutions, including web-based analytics, help providers uncover savings across facilities, calculate savings by category and negotiate more favorable contracts with suppliers. Read how Vizient helped two organizations achieve substantial results. Learn more about Vizient here or contact Jody Fleming at jfleming@ncha.org or 919-677-4130.

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North Carolina Healthcare Association

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