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Choosing the Right Strategic Sourcing Model – Session Three

Speakers: Michael Neely, FAHRMM, CMRP, CPM, President, Perimeter Solutions Group and Ed Hisscock, President, Optime’s Supply Chain, Inc.

Overview: Healthcare supply chain professionals are faced with many challenges as they strive to improve operations and find innovative ways to lower expenses within their facilities. A primary area of unfilled potential continues to be addressing the rising cost of physician preference items. There are multiple models and paths available for supply chain managers to choose from to implement an effective physician preference cost reduction program. This webinar will focus on explaining the methodology of different types of pricing models available; Capitated-Line item or Construct, Negotiated and Line item discount. We will discuss the strengths and weaknesses of each model and help you choose which model will work best for your facility.

Costs: $119 per CD-Rom - AHRMM Members; $139 per CD-Rom - Non-members

This program was recorded June 10, 2010.

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Biographies

Mike Neely is the President of Perimeter Solutions Group, a supply chain consulting company focused on improving the quality of healthcare by raising the performance of the traditional materials management department. Their business model is based on finding savings in non-labor expense reduction and operational improvements that provide clients a guaranteed return on their investment.

Mike has 25+ years in healthcare supply chain management encompassing a variety of positions and facilities. He was previously Vice President of The McFaul & Lyons Group, Director Supply Chain at Johnson & Johnson and a Senior Manager with KPMG, in addition to his direct multi-hospital materials experience.

Mike is a Past President of AHRMM, as well as a lifetime fellow, he also created and manages the content of the AHRMM Lexicon.

Ed Hisscock is the President of Optime’ Supply Chain, Inc., a technology company providing niche solutions to healthcare supply chain practitioners and a Founding Partner in Appleseed Healthcare Resources, LLC, an international healthcare supply chain consultancy.

He has more than 25 years of experience in supply chain strategic planning, enabling technologies, logistics, and business improvement garnered from both the provider and supplier sides of the healthcare industry.

Ed holds a MS in Supply Chain Logistics from Michigan State University, a BA in Behavioral Science from National Lewis University, and an AS Electrical Engineering from the Ohio Institute of Technology.