7 Pitfalls of Purchased Services

Best practices for tackling your purchased services spend

Content Areas: Finance | Tags: Benchmarking, Cost Management, Group Purchasing Organizations, Purchased Services, Strategic Sourcing | Formats: Event
Member Price: AHRMM and Premier members: Free | Non-Member Price: $99 | CPE Credit: 1
12:00 pm - 1:00pm CST

Purchased services typically represents over 20 percent of a healthcare system’s total annual expenditures. What can separate a health system’s success or failure when creating a viable purchased services sourcing program is how often they heed the seven deadly pitfalls of purchased services contracting. During this webinar, we will discuss best practices to understanding actionable data, identify smaller spend categories for your staff to tackle and identify when it is safe to go at it alone or use additional resources.

How this Session Relates to the Cost, Quality, and Outcomes (CQO) Movement: Cost – lowering the cost of purchased services expenses.

Learning Objectives

  • Identify the 7 most common pitfalls and mistakes when tackling purchased services.
  • Explain the key data elements needed to be successful.
  • Discuss market pressures and resources available to help your hospital be successful in tackling purchased services.

 This webinar is sponsored by CQO Sponsor, Premier

Presenter: Jeff Little, Field Director, Custom Contracting, Premier, Inc.

Presenter: Pete Aftosmes, Vice President, Strategic Supplier Engagement, Premier, Inc.