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

Establishing a process, looking at the appropriate data, and creating wins by looking at smaller categories first helps teams be more comfortable in addressing purchased services contracting, and using available resources in the market.

Purchased Services can be a difficult area to contract for due to the vast landscape that it encompasses, the regional and state-to-state variation of sub categories, a lack of actionable benchmarking data, and the sheer complexity in some of this space.

During this webinar, we will discuss best practices to understanding actionable data, identify smaller spend categories for your staff to tackle and determine 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.