Contract Negotiations & Implementation Strategies for Purchased Services within a Single Facility or IDN's
Price: Member: FREE | Non-Member: $99.00
CEC Hours: 1
Description:
Contracting strategies, negotiation, and centralized contract management processes can generate significant savings in one of the largest areas of spend. Purchased Services represents 20% of a facility's operating expenses and is generally overlooked as a savings opportunity, even though it can generate rapid savings. A team of Hospital Executives shares the lessons learned, implementation experiences, and savings they brought their facilities, focusing on the non-traditional areas of spend.
Learning Objectives:
- Define the non-traditional areas of operating expense.
- Articulate the service categories available within the scope of the engagement and average savings that can be achieved.
- Leverage contracting and negotiation strategies to centralize your own Purchased Services program.
Presenters:
- Andy Motz — Vice President & Chief Procurement Officer, Sisters of Charity Health System
- Doug Colburn — VP Operations, Midtown Medical Center
- Meredith Bass — Controller, Columbus Regional Health
- Todd Hamilton — VP Supply Chain, AmSurg
- Tom Chickerella — VP Supply Chain, Ardent Health Services
Related Resources
On-Demand Educational Webinars
Lean Management is a strategy for modifying processes so that we reduce the burden on supply chain resources, while still providing the customer with…
On-Demand Educational Webinars
This webinar discusses the health care supply chain, its strengths and weaknesses. It reviews best practices around the industry, including what…
On-Demand Educational Webinars
The supply chain ecosystem has contributed to the 25% waste in the health care system. We can accept that reality while at the same time learning to…
Podcasts
In this session, Dennis Black and Dennis Orthman share their experiences and best practices to improve and expand the provider-supplier relationship.