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
This webinar takes a deep look at industries that have evolved successful and meaningful supplier relationships to advance shared value among a…
Webcast
Panelists in Part 4 of the GPO or Local/Self Contracting webcast series focus on what providers should expect from their GPO partners. In a Part 5…
On-Demand Educational Webinars
Social responsibility is an emerging area of importance for all health care supply chain professionals to understand and participate in. This webinar…
On-Demand Educational Webinars
A panel of health care industry leaders shares their insights and experiences in creating a best-practice supply chain that supports the intersection…
On-Demand Educational Webinars
In today’s value-based care environment, hospitals continually strive to improve patient quality and outcomes. Benchmarking is a powerful tool that,…
On-Demand Educational Webinars
Health care costs continue to rise at an alarming rate, growing well ahead of inflation. In this webinar, we compare and contrast the education and…