The Process of Operationalizing Contracts to Support CQO

By AHRMM

AHRMM eLearning Image

 

Price: Member: $98.00 | Non-Member: $198.00

Continuing Education Credits (CECs): 2 hours

Order eLearning Course  

 

Supply chain departments manage the second largest healthcare expense after labor costs. Months after the time and energy that went into the contract negotiations, we find that costs are up and products are being purchased outside of contracts. The solution is to bridge the gap between contract execution and purchasing. Contract catalogs are a challenge to execute and manage and are not enough to reap the contract savings benefits. We must also manage the related data to achieve contract compliance. This interactive eLearning course teaches how to effectively operationalize contracts, resulting in an organized management process that will allow the entire organization to purchase quality products at the lowest cost.

Learning Objectives:

  • Explain the importance of the contracting function in supporting CQO initiatives.
  • Identify and assess challenges contributing to low contract compliance rates.
  • Describe tips for simplifying and standardizing catalog management to drive users to the correct formularies and increase contract compliance.

Related Resources

On-Demand Educational Webinars
UDI: A How-To Guide for Implementation with Your Organization
This session explains the benefits of implementing the UDI such as immediate device status updates through collaboration with manufacturers and…
Webcast
Value Based Purchasing and Value Analysis 101 – Part 3
Howard Mann, vice president, supply chain management at Cardiovascular Care Group discusses the basics of value analysis and value based purchasing
On-Demand Educational Webinars
Help! I Can’t Find My OR Supplies!
Tracking surgical supplies is a challenge. Average returns for picked supplies is low, O.R. in-and-out traffic to retrieve items is high, and…
On-Demand Educational Webinars
Organizing and Executing Supply Chain Costs through Clinical Variation and Reduction
Reducing variability in products, supplies, pharmaceuticals, and other cost drivers is key to achieving margins in Medicare payment. This webinar…
On-Demand Educational Webinars
Decoding Supply Chain Analytics for Improved Cost, Quality, and Outcomes
As hospitals restructure to gain sustainability in an era of reform, it is crucial for supply chain leaders to work collaboratively within health…
Podcasts
UDI: A Story of Implementation
Hear one provider’s ongoing process of UDI implementation, from deciphering acronyms and educating interdepartmental staff, to working with vendors