Service Contracts: Impacting the Total Cost of Ownership

Price: Member: FREE | Non-Member: $99.00
CEC Hours: 1
Description:
Properly constructed, equipment service contracts can improve patient safety, care quality, and staff satisfaction while lowering the total cost of ownership. Identifying appropriate types of contract coverage, implementing flexible coverage plans, analyzing total cost of ownership, and calculating the value of a relationship are all critically important skills.
How this session relates to the Cost, Quality, and Outcomes (CQO) Movement:
Learning Objectives:
- Determine when an equipment service contract is appropriate.
- Learn how to negotiate service contracts to improve coverage and lower costs.
- Develop skills to calculate total cost of ownership for capital equipment.
Target Audience:
Presenters:
- David Hargraves, Vice President, Clinical Supply Chain, UPMC
- Joseph Haduch, MBS, MS, Director of Imaging Services, UPMC Biotronics/i>
Related Resources
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
Uncontrolled variation is the enemy of quality, and quite a bit of uncontrolled variation exists in the medical device industry today. Using dis-…
On-Demand Educational Webinars
Learn about a comprehensive assessment and process improvement exercise on the Total Cost of Ownership model by UPMC and Cook Medical. Specific areas…
On-Demand Educational Webinars
Yankee Alliance facilitated an Orthopedic Total Joint Collaborative in order to identify opportunities for quality improvement and cost reduction,…
On-Demand Educational Webinars
Although suppliers and providers may hesitate at a partnership approach, it is possible to collaborate on total cost of ownership. Learn from the…
On-Demand Educational Webinars
Contracting strategies, negotiation, and centralized contract management processes can generate significant savings in one of the largest areas of…