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
e-Learning
The Introduction to Health Care Supply Chain eLearning courses provide grounded education for those new or seeking a refresher.
e-Learning
This advanced course leads learners through 10 areas of infrastructure surrounding the functions of health care supply chain management.
Podcasts
Listen as Elizabeth Hilla, Senior Vice President, Health Industry Distributors Association (HIDA), discusses the most successful strategic sourcing
White Papers
Consider how direct sourcing can enable access to PPE and the leading practices of
building supply chain diversity and resiliency for the future in…