Download Presentation: idnsummit.com/event/2014%20Fall/presentations/14fa_idn_FO_presentation_Purchased%20Services_Cadwell_345pm_FLWIJ.pdf
Moderator: Joseph Quinones, Senior Assistant Vice President, New York City Health and Hospitals Corporation
Presenter: Michael G. Cadwell, Managing Director, Huron Consulting Group
As healthcare organizations’ efforts to leverage GPO partnerships and additional supply contacts to get maximum savings on supplies and capital equipment mature, purchased services are the “next frontier” for cost reduction. In this session, learn from a leading consulting services provider about successful efforts to address purchased services costs, including the analysis required, the development of achievable initiative timelines, benchmarking sources, and communications strategies used to engage key stakeholders. Participants will also understand the process development and implementation steps used to standardized suppliers and develop system-level agreements to improve overall supply chain operations.
1. Outline three strategies to capture savings related to this contract category.
2. List data sources available to help identify opportunities to reduce the cost of purchased services and measure successes.
3. Describe the dynamics of purchased services and the overall impact on total supply chain cost.