The four systems within POWR are University Hospitals in Cleveland, EMH Healthcare in Elyria, Parma Community General Hospital in Parma and Southwest General Health Center in Middleburg Heights.
In the four months since POWR members have collaborated, they have saved roughly $700,000, including $250,000 on physician preference items such as orthopedic implants and cardiology devices.
More Articles on Hospital Purchasing:
10 Overlooked Opportunities for Hospital Cost Savings
4 Statistics on Hospital Strategies, Spending and Purchasing Decisions in 2013
AHA Wants to Delay Rule Prohibiting Some Hospitals From Obtaining Drugs Through GPOs
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.