Instead of isolating purchased services in various silos of a health system, creating a centralized purchasing system allows for greater visibility, transparency and standardization.
Here are four purchasing compliance considerations to consider when centralizing purchased services, offered by MD Buyline.
1. Executive sponsorship: Organizations need support from leadership teams when carrying out any level of change. With purchased services, MD Buyline suggests executive sponsorship from the vice president level in supply chain, or the CFO or CEO is critical.
2. Align stakeholders: Build connections between otherwise disconnected departments, such as senior leaders, clinicians and value analysis teams, to develop a focus for contracting and sourcing.
3. Thorough sourcing: Hospitals and health systems should thoroughly evaluate service providers to increase negotiation leverage, focusing on characteristics such as market trends, performance indicators and pricing benchmarks.
4. Strategic vision: Sourcing and purchased services should align with the organization's overall strategic vision, not just the goals of an individual department.
More articles on supply chain:
3 tips to streamline OR supply chains in M&As
GPOs save money, but is it enough? The case against group purchasing
5 common misconceptions about hospital purchased services