Purchased Services Present Opportunity for Significant Savings on Operating Budgets

Analyzing and re-considering healthcare purchased services can help hospitals save up to 30 percent on their operating budgets.

Advertisement

Dallas-based MD Buyline offers a complimentary whitepaper outlining questions and considerations that address a re-evaluation of purchased services.

Purchased services can account for up to 35 percent of a hospital’s operating budget, but hospitals have the opportunity to reduce those costs by almost one-third, according to the news release.

Additionally, hospitals that have implemented MD Buyline’s best practices have achieved sustainable operating budget reductions by about 3 percent, according to the news release.

More Articles on Supply Chain:

Wright Medical Group Acquires OrthroPro
Private Equity Firm Acquires GHX
$230M Public, Private Partnership to Expedite Drug Development

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Supply Chain

Advertisement

Comments are closed.