Four Key Strategies to Navigate Success in Purchased Services Last Updated: October 24, 2017
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Healthcare Purchasing News: Mike Maguire and Jeff Little: Third-party services, such as waste management, dialysis, elevator maintenance and security, can represent up to a third of a health system’s total annual expenditures. Called purchased services, these resources are crucial to hospital operations but aren’t always top-of-mind when it comes to delivering care and managing costs. When it comes to managing purchased services, there is significant potential to reduce supply chain spending in an era of constrained resources. Four key strategies can provide health systems with basics tenets of a viable purchased services sourcing program, if supply chain leaders incorporate them during the contracting process.

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