The good, the bad and the average of purchased services benchmarking.

 

 

In this episode:   

The good, the bad and the average of purchased services benchmarking.  

 

The seven types of purchased services benchmarking.  

 

$1 million cost savings identified by VIE for one hospital on a single RFP.  

 

Accurate benchmarking is not possible without the line-item details from your purchased services invoices.  

 

GPOs do not always pass on cost savings to hospitals if they negotiate them mid-term.  

 

Benchmarking by ratio or comparison should be avoided.  

 

The most effective purchased services benchmarking is carried out with a holistic ‘’best practice’’ approach.  

 

Successful benchmarking is not a one-time event.  

 

 

The radio show is sponsored by VIE Healthcare Consulting; https://viehealthcare.com 

 

 

Connect with Lisa: 

📧 lmiller@viehealthcare.com 

🖥 https://viehealthcare.com 

📱https://www.linkedin.com/in/lisamiller/