MedAssets’ spend management technology and services help build customized solutions encompassing procurement of common medical supplies, pharmaceuticals, physician preference items, food and nutrition items, and capital equipment.  Physician preference items (PPI), for instance, account for 40% of total supply spend, with prices and consumption continuing to rise.  But with our focused effort on physician preference item cost reduction, we can reduce PPI by 5-18% to improve key service line margins.  In addition, our supply chain analytics and consulting services cleanse and normalize supply chain data to improve transparency, identify savings opportunities and report key metrics to quickly view performance.  Benchmark data is used to focus action in improving processes and overall supply chain operations.  Combine these supply chain management services and your facility could potentially decrease your supply expense by 3-10%.

We’ve helped leading healthcare providers nationwide improve their financial health, and we can help you too.  Contact us to learn how.