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"About $28M of savings that could be generated from higher compliance was identified, and about $8.5M of those savings had been realized in the first six months of the contract. "
 >>  Jim McManus
Vice President, Finance
St. Joseph Health Care System

Physician Preference Item Cost Reduction

Aspen Healthcare Metrics achieves savings for clients through cost reduction of physician preference items (PPI).  PPI can be defined as implants and/or implantable devices, as well as expensive disposable items used during surgical procedures.  Examples of PPI include stents, catheters, heart valves, pacemakers, leads, total joint implants, spine implants, and bone products. 

 

Aspen consultants analyze data and processes related to clients’ current PPI purchasing practices and identify the best opportunities for improvement. Aspen works closely with physicians to gain buy in and support. Aspen then facilitates vendor negotiations, implements new pricing, measures results and audits compliance.

 

Aspen's PPI work is guaranteed to reduce spend on PPI by 5-18%.

 

Other services offered by Aspen Healthcare Metrics include:

Aspen Healthcare Metrics is a MedAssets company. For more information, call 303-694-6165, or request information online.

 

 


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