Manage cost of purchased services in healthcare
As much as 20 – 25% of a hospital’s total expense is within indirect spend and healthcare purchased services. Managing that amount of spend, plus identifying new savings opportunities and maximizing value on top of existing savings are not always easy. It’s a challenge we have mastered and can help you reap the results.
Through expertise, technology and our contract portfolio, we can help you better control expense of categories and achieve substantial savings in indirect spend and purchased services, and often overlooked categories.
Watch the video about our healthcare purchased servicesThe right resources to improve spend on healthcare purchased services
Consulting and expertise
Our team of more than 130 subject matter experts bring vast work experience — from receiving docks to executive offices at leading health care systems across the nation. We combine process improvement, Lean methodologies and technology and back it all up with unparalleled on-site implementation support.
Automation and analytics
Make improvements with comprehensive spend visibility provided by analytics built on the largest data set in the health care industry. Our purchased services benchmarks provide visibility into price differences by service level across numerous categories. Learn more about our spend visibility for healthcare purchased services.
Contract Portfolio
At Vizient®, we offer you a powerful tool for cost reduction – our purchased services portfolio. Through our portfolio, you will benefit from extensive national contract negotiations, data and industry expertise covering more than 180 agreements for healthcare purchased services and indirect spend.
New analytics capabilities deliver an enhanced look into purchased services spend
Along with our expert analysis and support, the all-new Purchased Services Analytics application can help you uncover hidden savings and manage spend. Powered by the industry’s most comprehensive data set, it delivers meaningful insights to help you understand your indirect and purchased services spend and provides a detailed view into your suppliers and contracts.
Schedule a demonstrationBetter services, better savings for healthcare purchased services
We can help deliver rapid, sustainable savings across these categories: facilities and infrastructure, finance/revenue cycle, human resources/insurance, information technology, patient care, supply chain and support services.