Evaluate savings opportunities across nearly 45 categories of physician preference items to prioritize the highest financial impact.
Apply evidence-based, category-wide savings strategies based on actual purchasing history and utilization patterns.
Compare clinically and functionally similar devices to drive evidence-based conversations that put the focus on patient care.
Identify drivers of supply costs at the case level and determine whether evidence supports price variation.
Determine if outcomes data aligns with evidence, and gain visibility to outcomes that affect key financial metrics.
Assess benchmarks for implant constructs to guide the appropriate utilization of complex, premium-priced technology.
View all categories and projects in one place to see a full picture of spend and financial impact.
Monitor monthly spending to ensure that vendors are fulfilling pricing commitments and that no unexpected costs are eroding savings.
Track progress toward savings goals, ensure decision compliance over time and monitor for denied products captured in your PO spend.
Gerard Crosbie, Associate Vice President, Supply Chain, Riverside Health, discusses Riverside Health's journey toward clinical integration and its remarkable success in driving cost savings while enhancing its value analysis processes. Watch to learn how Riverside Health achieved a 28% reduction in joint costs through a single, three-month project.
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