The Problem With Purchased Services – Conversations With VIE

by | Feb 24, 2021 | Conversations With VIE, Cost Reduction, Purchased Services, Videos

 

This video was brought to you by Rich Dormer.

There are problems surrounding the management of purchased services that your healthcare organization needs awareness around.

Namely, as Rich Dormer explains in the video above, it’s a manual process, it’s highly ineffective, and it heavily strains resources.

Considering that 50%, on average, of an organization’s total non-labor spend is in the shared or purchased services, your hospital needs to recognize the potential of improving the efficiencies around the management of purchased services.

On average, 50% of an organization's total non-labor spend is in the shared or purchased services. Read more here to find areas for cost savings. Click To Tweet

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