Right Size Your Scope to Maximize Savings
Purchased services typically represents 40-50% of a hospital’s expenses, but account for 10% or less of savings initiatives. Yet research shows that fixed-price services contracts that are negotiated and executed effectively drive significant value and reduce costs.
The right-sized scope involves looking across the market at all possible options and value levers, thinking about everything that “could be” and figuring out what actually makes sense based on your needs and market availability.
Rick Conlin shares how you can immediately drive down your operating expenses.
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Learn how Spend Performance Solutions can help your organization's purchased services contracts.