Purchased Services Insights

3 Ways eNegotiation is a Better Alternative Than Reverse Auctions for Purchased Services.

If you are looking for ways to dramatically decrease the costs of purchased services, you may want to consider eSourcing as a way to do this. There are two types of eSourcing solutions you may consider which and at first glance appear very similar; however, there are some key differences that could impact the results …

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How to Process More Contracts with Scarce Resources

Stop me if this routine sounds familiar: It’s 9 AM; you walk into the office, knowing exactly which tasks are on your to-do list for the day and with a clear plan of how you intend to tackle them.  You say, “no problem – taking care of these today should be a piece of cake.”  …

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Back to the Drawing Board

3 Ways to Take Control of Your Purchased Services Costs

As a result of the recent election, there is chaos in the healthcare industry. During his campaign, President-elect Donald Trump has promised that when he comes into office one of his top priorities will be to repeal the Affordable Care Act which could leave millions of people without insurance. But already he is back peddling …

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Sourcing Purchased Services – Your Gateway to Custom Contracting

It seems like everyone is talking about sourcing Purchased Services today, and for good reason.  For most healthcare providers, Purchased Services represent 40-50% of non-labor spend.   Yet most systems are not close to realizing their full savings opportunities because they have not addressed the heavy lifting associated with data, skill development and compliance reporting.  Done …

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Down the Road

Common Contracting Dilemmas in Purchased Services

In the past few years, significant attention has been directed at this area of spend labeled “Purchased Services”.  Although Purchased Services represents an area for significant potential savings, there are many predicaments that can be encountered. This blog series will outline the common Purchased Services contracting dilemmas and then we will cover the best ways …

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Find Fast Savings in Half the Time

Are you struggling to hit your yearend targets and need to quickly capture additional savings? Or maybe you are dealing with a recent reimbursement policy change that is negatively impacting your revenue. Either way, using the ISN direct negotiation program could help you uncover and realize those savings in as little as six to eight …

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Making Purchased Services Benchmarking Work for You

How do you know if you are getting the most competitive rates on your services contracts? The answer is you probably don’t know and you are not alone. Most health systems just can’t get their hands on reliable benchmark information for Purchased Services to help them get accurate rate assessments. Why is that? Learn the …

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