Medpricer, the leading purchased services cost management solution for the healthcare industry, announces today a new partnership with Mary Washington Healthcare (MWHC). Medpricer’s mSource platform and analytics capabilities will play an integral part in helping MWHC broaden its sourcing strategy. While MWHC’s sourcing team has successfully accessed cost savings through sourcing traditional purchased services in the past, Medpricer’s solutions will aid them in identifying more niche purchased services categories for further savings.
With access to Medpricer’s suite of RFP templates, MWHC will begin evaluating other categories outside of their current scope to reach savings. Medpricer’s category-specific RFP templates will aid the MWHC sourcing team directly by reducing the time to develop RFPs and evaluate proposals. Furthermore, MWHC will leverage Medpricer’s flexible software, information products, and service solutions to implement an end-to-end purchased services system.
“Our sourcing team has saved MWHC millions in the past by being laser focused on traditional sourcing categories,” explained Vice President of Supply Chain, Alan Edwards of Mary Washington Healthcare. “We realize we need to expand that focus into the purchased services arena and add additional tools to meet our future savings goals. We feel Medpricer can help us do just that and help us meet or exceed our annual savings goal of $5,000,000.”
“Our expertise across hundreds of categories position us best to help Mary Washington Healthcare identify additional savings opportunities. Medpricer’s solutions will create a scalable process for their sourcing team,” said Chris Gormley, CEO of Medpricer. “The flexibility within Medpricer’s product and service options allow us to provide the healthcare network with a complete, comprehensive purchased services system.”
For more than a decade, Medpricer has helped move savings strategies forward with scalable purchased services solutions that improve sourcing efficiency and financial health. Their industry-leading software, mSource®, is the only all-in-one contract management, negotiation, and analytics platform that enables organizations to tailor contract terms to fit their unique needs – not those of a group. Engage with your purchasing data, learn from market intelligence, unite your stakeholders, and move contracts through the pipeline – faster. No catches, no hidden admin fees. Discover substantial savings and deliver outcomes that continuously improve the quality of patient care. To learn how other leading healthcare providers are transforming their savings strategy, call (888) 453-4554 or visit www.Medpricer.com.
About Mary Washington Healthcare
Mary Washington Healthcare is a fully integrated, regional medical system that provides inpatient and outpatient care through 28 facilities, including Mary Washington Hospice, and services including Mary Washington Hospital, a 451-bed regional medical center, and Stafford Hospital, a 100-bed community hospital. Mary Washington Healthcare is a not-for-profit health system with a longstanding commitment to provide care regardless of ability to pay. For more information about our services and facilities, visit www.MaryWashingtonHealthcare.com.