Services

Procurement Services

The fragmented procurement cycle that most healthcare providers depend upon is one of the most costly and inefficient processes in hospital business operations. Inaccurate or poorly synchronized data, rogue buying and fragmented purchasing systems can add up to substantial losses. These problems are greatly amplified for integrated healthcare systems, where multiple facilities and purchasing centers compound issues of inaccuracy and disparity.

While group purchasing contracts can help to lower costs through leveraged buying, they are not the only tool providers can use to achieve meaningful savings. For most healthcare organizations, contract compliance is not measurable, and purchasing is uncontrolled and difficult to track. In order to reach the next level of financial performance, hospitals must streamline purchasing and greatly increase contract compliance.

A New Paradigm in Procurement

Broadlane’s Procurement Services represent an innovative approach to purchasing healthcare supplies and services. Procurement Services provide you with the people, process and technology to help you implement consistent, enterprise-wide application of uniform policies, contracts, products and pricing for your healthcare organization.

The Broadlane method of purchasing helps you maintain a high level of compliance with supply contracts and purchasing policies through the elimination of rogue buying and the reduction of off-contract spending. Procurement Services also help you by:

• Leveraging real-time price verification
• Eliminating disparity between purchase orders and invoices
• Reducing the cost of purchase transactions
• Increasing transaction velocity
• Increasing the accuracy and completeness of spend reports
• Lowering the costs of goods and services

Broadlane understands that every organization has different needs when it comes to procurement. We design a custom solution for your organization that combines two highly effective services.

Broadlane’s e-Procurement system is among the most advanced purchasing platforms in the industry. This cost-effective technology works as a stand-alone solution or integrates seamlessly into existing enterprise resource planning or materials management information systems.

The e-Procurement platform gives you access to:

• Web-based, electronic requisitioning
• Broadlane’s world-class contract portfolio and industry-leading prices
• A comprehensive listing of your custom pricing agreements
• Real-time tracking of order status and monitoring of spend data
• Contract management tools
• Workflow integration tools that support requisitions, ordering, order fulfillment, receiving, invoicing and payment
• Detailed business intelligence and reporting

Centralized Procurement

To help streamline the procurement process, Broadlane has developed a new purchasing solution that cuts costs while delivering the supplies and equipment you need to provide quality patient care. The Broadlane National Procurement Center is the first-ever centralized purchasing service for hospitals. It can enable you to better utilize staff resources to increase efficiency and lower procurement-related expenses.

The National Procurement Center centralizes your procurement operations at Broadlane’s operations center in Dallas. There, specially-trained buyers take electronic requisitions from your hospital via the Internet, source the requested items from appropriate contracts, issue electronic purchase orders to suppliers and then monitor and expedite order fulfillment. Throughout the entire process, our purchasing team works with you to ensure you buy the products you want at the right price from the right supplier. Broadlane’s operations can scale to accommodate 100 percent of your purchasing, or focus on specific vendors, hospitals or even departments.