Strategic Sourcing SOlutions
Excellent prices aren’t enough. Our healthcare contracts deliver total value.
Healthcare providers share the high calling of healing the sick. But you can’t do that if skyrocketing supply costs put your organization in jeopardy. The Broadlane Group™ can help.
Strategic Sourcing Solutions will give you better cost management of your supply spend. We offer the best contract portfolio of any company in the industry, bar none. Our portfolio doesn’t stop at medical supplies. It includes non-medical supplies—such as computers and cell phone plans—pharmacy, and purchased services like food and nutrition. We also provide total value through strong contract conditions that will protect you.
We keep prices low by letting clients award all of our contracts. That unique process encourages maximum contract use, delivering extra savings. The Broadlane approach builds in comprehensive offerings with product flexibility, leading to 3% to 18% cost savings over our competitors.
Consider these ways to engage Strategic Sourcing Solutions:
Market Share and Category Analysis
Several factors play into the selection of products and suppliers, such as raw materials, supply stability, emerging technologies and vendor market share. The Market Share and Category Analysis sums up these factors in a report you can put to work right away.
Sourcing Category Assessment
Different product categories call for different sourcing strategies, all based on your unique situation. With the Sourcing Category Assessment, Strategic Sourcing Solutions consultants will help you decide which strategies will optimize your cost savings opportunities: whether it makes sense to standardize, purchase or lease; what criteria to set for pre-commitment awards and more.
Sourcing Category Implementation
Creating a contracting strategy is one thing. Executing that strategy is another. Broadlane’s Sourcing Category Implementation will set up processes in your hospital, training employees about new supplies, maintaining appropriate inventory levels, even scheduling deliveries for on-time arrivals. Most important, our post-award support helps clients smoothly transition to new contracts.
Purchased Services Contracting
Food and nutrition. Laundry. Patient transport. Services like these add up to 16% of a hospital’s operating expense. Purchased Services Contracting will give you access to flexible local contracts backed by the power of national market intelligence, along with terms and conditions that cut those costs by 6% to 15%.
Life and Disability Insurance
Let us help you stabilize and lower your Life and Disability Insurance Rates. By joining with Insurance Point® members experience a savings of at least 10% towards their bottom line. We deliver this meaningful costs savings by bringing our sourcing expertise and volume aggregation to HR Services such as Life and Disability Insurance.
Medical-Surgical, Non-Medical and Pharmacy Sourcing
The core of Strategic Sourcing Solutions, Medical-Surgical, Non-Medical and Pharmacy Management let you tap our industry-best group purchasing organization contracts on 600,000 items. The bottom line: savings between 3% and 18%.