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Hospitals allocate nearly 30% of their Operating Budgets to Purchased Services, nearing $100 billion per year. Additionally industry trends expect purchased services to increase by 13% over the next 5 years, further impacting strained budgets. Combined with looming cuts in reimbursement, the financial hurdles for hospitals may seem impossible to overcome.
This webinar will focus on how two leading hospital systems, SSM and St. Joseph’s, put a process in place to identify areas of opportunity in order to reduce, consolidate and manage their purchased services spending and improve their contracting process. Additionally MD Buyline will showcase their decades of experience in purchased services and how they are enabling systems like SSM and St. Joseph’s in reaching their objectives to reduce spending and better manage the purchased services process.