Managing Total Spend

Managing Total Spend

Up to 50 percent of an organization’s spend is non-labor, or supply chain related. Add to this the complexity of the healthcare supply chain and increasing cost pressures on healthcare coming in the future, and you have a “burning platform” or significant need for supply chain to demonstrate its value.

Changing the perception and understanding the strategic importance of the supply chain is incredibly vital to the continued sustainability of healthcare providers. A contract portfolio is only part of a full supply chain solution. Most facilities and their group purchasing organizations (GPOs) leverage volume aggregation in an attempt to primarily solve for one business line, in one vertical, in one expense category.

But it’s not sufficient for healthcare to focus solely on cost reduction strategies. The scope of the supply chain extends across every healthcare vertical, across every business line and through all expense categories.

Intalere focuses on offering end-to-end supply chain solutions that give providers the ability to optimize the people, processes and technology within their systems to deliver the greatest value. We are dedicated to helping develop transformational solutions and providing information recognizing the importance of the healthcare supply chain in improving efficiency, maximizing financial value and enhancing providers’ ability to offer the highest quality of patient care.

Providers must join the revolution to make supply chain excellence a core competency within their organizations and achieve their high-level strategic goals through supply chain initiatives. Let Intalere help you achieve supply chain excellence – contact us for a partner that will help elevate the health of your organization.

 

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