By Marlin Doner - VP, Data Analytics, Marketing, & Product Strategy
A benchmark study by Prodigo Solutions revealed ample opportunity where healthcare supply chain practices can have the most impact on cost, quality of care and patient outcomes:
- Less than 65% of healthcare supply chain purchases are tied to a valid, active contract.
- Less than 45% of supply chain spend is flowing through the item master, leaving most spend flowing through the least compliant channels: special requests, vendor managed inventory, blanket purchase orders and purchasing credit cards.
- Less than 85% of purchased lines have the right price.
- Over 30% of processed invoices contain errors that require manual intervention.
As these gaps and opportunities are exposed, how can supply chain leaders begin to make meaningful change?
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About Prodigo Solutions
Prodigo Solutions is a healthcare technology company that improves providers’ financial control and reduces supply chain cost. Prodigo Solutions’ technology was purpose-built for healthcare by supply chain experts to deliver tangible results across a continuum of care. Customers who use our systems purchase more than $23 billion annually for the more than 700 hospitals they operate.
For additional information please contact:
Prodigo Solutions’ Marketing Department
724-741-1900
marketing@prodigosolutions.com
www.prodigosolutions.com