Cost Control Consulting Services

As healthcare leadership assesses the effectiveness of their supply chain models, they’re realizing that traditional business practices come up short—and for good reason.

According to industry data, healthcare enterprises using traditional supply chain models report that supply expenses consume up to one-quarter of net patient revenue. By contrast, enterprises with clinically integrated supply chains see supply expenses as low as 12 percent—making a dramatic impact on the bottom line.

Our portfolio of cost control consulting solutions begins with an end-to-end performance assessment of your supply chain benchmarked against industry operating and performance metrics to create a clinically integrated supply chain that reduces healthcare costs, increases operating efficiency, and improves system-wide coordination of supplies.

Supply Chain Management

With our comprehensive assessment as a guide, we provide a strategic vision and business plan to help you achieve a clinically integrated hospital supply chain from purchasing to the bedside. By adopting this self-distribution model (known as an Integrated Services Center or ISC) you can eliminate traditional distribution fees and centralize inventory management to reduce total supply spend, including medical/surgical, by one to three percent.

Pharmacy Inventory Management

Pharmacy inventory management is one of the most effective levers that healthcare managers have to control supply chain costs. After an inventory model analysis, we’ll help you integrate solutions to accelerate your medication order processes, drive budgetary and contract compliance, control ordering behaviors through product standardization, reduce administrative costs, and consistently capture vendor discounts.

Insourcing

Transitioning pharmacy operations from an outsourced model to a self-reliance model can potentially yield savings of up to 10 percent in drug purchasing costs. We can help you assess, develop, implement—even staff—an insourced pharmacy.