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Foreign literature & study of hospital procurement & requisition of supplies 2003/2004/2005/2006?


Foreign literature & study of hospital procurement & requisition of supplies 2003/2004/2005/2006?

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HIDA Hospital Procurement Study

Health Industry Distributors Association - 4/1/2005 - 36 Pages

While hospital purchasing decisions often focus on the price paid for medical products, price-based negotiations are no longer sufficient for controlling supply costs. As a result, medical products purchasers are seeking additional cost savings opportunities that maintain margins without compromising clinical goals. This study, commissioned by HIDA and conducted by KPMG, examines purchasing patterns at twelve hospitals over over two hundred beds each to identify cost savings opportunities. The report identifies explores three potential areas of efficiency for hospital procurement and recommends four steps for hospitals to capture greater procurement cost savings.

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