AlphaMed Blog Bundles for the Better

"Norman Regional Health System is bundling its equipment purchasing to reduce costs and improve care. The Oklahoma-based provider previously had a fragmented purchasing process where it would place similar equipment orders by department or by facility. Now, the organization has aligned the acquisition process."Instead of buying one and two equipment orders here and there, we want to bundle them together to act strategically," said John Kott, supply chain director at Norman Regional. "This approach will provide value to both the suppliers and our organization through reduced transaction costs, better forecasting and enhanced strategic alignment."Norman Regional partnered with OpenMarkets, whose software helps hospitals and suppliers improve the equipment procurement process and better manage requests, workflow, budgeting, data and communication across the organization, Kott said. " To continue reading, please click on the link below!http://www.modernhealthcare.com/article/20170907/NEWS/170909916/providers-bundling-equipment-purchases-to-save-money-improve-care