Tag: Contracting

Category Management: The Key to Collaboration?

By: Jake Jenkins
Date: July 9, 2019
Category: Supply Chain
Filed under: Career Development, Category Management, Collaboration, Contracting, Procurement, Sourcing, Staffing

Sourcing and purchasing departments should function symbiotically—two parts of procurement whole. However, many organizations find that the alignment is not as strong as they would hope, which has led to some self-reflection on the best way to build symmetry into the departments. This can come down to a question of philosophy. What are your organization’s […]

Tips for Managing Relationships with Suppliers and Service Providers

By: Jake Jenkins
Date: March 27, 2019
Category: Supply Chain
Filed under: compliance, Contracting, Purchased Services, Suppliers, training, Vendor credentialing, Vendor Management

Managing vendor relationships can be challenging for several reasons. The high volume of manufacturers and suppliers hospital supply chains deal with can be daunting. Distributors and purchasing organizations can help make it more manageable, but with thousands upon thousands of SKUs at any given hospital, they cannot cover all of it. On top of that, […]

Pulse Check: Powerful Data Drives Successful Contract Negotiations

By: Noelle Wysocki
Date: May 23, 2018
Category: Custom Services
Filed under: Contract Negotiations, Contracting, DRG, HBI, Healthcare Business Insights, Healthcare Contracting, Healthcare Contracts, hospital finance, hospital rates, Managed Care Contracting, Payer, Pulse Check, rates, RC, RC Management, RCM, Rev Cycle, Revenue cycle

Get the most out of your negotiations! The best of negotiators are successful because they’ve done their homework and they bring hard evidence to their discussions. Sure, there’s a certain art to negotiations, but it’s practically impossible to argue against cold hard facts. When you go into contract negotiations with third party payers to secure […]

Supply Chain KPIs: What Should You Include in Your Dashboard?

By: Brittni Straseske
Date: December 13, 2016
Category: Supply Chain
Filed under: Contracting, Dashboard, Data Management, Key Performance Indicators, KPIs, Materials Management, Procurement, Supply chain

Data and analytics continue to be top of mind throughout the healthcare industry. Accurate data provides significant insight into an organization’s methods and processes, highlighting where some practices require attention and further development. Internally, organizations can use key performance indicators (KPIs) to manage workloads, identify trends, initiate change when shown necessary, and measure improvement efforts. […]