Purchased Services Create Niche Savings Opportunity
While the supply chain improvements typically focus on pharmaceuticals and medical supplies, there is opportunity to find savings in a previously overlooked area of spend — purchased services.
Generally speaking, purchased services are the services a hospital outsources to a third party. While these services can include everything from laundry to landscaping, spend for purchased services resides in a number of budget categories including: facility support services; contracted clinical services; information technology and telecommunications; financial services; ancillary support services including marketing; insurance services; human resource support services; and pharmacy services.
Go to Nebraska Hospital Association publications, Healthier Nebraska, Summer 2022, page 16-17.