Why collaboration is the foundation for identifying successful cost savings opportunities in contract management.

The big win of data discipline: the integration of good business intelligence and analytical support to develop and deliver automated reports that are delivered proactively.

Lisa is joined by Phil Kucharzyk, System Director of Contracting at Bronson Health, to discuss effective contract management strategies for cost savings.

Bronson Health has collaborated very closely with Kalamazoo Valley Community College (KVCC) and the college has developed a new campus adjacent to Bronson’s downtown Kalamazoo hospital.

As Lisa observes ‘’I don't know sometimes if even the departments understand what the supply chain can offer through market intelligence, through all these things that you could support them for their success.’’

This episode is sponsored by VIE Healthcare Consulting® which has proudly helped hospitals save $772 million since 1999.

• The advantages of developing ‘’knowledge experts’’ in contracting. "We’re able to say, how can we discuss where (these opportunities) might fit on everyone's time horizon and resource them appropriately? And what other variables do we want to dig into that help us prioritize those?’’

• The role of trusted relationships in breaking down silos and why there’s much more to it than simply approaching people with cost savings ideas at contract renewal.

• How healthcare data analytics supports cost management conversations with both vendor partners and collaborators. ‘’We provide reports to our contracting team where they can look at their departmental spends. We monitor spikes and sags and use that information to have productive conversations.’’

• The ongoing challenge to prioritize and perfect full utilization and why hospitals need to ‘’lean in and roll up the sleeves’’ to use materials management systems.

• Why having your own data analysis is a requirement – and why data is a ‘’source of truth.’’ ‘’You always have to act in your own interest… so that you have your own data, your own analysis as you have the discussions with vendors. It’s so important.’’
• The big win of data discipline: the integration of good business intelligence and analytical support to develop and deliver automated reports that are delivered proactively.

📧 lmiller@viehealthcare.com

🖥  https://viehealthcare.com

📱 https://www.linkedin.com/in/lisamiller/

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