Purchased Services Benchmarking With Richard Dormer | Episode 38

In this episode, Lisa is joined by Richard Dormer of VIE Healthcare Consulting.  

In this episode:   

The good, the bad and the average of purchased services benchmarking.  

The seven types of purchased services benchmarking.  

$1 million cost savings identified by VIE for one hospital on a single RFP.  

Accurate benchmarking is not possible without the line-item details from your purchased services invoices.  

GPOs do not always pass on cost savings to hospitals if they negotiate them mid-term.  

Benchmarking by ratio or comparison should be avoided.  

The most effective purchased services benchmarking is carried out with a holistic ‘’best practice’’ approach.  

Successful benchmarking is not a one-time event.  

The radio show is sponsored by VIE Healthcare Consulting; https://viehealthcare.com  

Connect with Lisa: 

📧 lmiller@viehealthcare.com 

🖥 https://viehealthcare.com