Healthcare supply chain operations are like no other. For one thing, the cost of healthcare supplies is growing at 23 percent annually. Yet healthcare reimbursements and revenues are flat at best. Making matters worse, disparate supplier networks make visibility into system-wide spend virtually non-existent. And make leak points virtually undetectable. It’s become urgent to better manage and control procurement costs. The question is, how do you stop leaks, control spend and reduce costs without reducing the quality of care to patients?

At SciQuest, we understand the special demands of healthcare procurement. We know why leaks happen. We realize that managing content in the item master file and a wide variety of other sources is hard. We know that buying on contract is crucial, but that compliance is not what it should be. SciQuest is a global leader in strategic procurement solutions for a wide range of industries, including healthcare. Our innovative solutions are designed to help healthcare organizations stop leaking money by gaining tighter management and control over spend… without affecting patient care. Our healthcare solutions:

• Allow management of supplier, distributor and GPO contracts and content from multiple sources through a single platform
• Increase contract compliance by as much as 80 percent
• Decrease off-contract orders or “Specials”
• Reduce the cost of Physician Preference Item (PPI) orders
• Provide enhanced visibility into your system-wide procurement program
• Integrate seamlessly with your ERP
• Significantly increase procurement savings and ROI