MedAssets Analytical Systems customers are supported by our experienced clinical/product experts and analysts. Our experts serve more than:
- 70 major clients with 550 facilities and 41,000 beds
- 18M lines of data
- $8B Supply spend through Strategic Information tools
MedAssets Analytical Systems’ advanced software tools in combination with your existing IT assets, diagnose your business to identify performance and data gaps, and close them in an accelerated time frame. Major drivers of cost that we focus on are:
- Physician Preference Items – effectively reduce and manage category costs, track contract compliance and manage vendor behaviors
- Pharmaceuticals – manage pricing and tiers, market share monitoring, failure to supply and generic alternatives
- Med/Surg, and Laboratory – review comprehensive picture of supply costs to pinpoint opportunities for strategic purchasing decisions and ultimately improve cash flow
Find out how MedAssets Analytical Systems’ advanced software tools provide better data, better decisions, and better cash flow.
Supply Chain Facts
- 25-35% of purchase orders and invoices do not match
- 45% of total supply spend is physician preference items but represents less than 5% of line items
- Off contract spend can approach 50% of total supply spend