According to the Association for Healthcare Resource and Materials Management, there are five dominant issues that impact a hospital’s financial performance and ability to deliver quality care:

• Constrained Reimbursement
• Declining Operating Profit Margin
• Ever-Increasing Cost of Care
• Labor Shortages
• Need for Capital Equipment

To maintain a strong financial position, hospitals need more than a good portfolio of contracts from a typical GPO.

That’s why MedAssets Supply Chain Systems offers customized solutions for large IDNs, single hospitals and alternate care facilities. We reduce supply costs by 3 to 10 percent on common medical supplies, pharmaceuticals, physician preference supplies and capital equipment.

Physician preference items, for instance, account for about 40 percent of total supply expenditures, with prices continuing to rise. But through Aspen Healthcare Metrics, a MedAssets company, we can reduce PPI expense by 5 to 18 percent—guaranteed.

We do it by gaining physician support and standardizing price rather than product. This is a key differentiator for MedAssets and way for customers to see immediate cash flow improvement.

Our technology includes our proprietary custom catalog called CDQuick® (Contract Data Quick) and Strategic Information tools. All of our applications work with your existing IT assets.

*Association for Healthcare Resource and Materials Management’s Performance Indicators Study on Healthcare Surgery Supply Chain Management, 2004.