Supply Chain

Reduce supply costs and analyze utilization.

Second only to labor costs, supplies make up one of the largest cost drivers for any hospital or health system. MedeAnalytics Supply Chain analyzes your purchase orders and invoices to identify patterns in spending and opportunities for savings in all departments. With insight into the supply chain, you can maximize contract discounts, react to new supplies or price changes, evaluate vendors and substitute sources, and compare actual spend to budgets.

  • Reduce overall supply spend

  • Uncover overpaid invoices and vendors who systemically bill more than the expected price

  • Improve contract compliance to maximize discounts

  • Encourage electronic ordering

  • Increase utilization of group purchasing organization (GPO) negotiated prices

  • Benchmark vendors to identify low-cost items

  • Gain early alerts to developing trends in volume of price of supplies

  • Generate vendor scorecards to equip contract negotiators

  • Aggregation

    Aggregated supply chain data presents a full picture of supply chain performance.

  • Interpretation

    Insights like contract compliance compared to targets enable you to quickly and easily reduce supply spend.

  • Transformation

    Increased utilization of preferred GPO contracts, vendor tier pricing, and insights into sudden volume or price changes help you reduce spend.

Identify contract compliance over time and relative to targets and past compliance.

Identify contract compliance over time and relative to targets and past compliance.

Identify spend patterns by manufacturer, supplier, and item category.

Identify spend patterns by manufacturer, supplier, and item category.

Discover items that have been overpaid or are available at a lower cost.

Discover items that have been overpaid or are available at a lower cost.

Key Performance Indicators

  • Supply cost by supplier, manufacturer, and vendor
  • Contract compliance rate
  • Specialty drug spend
  • Vendor benchmarks
  • EDI ordering rate
  • Supply spend as a percentage of revenue and per patient day
  • Price variation alerts
  • Spend vs. budget