SUPPLY CHAIN OPTIMIZATION: Managing Healthcare Vendors

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Vendor Credentialing

Manage vendor sales representatives with tools and best practices to reduce liability and ensure compliance to organizational policies.

Allows flexible categorization to pinpoint the types of credentials needed for each category of vendor representative – not a one-size-fits-all approach
Provides Web-based tracking and credentialing, which requires no maintenance and can be set up in minutes
Permits distribution of policies electronically to all vendor representatives
Sends e-mail alerts to supply chain and/or security personnel when vendor credentials have not been provided or have expired
Establishes best practice vendor policies
Provides ongoing updates for policies, procedures and required credentials as regulations change
Offers clear, defensible guidelines on the level of credentialing required for high-risk vs. low-risk vendor representatives
Excludes vendors not required to be credentialed from paying fees and no fees are paid by the hospital

Improve your
Operating Margins

MedAssets improves
and sustains
operating margins
by 1.5% to 5%.

Maricopa Integrated Health System

Maricopa eliminates deficiencies for both purchasing and revenue cycles of its business and calculates a net increase of over $300,000 based on strategic markup alone. Maricopa was able to synchronize patient charges with cost for supplies, reveal non-item file and special order purchases previously slipping through the cracks, and reduce uncertainty in pricing.