Business Analytics

Intalere Member Best Practice Spotlight – Virginia Mason Medical Center – Virginia Mason Memorial Supply Chain Integration

ISSUE With Supply Chain expenses for medical supplies, devices and implants hovering around 10% of an organization’s total net revenue, this is an area where economies of scale, negotiating power and collaboration come together to make healthcare more sustainable and cost effective. The Virginia Mason Health System is committed to taking advantage of these opportunities […]

Intalere Member Best Practice Spotlight: Miravida Living – Moving Procure-to-Pay Into the 21st Century

ISSUE With tightening budgets, Miravida Living was challenged with combining the purchasing efforts of its multiple locations. How could Miravida Living effectively decrease redundant inventories, optimize volume purchasing to obtain better pricing and reduce time-consuming manual input in their procure-to-pay system? SOLUTION By partnering with Inventory Optimization Solutions (IOS), an Intalere contracted supplier, Miravida Living […]

Intalere Member Best Practice Spotlight – Kingston HealthCare Company – Improved Employee Safety and Reduced Workers’ Compensation Expenses

ISSUE Kingston HealthCare Company’s OSHA rate of employee injury in 2014 and 2015 was 7.7 and 7.6, respectively. This was higher than the 6.8 national incidence rate for the industry published by the Department of Labor. SOLUTION After an analysis of the workplace injuries recorded, it was discovered that all injured employees were sent to […]

Intalere Member Best Practice Spotlight-University of Vermont Health Network-Pricing and Efficacy Tool for Value-Based Product Selections

ISSUE University of Vermont Health Network wanted greater collaboration between clinicians and Supply Chain when making value-based product selections. SOLUTION University of Vermont Health Network addressed this issue by engaging with a technology and negotiation company to develop a mobile device application for physicians to view comparable cardiac rhythm management (CRM) device costs and features. […]

Three Capabilities for Strategic Planning Success, Part 2

By Steven Dunn, Sales Director, DataBay Resources In our previous post, we highlighted the importance of strategic planning in building a sustainable future for healthcare facilities, and highlighted market awareness and the questions you need to answer in beginning to formulate your plans.  Data Access Now you have a list of questions that need answers. […]

Three Capabilities for Strategic Planning Success – Part1

By Steven Dunn, Sales Director, DataBay Resources Strategic planning for a hospital or ambulatory surgery center is an important and necessary tool utilized by leadership teams to help them better understand the healthcare environment from both a national and local level in order to focus organizational goals and respond to changes and trends. A strategic […]

Four Steps to Effectively Manage Your Purchased Services Spend

Four Steps to Effectively Manage Your Purchased Services Spend By Chris Gormley, CEO, Medpricer, and Marshall Busko, Senior Director, Information Technology Solutions, Intalere Purchased Services represent 40-50 percent of a health system’s non-labor spend making it a significant untapped opportunity to help healthcare providers meet their budgets in an era of declining reimbursements. But how […]

The Importance of Price Transparency

By Jim Webb, Executive Vice President, Business Development at BroadJump, and Shon Wettstein, Vice President, Product Management, Intalere Among the most critical struggles hospital supply chain executives face today is not truly knowing fair market prices for the goods they are purchasing on an everyday basis. This is due to a pervasive lack of information […]

Five Essential Steps to Positively Impact Your Bottom Line with Actionable Analytics

By Mark Whitman, Director, Supply Chain Diagnostix Services, Intalere Everywhere we turn in the healthcare industry today, we hear talk of “big data” and its growing and potential impact on healthcare delivery. The use of data will continue to grow as we move further and further down a path of pay for performance. Let’s look […]

Best Practices to Help Optimize Purchased Services Spend

by Chris Gormley, CEO, Medpricer and Marshall Busko, Senior Director, Information Technology Solutions, Intalere U.S. healthcare systems must reduce their total expenditures by 15-20 percent annually to keep up with reductions in Medicare reimbursements. While labor is the highest dollar expenditure for hospitals at 50-60 percent of revenue, systems don’t want to reduce staff levels […]