TractManager’s Negotiating Tips Can Help Healthcare Organizations Save on Capital and Purchased Services
Summary
U.S. hospitals and health systems are trying to balance an impossible triad of managing financial pressures while investing in technological innovation and improving the quality of care and patient outcomes. With expenses rising and revenue growth hard to come by, accurate, real-time data combined with vendor negotiation skills can significantly impact the cost curve. Deploying proven contract negotiation strategies can help hospitals stretch their dollars, increase value, and achieve desired savings while improving their relationships with vendors. Never underestimate the power of curiosity, and the dogged pursuit of complete transparency.” “Success at the negotiating table is key to controlling healthcare costs,” notes Barry Dyer, Senior Vice President of Consulting at TractManager. After only two projects, we’re halfway there.’” Healthcare administrators are invited to read more about these proven techniques, which address not only cost savings, but also ways to strengthen contracts and shift the conversation at the negotiations table in their favor.