NC hospital saves $1.3M moving to Premier from another GPO
Carteret General Hospital, a 135-bed, not-for-profit, full-service hospital in Morehead City, NC, offers a range of services including a birthing center, cancer treatment center, imaging center, specialty clinic, a Hospice, home health, cardiac rehab, and extended care.
Situation:
With limited resources, materials management wants to purchase supplies and services as cost effectively and efficiently as possible without compromising quality or safety – with special emphasis on ensuring the use of Premier contracts.
Solution:
Employ SpendAdvisor MySpend, an innovative spend management decision-support tool; it allows users to analyze supply spend and identify savings opportunities, using scrubbed data and comparative reports to guide purchasing decisions.
Result:
Carteret General realized supply savings of $300,000 in the first four months after installation and without the addition of staff.
"MySpend paid for itself in about two hours after I started with it. In 24 hours, we were up and running. . . . We don’t have FTE resources as larger hospitals where they have contract managers to keep up with these initiatives. . . . I handle it myself. I run MySpend myself because it’s easy."
Steve Broughton
Director of Materials Management
Carteret General Hospitali