Simple Ways to Cut Costs from Your Daily Expenses When Purchasing Medical Equipment, Supplies, and Services

Save on Medical Equipment, Supplies & Services

For owners and managers of surgery centers who wear many different hats, every minute and every dollar counts. By re-evaluating some of the things you’re already doing, you may be able to save time and money on your medical supply expenses. 

1. Join a Group Purchasing Organization (GPO) to get the best pricing on medical supplies!

   GPOs leverage the purchasing power of their members to get you premier pricing on contracts and services for items you’re currently purchasing. These result in immediate cost-savings on medical equipment, supplies and services that impact your bottom line.
   
   *Don’t view your GPO as the customer/end user, GPOs don’t buy anything; they are a key component in influencing behavior at some customer levels*
   
   

2. Revisit and Revise Current GPO Contracts

   If you’re already a member of a GPO, use them! Check in with your account manager to make sure you’re making the most out of the group’s portfolio of products and services. Complete regular audits. Chances are there are contracts for medical supplies and surgical supplies you’re currently buying on an individual basis. A healthcare GPO is vendor neutral so there may be alternate options to your current products that will save you money on your medical supplies.
   
   

3. Go Electronic to Manage Inventory Control

   Many national distributors have tools to assist you with inventory control. Instead of manually keeping track of your inventory through spreadsheets, you might be able to access electronic management software at no additional cost. This could potentially result in significant time savings.
   
   

4. Go Online and Find Other Savings on Medical Supplies

   Lastly, you’ve probably used an on-line service (like Amazon) in your personal life; why not use one in your place of work? Use the website(s) available to you through your GPO. Ordering on-line can also take additional paperwork out of your day and provide you with alternate products at a reduced price.

For any questions on the above, feel free to contact us! We would be happy to help you create a plan to cut costs.