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Healthcare Industry e-Procurement Solutions
Hospitals and healthcare organizations struggle to strike and maintain a balance between providing high-quality patient care and controlling the rising costs of medical supplies and equipment.
In addition to drugs and medical devices, hospitals spend billions of dollars each year on non-medical supplies such as cleaning products, bed sheets and food. Traditional methods for sourcing these items, via telephone, fax and mail are expensive, time consuming and inefficient. HedgeHog enables hospitals to move beyond paper-based procurement procedures to a seamless electronic process that is designed to substantially reduce order-processing cycle times and administrative costs. On average, HedgeHog’s healthcare clients have realized a nearly 20 percent savings in about an hour.
With HedgeHog’s on-demand e-procurement solutions, hospitals and healthcare organizations can exponentially improve the efficiency and accuracy of the total procurement process. Using our software and support services they can also:
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Shorten supply cycles |
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Reduce the cost of processing orders |
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Reduce inventory |
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Gain greater negotiation power |
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Increase control and automation of the procurement process |
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Source more effectively |
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Connect with a larger base of suppliers |
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Optimize spending on services |
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Automate the bid collection process |
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Review & analyze spend & event records |
HedgeHog’s Web-based purchasing solutions enable caregivers to focus on higher-quality patient care and provide hospital administrators with the tools they need to significantly lower purchasing costs.
HedgeHog also offers healthcare providers an opportunity to pass the savings along to their patients by developing a customized marketplace exchange that creates a means to reduce costs for prescription drugs. This exchange provides an open and competitive marketplace for purchasing prescription drugs by linking consumers and prescribers with pharmacies and manufacturers in a live auction format. Find out more about HedgeHog’s healthcare exchange.
We provide healthcare institutions with improved functionality to :
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Develop sourcing & e-negotiation strategy |
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Identify & qualify suppliers |
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Analyze & assess spend |
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Create & manage RFXs |
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Run professional e-negotiation events |
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Produce real-time spend reports & bid analysis |
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Evaluate vendor performance |
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