Integrated solutions for third-party services improvement and spend management.
Integrated solutions for third-party services improvement and spend management.
Accelerate sourcing timelines with service providers using pre-approved contracts.
Illuminate spend, find savings opportunities, and automate negotiations.
Pipeline Performance Management
Analytics
Contract Intelligence
Negotiate
Significant FiguresA Practical Guide to Unprecedented Cost Savings in Purchased Services Optimize your third-party services through cost reduction and supplier relationship strategies. Regardless of where your organization is on your purchase services program journey, this book guides you to success within your organization.
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Purchased services, a vital part of the healthcare ecosystem and delivery of patient care continuity, make up an average of 15-25% of a hospital’s operating costs. Optimizing supplier relationships, performance, and spend can safeguard a health system’s operations and reduce regulatory risk. However, purchased services optimization has been largely unexplored due to its complexity and magnitude… until now.
Leveraging Conductiv’s proprietary purchased services maturity assessment, Significant Figures couples a diagnosis of your organization’s purchased services strategic efforts with methodologies to optimize third-party spend through prescriptive, realistic applications to implement said strategies.
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Our Resources Packet Provides
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Award Scoring TemplateTrack, compare, and determine the scores of your prospective suppliers with this Award Scoring template. |
Executive Buy-In TemplateThis template will guide you through building a case for action and ultimately winning executive support through spend breakdowns, key value factors to calculate ROI, and more. |
Conductiv® Contract Expiration Summary TemplateCollecting and analyzing AP spend and contract expiration data across all service lines is the first step to overcoming barriers to success. |
Job Description: Supply Chain Strategic Sourcing SpecialistJob description for a Supply Chain Strategic Courcing Specialist that includes summary, responsibilities, requirements, specifications, working conditions, and more. |
Conductiv® Analytics - Spend Data Collection TemplateCollecting and analyzing AP spend and contract expiration data across all service lines is the first step to overcoming barriers to success. |
Conductiv® Comprehensive CharterAn award charter establishes criteria for contract awards, which results in the information your stakeholder committee requires to make decisions. |
AssessmentDiagnose the sophistication of your purchased services efforts and discover where your program lies on the maturity continuum.
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Affirmation of CommitmentThis document is intended to formalize stakeholders’ commitment and adherence to the governing process and provide a clear visualization of goals and objectives.
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Job Description: General Purpose Category ManagerJob description for a General Purpose Category Manager that includes summary, responsibilities, requirements, specifications, working conditions, and more.
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Job Description: General Purpose Category AnalystJob description for a General Purpose Category Analyst that includes summary, responsibilities, requirements, specifications, working conditions, and more. |
David Hargraves leads Premier Inc.'s core supply chain business, including sourcing, contract management, operations, direct sourcing, and business analytics. With more than two decades in supply chain leadership roles, Hargraves career centers around lowering the cost of healthcare. Hargraves holds an AAS in Biomedical Engineering Technology from Penn State University, a BS in Organizational Leadership from Duquesne University, and an MBA with a concentration on Healthcare Administration from Waynesburg University.
Chris Gormley developed revolutionary purchased services platform for Conductiv meanwhile positioning the company to scale. With decades of AI, predictive analytics, eSourcing and cloud technology expertise, Chris leads innovative purchased services solutions and third-party optimization efforts for organizations looking for cost savings and supplier relationship improvement strategies. Gormley holds a BS in chemical engineering from Worcester Polytechnic Institute and an MBA, Finance & Strategy from The Wharton School.
Mickey Meehan is an advocate of advancing technology to achieve business goals, Meehan has built his career around helping healthcare providers to simplify their operations. He is credited with designing and implementing the first machine learning algorithms for automated classification and price/service level prediction in purchased services. Meehan holds a BA in Accounting & Finance from Villanova University.
Lindsay Wise, with more than a decade of strategic marketing and communications expertise, serves mid-sized high-growth companies through acquisition. Wise is a thought leader who has written dozens of articles on the topic of purchased services that have been featured in prominent healthcare publications, such as Becker’s Hospital Review, Spend Matters and more. She also directs content for Conductiv’s Procure Pulse Podcast, a source for purchased services excellence. Wise holds BAs in Psychology and Anthropology from University of California, Davis.
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