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The materials management platform is the backbone of supply transactions at every hospital but when the MMIS' functionality
and standard supply processes are not followed, transaction control and pricing accuracy takes a hit. Such is the case in
nearly every hospital when it comes to dealing with bill-only product transactions (also known as consignment, scrub POs,
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walk-ins, trunk stock, etc.) in which the supply chain only becomes aware of a product after it has been used in a patient.
BlackTie's HandOff Service is designed to organize, standardize and improve this critical transaction area. And just in time...
The value of bill-only transactions will soon rise to over 25% of the average hospitals entire supply spend.
From contract price list management to procedure documentation. From look-up to entry. Routing to approval. PO to reports. HandOff™ can help.
The Challenge: To avoid bloated, unpredictable inventories, hospitals put up with largely manual, slow, disjointed, "...after the fact" purchase order management.
Being able to avoid stocking unpredictable, costly supplies usually benefits the hospital's operating bottom line and vendors generally welcome being involved in cases with physicians. However, these supply practices leave both parties with an "after the fact" purchasing process that is not only "playing catch up" to the standard P.O. process, but one that also places significant demands on the hospital and the vendor from a documentation, audit and pricing accuracy standpoint.
Conclusion... The typical bill-only and contract price management processes are insufficient from a process, data and control standpoint. And the related procedure volume and corresponding supply cost is only going up in the coming years...
An alternative is needed and that alternative is BlackTie's HandOff™.
Hospitals need to:
- Better manage the non-standard P.O. process to save time and manage costs as well as improve audit control
- Close the loop on the invoice submission and approval process for bill-only's, consignment, etc.
- Manage capitations and tier pricing more efficiently
- Connect staff and vendors in order to automate manual tasks that exist outside of the available functionality in the hospital's MMIS system
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