Sustainable Savings with End-to-End Purchased Services Management

Our team of experts can analyze your contracts across your most important purchased services categories and identify hidden savings opportunities. Request a free demo or consultation to learn more!

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Purchased Services Solution

Purchased Services Solution

Hospital Purchased Services Solution

The stakes are as high as ever for healthcare leaders like you to make the right moves. To identify sustainable savings yet provide high-quality care at affordable prices. To be the provider of choice, but not at the expense of your profits. To cut costs without cutting corners. It gets tougher and tougher every year to achieve these objectives, and how you decide to adapt will impact the communities you serve for years to come. TractManager is here to help you chart a path forward.

An Innovative Approach to Achieving High-Dollar Savings Targets

TractManager establishes intelligent total spend management as the foundation of your hospital’s purchased services program. Our solution represents the harmonization of software, the nation’s largest collection of purchased services market intelligence, industry-leading contract lifecycle management know-how, and professional services. With the combined power of these resources, you can strategically target and capitalize on historically neglected savings opportunities.

Online Access to Personalized Spend Insights

The first step to hitting your savings targets is to take inventory of your spending habits. Our mobile-friendly, web-based Spend Dashboard provides hospitals and health systems with the ability to centralize, visualize, categorize, analyze, and monitor their Purchased Services expenditures. Contact an adviser to learn more.

Hands-On Project Management

To realize the full benefit of your purchased services, you need to take a strategic approach to the entire process, from RFP management through benchmarking and savings assessment to contract review and measuring vendor performance. Our Sourcing Advisors serve as project managers for your team. They will guide you through each phase of the sourcing process, resulting in lower Purchased Services costs and optimized operational efficiencies. Moreover, our team’s expertise is far from limited to clinical services. We provide consultative engagement across all purchased services categories: ancillary, facility support, financial, HR, insurance, and IT & telecom.

Negotiate with Confidence

No one wants to leave money on the table. Arm yourself with TractManager’s industry-leading benchmarking data and strategic insight into more than 250 major hospital purchased services categories, including 1,500+ subcategories (e.g., courier services, document management, food services, blood services, dialysis services, etc.). Our pricing and language recommendations are supported by 3 million contracts nationwide, spanning 20,500 local, regional, and national service providers.

Achieve Your Goals with Exceptional Advisory Services

Addressing the shrinking margins associated with purchased services can tax the capacities of even the largest and most mature health systems. Should you need it, our Professional Services team is here to help you maintain a competitive edge in the ever-changing healthcare vendor marketplace. Whether we are providing end-to-end RFP management or negotiating on your behalf, we’re ready to make a positive impact on your organization’s bottom line.

The Tools You Need to Create Value

Design and deploy operational efficiencies with our full suite of online resources. When you partner with TractManager to upgrade your approach to Spend Analytics, Strategic Sourcing, and Project Management, you’ll also save time and effort with the following modules:

  • ExpertRFP™ – Automate and streamline the time-consuming process of drafting, publishing, and evaluating RFPs. Take advantage of our library of more than 100 pre-built templates or build your own custom, category-specific RFPs. We also make it easy both to distribute digital RFPs to service providers and to receive, analyze, and compare their responses in side-by-side views.
  • Executive Summary – Visualize, monitor, and manage your purchased services project activity, in real time, all on a single page. With access to this dashboard, you can view all your organization’s projects, breakdowns of the status of each current project, and a summary of the identified and negotiated savings resulting from your projects.
  • Project Tracking – Collaborate with your Sourcing Advisor more consistently, and more easily. Project Tracking enables project worklist sharing across your organization. You can manage user roles and permissions, ensuring that the right project details and documents—including contracts and analyses produced by TractManager—are available to the right stakeholders at the right time.

Meet Our Experts

Our highly qualified team of experts is ready to help you.

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