Category: Benchmarking

Historical Benchmarks Can Be Even Better Than Good

Historical Benchmarks Can Be Even Better Than Good

Most department heads don’t believe third-party benchmarks. While our firm has over one million supply chain expense comparative benchmarks, more and more we are employing our clients’ own historical benchmarks since they can’t be disputed, discounted or ignored. This is because most hospital department heads and managers don’t believe third party benchmarks, so why not […]

Why Is Everyone and Their Grandfather Now Offering Purchase Service Expense Reduction Services?

Why Is Everyone and Their Grandfather Now Offering Purchase Service Expense Reduction Services?

Because it is easy savings for them to achieve while they charge you a big dollar percentage of savings! Stop giving away your hospital’s money in outrageously high contingent fees and instead go with a low cost Software-As-A-Service that gives you the big savings and support you need to achieve and sustain your purchase services […]

Where Are You Getting Your Benchmarks?

Where Are You Getting Your Benchmarks?

Multiple benchmarking sources ensure that you are getting them right the first time. Benchmarking is an art and a science, but there are some hard and fast rules that need to be followed to ensure the best results possible. One hard and fast rule is that multiple benchmarking sources ensure that you are getting them […]

The Future of Benchmarking

The Future of Benchmarking

Elevate your benchmarking for greater accuracy, reliability, and insight A recent survey by CAPS Research (co-sponsored by Arizona State University) of supply chain leaders indicated that there is a shift in benchmarking for greater accuracy, reliability, and insight because: (1) Analysis and summary of important metrics is regularly pulled up the hierarchical structure for review […]

Does Your Team Have Visibility and Control Over Your Purchase Services?

Does Your Team Have Visibility and Control Over Your Purchase Services?

BenchPlusManager.com – Helping hospitals and healthcare organizations save millions You could be leaving up to 11% to 18% in new supply savings on the table untouched! Three easy steps to quickly ring the towel dry on these multi-million dollar expenditures… 1. Build a case for change: Show your C-suite how much they are spending and what the […]

The Search for Best Practices

The Search for Best Practices

It’s not the metrics that count, but how they lead you to superior performance. There is one overlooked fact about benchmarking; that it is the search for best practices that leads to superior performance.  This is accomplished by utilizing metrics to determine performance “gaps” in your practices and then to understand why you are different […]

Benchmarking Still Drives Savings

Benchmarking Still Drives Savings

Industry embraced a simple idea in the 1980s. The idea was that it was possible to search for the best practices that will lead to superior performance by comparing cost, time or quality of one organization to another. This process is called benchmarking and it has been immensely successful in all industries—including healthcare — for […]

Bench Plus Manager

Bench Plus Manager

BenchPlusManager.com You could be leaving up to 11% to 18% in new healthcare supply savings on the table untouched! Does your team have the visibility and control over your purchase services?   Easy steps to quickly ring the towel dry on these multi-million dollar expenditures at your hospital: 1.           Build a case for change: Show […]