Tuesday, October 1, 2013

Achieving accurate product pricing

As medical supply prices have steadily risen in recent years, many hospitals have turned to group purchasing organizations to buy in bulk and keep costs down, but group product purchasing also complicates the product supply trail, often leading to errors that prevent fulfillment, delivery and payment.

The primary reason that medical supply orders go astray is pricing mismatches, said Steve Inacker, president of hospital sales and services, medical segment at Cardinal Health in Dublin, Ohio.

(Read my complete article at Healthcare Finance News)

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