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What's Right
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What's Wrong?
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Bill-only transactions allow hospitals to void stocking un-predictable supplies, avoid expiration |
Supplies are generally more expensive when they are consigned as opposed to purchased by the hospital; missed priced POs can result in
chronic overpayment
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Bill-only programs allow the hospital to avoid managing extensive supply catalogs (typical bill-only vendor may have 5,000+ catalog numbers)
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Price control options are laborious and limited - be it confirming price on each PO manually or creating new item file numbers on
the fly
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Capitation pricing agreements and other programs can produce real savings |
MMIS Item Files are often limited to having only one price per item making it difficult or impossible to fully automate and control
requisitions for these supplies |
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Consignment and bill-only enables hospitals to minimize supply expense, keep up with product proliferation |
At 15-30% of the entire
supply budget, bill-only transactions represent an incredible amount of dollars to be flowing outside of the formal MMIS PO process |
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Physician satisfaction is higher as supplies are almost guaranteed to be available |
Existing manual and semi-manual bill-only
processes make it difficult to analyze product utilization by physician, procedure, cost center, etc. |
