Hospitals and Physicians Face Major Spending Hurdles

The current market methodology is flawed because it offers complicated pricing formulas based on tiered pricing, volume commitments, and/or performance targets, which limit the freedom to choose any vendor

Physician Choice Limited

Vendors want fewer competitors and thus offer modest discounts in return for reducing Vendors, which eliminates some Vendor product and ultimately the physician’s ability to choose.

Supply Chain Challenged by Pricing Models

Supply Chain faces many hurdles:, including complicated pricing and Vendor invoicing.

Complicated Pricing. Vendors disguise pricing through tiered volume commitments, which makes discounts hard to track and costly to quantify
Paper Invoices. Vendors have digitized the sale of product but continue to use a paper invoicing process with the use of product, resulting in upcharges and misalignment with product use

Group Purchasing Organizations (GPOs) lack Clinical Expertise

GPOs combine the spend of various health systems to create volume discounts because GPOs lack the clinical knowledge to price clinical product. This GPO methodology works against health systems and physicians by eliminating the freedom of choice, and plays right into the hands of vendors by reducing competition

LIBERTAS Implant Solutions

LIBERTAS Implant Solutions

Hospitals and Physicians Face Major Spending Hurdles

The current market methodology is flawed because it offers complicated pricing formulas based on tiered pricing, volume commitments, and/or performance targets, which limit the freedom to choose any vendor

Physician Choice Limited

Supply Chain Challenged by Pricing Models

Group Purchasing Organizations (GPOs) lack Clinical Expertise