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Bill-Only Purchasing with Grant Siders
Manage episode 481094526 series 3577216
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Grant Siders, CEO of Helia Care, joins Janette Wider on this week's episode to discuss the ins and outs of bill-only purchasing. Bill-only purchasing in healthcare represents 50% or more of a hospital’s supply chain expenditures. Yet provider POs are not aligned with supplier contracts when the transaction takes place. This results in massive economic waste and a process of reconciliation that is very time consuming and frustrating.
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