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Benchmark your way to greater insights and savings in purchased services

Posted by Matt Clark on Dec 8, 2016 2:40:34 PM

Visualizing purchased services spending is essential for controlling costs at any hospital or health system. After all, purchased services comprise 45 percent of a hospital’s non-labor budget. The ability to drill down on spending across a well-organized hierarchy of more than 1,200 potential purchased services categories provides an even more precise picture of how dollars are being spent. Spending data alone, however, offers only directional insights.

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Topics: Benchmarks

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