Defining Purchased Services

Everyone has a different definition of what falls under the broad description of purchased services. This is actually a big issue within the healthcare industry because this inconsistency makes it very difficult to measure the exact size of the market. If the entire industry truly understood that purchased services accounts for more spend within a hospital than medical/surgical and physician preference items, then they would be putting the same (or more) effort behind market intelligence to help drastically lower their costs in this space.

Defining Purchased Services Control, Define, Measure, Analyze, Improve

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