Medpricer, a cost management solution for healthcare, today announced that MaineHealth was awarded and recognized as a “Center of Excellence in Purchased Services Management” on December 12^th. Medpricer Vice President of Sales Emil Layacan presented the award to MaineHealth’s team, led by MaineHealth Vice President of Supply Chain Management Luis Soto. The award recognizes the organization’s advancements in conducting sourcing events on purchased service contracts, which was achieved through combining purpose-built technology and stakeholder engagement.

MaineHealth has explored purchased services as a robust area of savings, and is determined to find balance between cost and quality. MaineHealth has set the gold standard for developing a best-in-class purchased services strategy. With the support and committed partnership from Medpricer, MaineHealth can now run cost analytics on their service spend and negotiate service bids in less time. By leveraging categorical expertise and using automation workflows, the Supply Chain Team is able to pursue complex categories and manage a variety of sourcing activities more efficiently. Furthermore, their procurement team has had success in garnering stakeholder alignment and producing desirable results. Their internal process supports collaboration across multiple departments and simplifies the procedures to determine business justification.

“The cooperation among MaineHealth’s contract managers and leadership, with support from their analytics team and internal category experts, to complete in-house sourcing events exemplifies the best practices in facilitating collaboration and transparency,” explained Medpricer CEO Chris Gormley. “We look forward to helping them broaden their strategy to analyze and complete service contracts.”

For more information, please visit http://www.medpricer.com/