--- title: Medpricer Healthcare Supply Chain Insights description: Learn powerful tips and strategies for decreasing costs in purchased services --- [Call Us (888) 453-4554](tel:888-453-4554) - [Linkedin](https://www.linkedin.com/company/conductivinc/?viewAsMember=true) - [Twitter](https://twitter.com/Conductivinc) ![Conductiv Logo_White-300](https://blog.conductiv.com/hs-fs/hubfs/Conductiv%20Logo_White-300.png?width=153&name=Conductiv%20Logo_White-300.png)   - [Home](https://www.medpricer.com) - [Products](https://conductiv.com/products) - [Conductiv Contracts](https://conductiv.com/products/conductiv-contracts) - [Conductiv Platform](https://conductiv.com/products/conductiv-platform) - [Pipeline Performance Management](https://conductiv.com/products/conductiv-platform/pipeline-performance-management) - [Analytics](https://conductiv.com/products/conductiv-platform/analytics) - [Contract Intelligence](https://conductiv.com/products/conductiv-platform/contract-intelligence) - [Negotiate](https://conductiv.com/products/conductiv-platform/negotiate) - [Diversity Equity and Inclusion](https://conductiv.com/products/conductiv-platform/diversity-equity-inclusion) - [Supplier Performance Management](https://conductiv.com/products/conductiv-platform/supplier-performance-management) - [Conductiv Services](https://conductiv.com/products/conductiv-services) - [Solutions](https://conductiv.com/solutions) - [Accelerate Contracting](https://conductiv.com/solutions/accelerate-contracting) - [Lumen](https://conductiv.com/solutions/lumen) - [Goal Setting](https://conductiv.com/solutions/goal-setting) - [Spend Optimization](https://conductiv.com/solutions/spend-optimization) - [Suppliers](https://conductiv.com/solutions/suppliers) - [Success Stories](https://conductiv.com/success-stories) - [Resources](https://conductiv.com/resources) - [Company](https://conductiv.com/company) - [Leadership](https://conductiv.com/company/leadership) - [Careers](https://conductiv.com/company/careers) - [Request a Demo](https://conductiv.com/company/contact) # Medpricer Insights - [Home](https://msource.info/)/ - [Medpricer Insights](https://blog.conductiv.com)/ - Medpricer Insights [![AdobeStock_105366186.jpeg](https://blog.conductiv.com/hubfs/AdobeStock_105366186.jpeg)](https://blog.conductiv.com/survey-respondents-report-unmanaged-purchased-services-missed-savings-leave-hc-organizations-more-vulnerable-to-financial-pressure) ## [Survey Respondents Report Unmanaged Purchased Services; Missed Savings Leave HC Organizations More Vulnerable to Financial Pressure](https://blog.conductiv.com/survey-respondents-report-unmanaged-purchased-services-missed-savings-leave-hc-organizations-more-vulnerable-to-financial-pressure) June 21, 2017 Medpricer is pleased to announce the upcoming conclusion of its "Pulse of the Market" survey of healthcare executives involved in the supply chain. Alarming... [![](https://blog.conductiv.com/hubfs/AdobeStock_86210140.jpeg)](https://blog.conductiv.com/how-to-improve-cash-flow-by-sourcing-the-right-revenue-recovery-collection-services-partner-in-healthcare) ## [Improve Cash Flow by Sourcing the Right Revenue Recovery Partner in Healthcare](https://blog.conductiv.com/how-to-improve-cash-flow-by-sourcing-the-right-revenue-recovery-collection-services-partner-in-healthcare) June 05, 2017  With continuously declining reimbursements, hospitals cannot afford to lose more revenue which is why it is more important than ever to recover patient payments... [![Beckers hospital-logo.png](https://blog.conductiv.com/hubfs/Beckers%20hospital-logo.png)](https://blog.conductiv.com/supply-chain-tip-of-the-day-use-precision-benchmarking-for-purchased-services) ## [Supply chain tip of the day: Use precision benchmarking for purchased services](https://blog.conductiv.com/supply-chain-tip-of-the-day-use-precision-benchmarking-for-purchased-services) May 31, 2017 Product benchmarking can be based on simple ratios related to volume, price and geography. However, in purchased services, ratio benchmarks provide no insight into... [![Purchased-Services-for-Healthcare-Systems.jpg](https://blog.conductiv.com/hubfs/Purchased-Services-for-Healthcare-Systems.jpg)](https://blog.conductiv.com/the-1-way-your-health-system-can-avoid-layoffs-and-service-cuts) ## [The #1 Way Your Health System Can Avoid Layoffs and Service Cuts](https://blog.conductiv.com/the-1-way-your-health-system-can-avoid-layoffs-and-service-cuts) May 04, 2017 Across the nation, the healthcare industry is facing severe financial crisis resulting in layoffs, cuts in services and “all sorts of terrible things”. Some of the... [![healthcare-benchmarking.jpg](https://blog.conductiv.com/hubfs/healthcare-benchmarking.jpg)](https://blog.conductiv.com/what-does-benchmarking-really-mean-in-purchased-services) ## [What Does Benchmarking “Really” Mean in Purchased Services?](https://blog.conductiv.com/what-does-benchmarking-really-mean-in-purchased-services) April 09, 2017 Purchased services benchmarking is distinctively different from medical/surgical and commodity products. Product benchmarking is easy in relation to purchased... [![HFMA MaineHealth Article Chart Dec 2017.png](https://blog.conductiv.com/hubfs/HFMA%20MaineHealth%20Article%20Chart%20Dec%202017.png)](https://blog.conductiv.com/mainehealth-uncovers-savings-in-purchased-services) ## [MaineHealth Uncovers Savings In Purchased Services](https://blog.conductiv.com/mainehealth-uncovers-savings-in-purchased-services) March 15, 2017 By Luis Soto and Emil Layacan Cloud-based technology and external support helped MaineHealth improve its data collection and analysis, as well as its negotiation... [![ThinkstockPhotos-80617495 office furniture.jpg](https://blog.conductiv.com/hubfs/ThinkstockPhotos-80617495%20office%20furniture.jpg)](https://blog.conductiv.com/why-you-may-not-be-getting-the-best-price-on-furniture-procurement-and-what-to-do-about-it) ## [Why You May Not be Getting the Best Price on Furniture Procurement and What to do About it](https://blog.conductiv.com/why-you-may-not-be-getting-the-best-price-on-furniture-procurement-and-what-to-do-about-it) February 22, 2017 Are you averaging 13% to 17% savings in furniture procurement?  If not, read on because I have a process that will help you drive more savings in this area. [![](https://blog.conductiv.com/hubfs/AdobeStock_26754713.jpeg)](https://blog.conductiv.com/e-negotiation-is-not-a-reverse-auction) ## [3 Ways eNegotiation is a Better Alternative Than Reverse Auctions for Purchased Services.](https://blog.conductiv.com/e-negotiation-is-not-a-reverse-auction) January 12, 2017 If you are looking for ways to dramatically decrease the costs of purchased services, you may want to consider eSourcing as a way to do this. There are two types of... [![](https://blog.conductiv.com/hs-fs/file-4051172544-jpg/blog-files/benchark-blog-post-part-2-300x200.jpg)](https://blog.conductiv.com/why-most-purchased-service-benchmarks-dont-work-what-you-can-do-about-it-part-ii/) ## [Why Most Purchased Service Benchmarks Don’t Work & What You Can Do About It – Part II.](https://blog.conductiv.com/why-most-purchased-service-benchmarks-dont-work-what-you-can-do-about-it-part-ii/) December 19, 2016 Last time, we discussed why Purchased Services benchmarking requires a unique analytical approach that differs from the process of simply comparing product costs,... [![](https://blog.conductiv.com/hs-fs/file-4051172314-jpg/blog-files/understanding-data-header-300x173.jpg)](https://blog.conductiv.com/why-most-purchased-service-benchmarks-dont-work-what-you-can-do-about-it/) ## [Why Most Purchased Service Benchmarks Don’t Work & What You Can Do About It.](https://blog.conductiv.com/why-most-purchased-service-benchmarks-dont-work-what-you-can-do-about-it/) December 05, 2016 Throughout my nearly ten years managing purchased service sourcing initiatives for health systems across the country, I’ve been provided countless third-party... 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