Strategic Sourcing Solution

Prime can assist its members in reducing supply costs with a market-leading portfolio from Vizient. They maximize purchasing efficiency by offering a complete contract portfolio of quality, cost-effective products and services from the nation’s leading manufacturers and distributors. Vizient Strategic Sourcing solutions reduce total supply expense through comprehensive strategies for purchasing across all product categories.

  • National GPO Portfolio delivers savings by leveraging volume to negotiate best pricing on national contracts for categories in medical/surgical, cardiology/cath lab, radiology, laboratory, food and nutrition, pharmacy and non-medical supplies.
  • Pre-Commitment Program aligns business and clinical objectives to deliver high-quality supplies at lowest cost to providers based on a committed live negotiation process.
  • Purchasing Events drives savings on capital purchases through three unique sourcing strategies:
    • A quarterly Group Buy Program identifies up front suppliers to allow you to plan capital purchase by equipment and supplier.
    • The Group Buy Program implements a live competitive bid process based on customer's requirements and overall value combined with their committed volume to award a single supplier for a specific capital product by the end of a live event.
    • Bulk Buys aggregate a large quantity of similar medical device items into a single sourcing event. We negotiate special, one-time discounts and other enhancements beneficial to our customers.
  • Construction Solutions provides a set of tools and expertise to gain greater fiscal control of the building process, from contracting, subcontracting, interior design and equipment planning. An integrated project management process and leveraging Vizient national buying power, we deliver a high-compliance, high-ROI program managed and monitored through the Vizient Construction Portal.
  • Procure-to-Pay Solutions include e-Commerce Exchange, invoice management services, E-Payables, eProcurement, Item Master managed services, procurement management services and transaction management.
  • Physician Preference Items Consulting Services are consultative services to deliver significant savings on physician-driven expenditures through a proven methodology of data analysis, physician engagement strategy, consensus building, utilization processes and strategy implementation.
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Prime is an affiliate of Maryland Hospital Association Icon Maryland Hospital Association