Broadlane’s Live Group Buy Saves Client More Than 30 Percent on Capital Equipment Purchase

Share Article

Broadlane’s Live Group Buy recently saved Randolph Medical Center in Roanoke, Alabama more than 30 percent on a new Computed Tomography (CT) scanner compared to best price quote they received.

Logo

The savings exceeded our expectations. We paid 30 percent less than what was offered through the best quote we obtained on our own. Not only did we get state-of-the-art technology, but savings of this magnitude allowed us to fund other needed capital equipment.

Broadlane’s Live Group Buy recently saved Randolph Medical Center in Roanoke, Alabama more than 30 percent on a new Computed Tomography (CT) scanner compared to best price quote they received.

Broadlane’s Live Group Buys are unique because they are conducted in-person as a client-driven process designed to help providers acquire the best technology at the best possible value.

Chief executive officer Timothy Harlin and chief financial officer Jeff Kirkpatrick of Randolph Medical Center faced the challenge of buying a new CT scanner. They needed to determine and acquire the best technology to meet the current and future needs of their community, while remaining fiscally responsible. They attended Broadlane’s Live Group Buy after hearing about it through peers.

“Of course, I had concerns about how successful the process would be, since there was a great deal of technical information that would have to be covered during the event, along with contract negotiations and financial analysis,” said Harlin. “It is natural to be a little skeptical when you hear about a new process that claims to have phenomenal results; however, we found the process to be completely customer-driven, vendor-neutral and extremely competitive. In addition, we had access to Broadlane and other clients’ valuable expertise and perspectives. We were also able to engage in the actual vendor negotiation which was a valuable experience.”

“The savings exceeded our expectations. We paid 30 percent less than what was offered through the best quote we obtained on our own. Not only did we get state-of-the-art technology, but savings of this magnitude allowed us to fund other needed capital equipment.”

To view the entire Randolph Medical Center case study, visit http://www.broadlane.com/products/casestudies/RMC.pdf.

Use the Power of Live Group Buy

The Broadlane Live Group Buy process is unique within the industry: “Live” means the group buy is conducted in person. Participants determine and weight the criteria used to evaluate the equipment and suppliers. Participants then rate supplier technology, identify key operational support components, participate in live negotiations and ultimately make a contract award.

Broadlane has invited ECRI Institute as an unbiased expert for two upcoming Live Group Buys: Computed Tomography (CT) Live Group Buy – March 26-28 and Magnetic Resonance Imaging (MRI) Live Group Buy – May 28-30. ECRI Institute, an independent, nonprofit organization that researches the best approaches to improving patient care, will serve as an unbiased expert, offering equipment purchasing clients the inside track on the latest medical equipment.

If you are interested in attending a Broadlane Live Group Buy or have any other questions, please visit http://www.broadlane.com/groupbuyad.html or contact Patricia Coffey at 866.276.2356, ext. 7520 or patricia.coffey @ broadlane.com.

About ECRI Institute
ECRI Institute, a nonprofit organization, dedicates itself to bringing the discipline of applied scientific research to healthcare to uncover the best approaches to improving patient care. As pioneers in this science for 40 years, ECRI Institute marries experience and independence with the objectivity of evidence-based research. ECRI Institute is designated a Collaborating Center of the World Health Organization and an Evidence-based Practice Center by the U.S. Agency for Healthcare Research and Quality. For more information, please visit http://www.ecri.org.

About Broadlane
Broadlane is a leading supply chain services company serving thousands of acute care hospitals, ambulatory care facilities, physician practices and other healthcare providers throughout the United States.

Broadlane provides comprehensive supply chain services including:

  •     High-powered national & custom contracting
  •     Innovative Procurement Services & technology
  •     Informatics – benchmarking, analytics and reporting
  •     Deep clinical & operational expertise
  •     High-touch client service

Broadlane's clients include leading providers such as Advocate Health Care, Ascension Health, CHRISTUS Health, Continuum Health Partners, Kaiser Permanente, Kindred Healthcare, MedCath Corporation, New Hanover Regional Medical Center, Sisters of Charity of Leavenworth Health System, St. Luke’s Episcopal Health System, Tenet Healthcare, The Health Alliance of Greater Cincinnati, US Oncology, UMass Memorial Health Care and William Beaumont Hospitals.

The company is headquartered in Dallas with offices in California, New York and Ohio. For more information, visit http://www.broadlane.com.

Media Contact: Jim Webb
Broadlane
972.813.7782
jim.webb @ broadlane.com

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jim Webb
Visit website

Media