6 Cost Savings Tips for Purchasing Medical Parts

No matter what your role is in a hospital, at the end of the day, it’s all about providing high quality care to patients. That’s why we created a list of tips to help clinical engineers efficiently purchase only the best medical parts. These tips explain the resources available for determining, finding and maintaining medical parts. No one wants to put patients at risk, and that’s why it’s important to evaluate the procurement process.

Tip 1 – Stay on Top of FDA Standards

By Brian Tournoux, Vice President of Imaging Strategy and Product Development

Problem: Not only do clinical engineers need to worry about delivery and quality, but they also have the newly added FDA standards.

Solution: For proper vetting, record keeping and quality checks, bring your purchasing technology in-house. By utilizing a technology procurement solution, you’ll be able to improve how these parts are managed within your facility. For example, with ePartsFinder, you’ll be able to leverage the work that PartsSource has already done for you with competitive contract pricing and supplier measurement visibility.

Tip 2 – Optimize the Time Spent on Medical Part Searches

By David Sulak, National Sales Director

Problem: Clinical engineers can spend a lot of time on the phone, calling many suppliers to find just the right medical part. Yet, they are not getting the best pricing for that part.

Solution: To get the very best pricing, order your medical parts from a technology provider that has relationships with these suppliers. You’ll be able to take advantage of negotiated discounts.

Tip 3 – Improve Your Workflow Efficiency

By Nicole Hemphill, Business Development Director

Problem: Even though it’s a technologically advanced world, there are still many hospitals using manual tasks to purchase medical parts. Faster access to what is needed can lead to increased efficiency.

Solution: Automating workflow with a single, technology procurement solution can cut costs and decrease the time spent on order processing.

Tip 4 – Utilize Data to Improve Budgeting

By Aaron Stanley, Strategic Imaging Accounts Manager

Problem: To meet budgetary needs, clinical engineers sometimes find themselves having to make many phone calls to part suppliers. There can be last minute changes and ordering.

Solution: A technology procurement solution can help clinical engineers keep track of order history and more. This will help clinical engineers determine an accurate budget by seeing where they can cut costs.

Tip 5 – Consolidate Your Medical Parts Suppliers 

By Shawn Armstead, Imaging Product Specialist

Problem: The healthcare market is saturated with suppliers. Clinical engineers are using the web for supplier research more and more each day, which can be time-consuming and overwhelming.

Solution: Clinical engineers can get a holistic look at the market’s suppliers by utilizing a technology procurement solution. For example, PartsSource Pro leverages a supplier ranking model, where these engineers can view the suppliers’ performance scores.

Tip 6 – Increase Savings by Leveraging Bulk Pricing

By Pat Mascio, Biomedical Product Senior Specialist

Problem: Many clinical engineers are missing out on bulk buying discounts. They either don’t know it’s available, or they don’t have a location to warehouse the inventory.

Solution: Companies like PartsSource can provide these bulk pricing discounts because of the negotiated supplier contracts and warehouse accessibility.