Healthcare providers face increasingly severe economic pressure as equipment and personnel costs increase, payments from Government programs such as Medicare reduce, competition from alternatives such as diagnostic–imaging centers, endoscopy suites, and specialty hospitals becomes more intense and health care consumers become more value conscious. Many hospitals are barely breaking even. As a result there is a very sharp focus among healthcare providers on lowering their operating costs. Streamlined corporate spend is a key element of that strategy.
Ketera provides healthcare providers with the applications and services needed to control and reduce corporate spending at a low cost of ownership. Its on demand suite includes applications for spend analysis, sourcing, contract management, e–procurement, and payment & reconciliation. The combination of these hosted applications along with services such as implementation, supplier enablement and system administration has allowed leading hospitals such as El Rio Health Center to streamline their corporate spend and reduce their overall costs. |