Standardize products with analytics

See how one health system identified actionable savings and SKU reduction opportunities

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The challenge

A health system located in the Southeast region of the U.S. was struggling to make informed product purchasing decisions due to limited:

  • Visibility to the products they were purchasing
  • People and system resources to analyze their data
  • Access to material-level details (Individual Unit Price, contracting, manufacturer, locations purchasing and volumes, etc.)

The solution

Cardinal Health helped the health system meet their product standardization goals with Spend Essentials™. The solution uses clinical input to identify actionable savings and SKU reduction opportunities based on current purchasing patterns for products purchased through Cardinal Health.

Key results

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$100K+
Anticipated savings from standardizing three product categories within one quarter of analysis

 

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3%
Anticipated savings in total annual spend

 

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17%
Anticipated SKU reduction across all facilities

 

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