Eisenhower Medical Center Renews Relationship with BroadJump for Supply Chain Data and Analytics
Leading Medical Center Extends Contract with BroadJump, Exceeds Cost Savings Goals
Dallas, TX, February 03, 2016 – BroadJump, LLC announced today that Eisenhower Medical Center in Rancho Mirage, California has renewed its contract with BroadJump for supply chain analytics. BroadJump offers a suite of on-demand, Web-based analytic tools that allow hospitals and health systems to quickly reduce their costs for medical supplies, which can represent up to 20 percent of a hospital’s operating expense. The company drives efficiency in supply chain management and provides transparency into the market for products hospitals currently use.
“BroadJump provided our materials management team with the data intelligence it needed to achieve fair market pricing for the supplies we purchase for patient care,” stated Ken Wheat, senior vice president and chief financial officer at Eisenhower Medical Center.
“We set a hard-dollar cost savings goal and exceeded it within the first several months of our BroadJump implementation, making our decision to renew our contract an easy one.”
BroadJump’s AutoPricer™ allows hospitals to compare the details of their current spend – i.e., price per item, volume and percentage spend by category or supplier – with the same information from hundreds of other hospitals. Results can be filtered to ensure peer comparison based on size, system status and other factors. With a few clicks, hospitals can easily assess the favorability of their pricing compared to other hospitals and identify savings opportunities.
“We have been using the BroadJump platform since 2014,” stated Joanne Singh, director of materials management at Eisenhower Medical Center. “We have great physician support for our proactive efforts to ensure we pay current market prices for our supplies. When evaluating a new product, physicians routinely ask us if we have ascertained the market price using BroadJump.”
“We are pleased that Eisenhower Medical Center outperformed its own expectations for achieving measurable cost savings through the use of BroadJump’s data analytics,” stated David Ricker, chief executive officer for BroadJump. “We look forward to continuing our support of Eisenhower Medical Center’s materials management team and the hospital’s overall cost savings goals.”
About Eisenhower Medical Center
Eisenhower Medical Center is a dynamic, progressive health care complex comprised of a 476-bed hospital, the Annenberg Center for Health Sciences at Eisenhower, and the Barbara Sinatra Children’s Center at Eisenhower in addition to its outpatient facilities in Palm Springs, Cathedral City, Rancho Mirage and La Quinta. The Betty Ford Center is also located on the Eisenhower campus. Eisenhower not only offers the highest quality health care for residents and visitors, but additionally provides a broad range of educational programs for the public, and for health care professionals. For more information visit www.emc.org.
About BroadJump, LLC
BroadJump LLC (BroadJump) delivers supply chain analytics that drive greater efficiency and enable hospitals and health systems to manage their supply costs on-demand. Through the use of its Web-based applications, BroadJump’s clients gain access to neutral, unbiased analysis of supply chain costs. The company’s in-depth reporting provides insight into each client’s true costs, and how those costs compare to its peers. The BroadJump platform is powered by the fastest growing and most up-to-date repository of healthcare supply chain data available anywhere. For more information, please visit www.broadjumpllc.com.