AutoPricer™
Access to Competitive Medical-Surgical Market Pricing
Market pricing in many medical-surgical supplies decreases on an ongoing basis. AutoPricer™ is the most practical and intuitive sourcing application on the market today that allows our clients to analyze their medical-surgical supply purchases as compared to other hospitals and health systems purchasing the same products via GPOs and self-contracted agreements. With AutoPricer™, our clients no longer have to move to RFPs to improve their medical-surgical supply pricing – this sourcing application provides them with the necessary market pricing data to eliminate any refutes from their suppliers.
AutoPricer™ delivers an average ROI in 90 days and our clients experience a minimum of 6% annual cost savings over budgeted supply savings.
Core Functionality
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Determine realistic opportunities with SKU-to-SKU pricing comparisons against peer organizations
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Validate and compare proposed pricing from current and new suppliers
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Run market share queries to identify opportunities in highly compliant categories within minutes
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For multi-hospital/facility systems, briefly run a Price Parity query to identify opportunities for immediate savings by paying the same product price across your organization
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AutoPricer™’s Playbook™ feature is a decision support tool that provides an automated project workflow template from which to identify, prioritize and execute on key cost savings opportunities
Relevant Insights & Resources
Here are some resources to provide you with additional insights about healthcare cost management and analytics.
Hear from our client at CHRISTUS Health about his team leveraged AutoPricer to identify outlier pricing and achieve savings
Check out this video to learn more about AutoPricer
