Materials management cuts costs with internal, external controls.
A hospital's materials management division is helping to contain nonpayroll expenses, particularly purchasing expenses, through centralized purchasing, inventory control, a monitoring and projection system for costs related to procurement activities, and participation in a group purchasing arrangement.
D003120:Colorado; D003363:Cost Control; D003365:Costs and Cost Analysis; D006745:Hospital Bed Capacity, 300 to 499; D006755:Hospital Shared Services; D008421:Materials Management, Hospital / Q000191:economics / Q000458:organization & administration*; D011682:Purchasing, Hospital / Q000191:economics*