New purchasing company works for free if it doesn't produce savings for hospitals.
A new company is so sure it can save hospitals money over their previous purchasing contracts that it's willing to bank on it. If it doesn't save its clients cash, it doesn't get paid. Purchasing Support Services says it can produce savings of 5% to 35% for hospitals, and four hospitals already have taken the 2 1/2-year-old company up on its offer.
Wagner
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D003132:Commerce / Q000191:economics*; D003284:Contract Services / Q000191:economics*; D003363:Cost Control; D009518:New York; D011682:Purchasing, Hospital / Q000458:organization & administration*