title: Spring is a good time to clean up your vendor contracts.
abstract: Whether it's a new purchase or renewal, every year physicians and hospitals obligate themselves financially to vendor contracts without fully understanding the terms and conditions of their commitments. Some of these contracts renew automatically without permission or approval and come with automatic price increases. In some cases, practices may even be paying for services no longer being used or maintenance fees for support services no longer needed. However, discerning what vendor and system to select or renew, based on the unique objectives of the practice or hospital, can be overwhelming. This article provides many helpful strategies for negotiating a rock-solid contract that is a win for the physician practice or hospital and holds the vendor accountable for delivery of promises.
authors.affiliation: Coker Group, 2400 Lakeview Parkway, Suite 400, Alpharetta, GA 30009, USA. jdaigrepont@cokergroup.com
authors.forename: Jeffery
authors.initials: J
authors.lastname: Daigrepont
mesh_terms: D003284:Contract Services; D005376:Financial Management; D006801:Humans; D016365:Liability, Legal; D017008:Negotiating; D011216:Practice Management, Medical / Q000458:organization & administration; D011682:Purchasing, Hospital