Healthcare Organizations Rely on SciQuest To Optimize Supply Chains and Genera... ( SciQuest's Customers Drive Bottom Lin...)

Healthcare Organizations Rely on SciQuest To Optimize Supply Chains and Generate Savings

Date:6/18/2009

SciQuest's Customers Drive Bottom Line Results by Bringing Previously Unmanaged Areas of Spending Under Control for the First Time

CARY, N.C., June 18 /PRNewswire/ -- SciQuest, Inc., today announced that customers including AmSurg, Cincinnati Children's Hospital Medical Center and the University of Connecticut Health Center are among the many well-known organizations that are radically reducing costs and improving efficiency by bringing unmanaged spending in their supply chains under control. In a time when healthcare organizations have pledged $2 trillion in savings over the next 10 years, SciQuest's strategic procurement solutions are critical to helping organizations achieve new efficiencies while saving money and still delivering exceptional patient care.

With the Association for Healthcare Resource and Materials Management's (AHRMM) finding that every dollar saved in expenses at the nation's hospitals equates to $50 in gross revenue and a recent Thomson Reuters report(1) concluding that approximately 50 percent of hospitals operate in the red, optimization of the healthcare supply chain is crucial. Eprocurement systems and the strategic sourcing techniq
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Healthcare Organizations Rely on SciQuest To Optimize Supply Chains and Genera...( SciQuest's Customers Drive Bottom Lin...),Health