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SpendLINK(TM) Enhancements Help Academic Medical Centers Easily Track Savings Opportunities

OAK BROOK, Ill., Nov. 11 /PRNewswire/ -- Over $3.2 million in savings have been implemented in the first 90 days by members of the University HealthSystem Consortium's (UHC) utilizing the latest enhancements to UHC's SpendLINK(TM) spend analysis tool. With the new, easy-to-use UHC Interactive WorkPlan, materials managers, contracts managers, and other users can rely on the intuitive reports to identify, analyze, and act on savings opportunities revealed by comparison to contracts offered by Novation, UHC's contracting services company.

The Interactive WorkPlan allows for savings opportunities to be shared among defined groups, creating virtual spend analysis teams. The tool also provides an executive summary for senior leaders who may want to review the organization's supply costs, which in hospitals are the largest expense after employee salaries.

"The UHC Interactive WorkPlan is a great addition to SpendLINK(TM). It has allowed me to focus on our top priorities, take quick action, and track our success. It provides user-friendly reports with the information I need to validate and implement savings," said Adam Clark, contract buyer at MCG Health, Inc. "I began using SpendLINK(TM) when it was introduced in April, and since then, I have been very impressed. It is very easy to use and provides actionable information to help me maximize our savings opportunities."

SpendLINK(TM) was designed and developed at UHC especially for the complex buying needs of academic medical centers. "The UHC Interactive WorkPlan leverages the powerful analytics engine of SpendLINK(TM) and virtually eliminates the effort required to analyze savings opportunities," said Bill Brewer, UHC senior consultant and one of the tool's designers. "This multipurpose tool will continue to be enhanced and is already yielding savings for members within the first months of release."

UHC offers its 102 academic medical center full members and 191 associate members specific programs and services to improve clinical, operational, and financial performance. UHC's Supply Chain Informatics team helps members realize significant supply chain savings.

SOURCE University HealthSystem Consortium
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