Navigation Links
SciQuest Showcasing Methods for 'Transforming the Future' of Healthcare Purchasing and Procurement

CARY, N.C., Aug. 2 /PRNewswire/ -- SciQuest, Inc., a leading provider of on-demand strategic procurement and supplier enablement solutions, is showcasing how they hope to "transform the future" of the healthcare supply chain by unveiling its focus on three key healthcare purchasing and procurement issues at AHRMM10, the annual conference and exhibition of the Association for Healthcare Resource & Materials. AHRMM10 takes place today through August 4 at the Denver Convention Center; SciQuest can be found in booth 204.



SciQuest's three main areas of concentration include:

  • Controlling spend on Physician Preference Items (PPIs)
  • Increasing visibility into overall spending  
  • Making item master and catalog items more searchable.

Stephen Wiehe, president and CEO of SciQuest, said, "The complexity and expense of healthcare places an extra burden on supply chain managers, who must delicately balance patient needs and physician preferences with fiscal responsibility. SciQuest has developed a revolutionary approach that addresses these significant issues in ways that perfectly illustrate AHRMM10's 'transforming the future' theme."

As budget constraints increase, controlling spend on Physician Preference Items (PPIs) is becoming increasingly important to hospitals.  Since spend on PPIs and expensive implantable devices is difficult to manage and can account for 60% of overall medical supply cost for hospitals, SciQuest is creating a virtual surgical 'item master' for PPIs – an online contract repository of surgical goods that will allow supply chain leaders to gain visibility to spend on these costly goods while providing support to clinicians requisitioning and recording user of goods.

This increased spend visibility helps to minimize blanket purchases and improves understanding of operating room spending habits. SciQuest's solution helps hospitals source and contract strategically for preferred items and gives users control and visibility to help them spend money better. Users can streamline catalog management, direct spend to preferred vendors, drive higher compliance with contracts, tighten control and increase visibility throughout the entire source-to-settle process.

Another area SciQuest is addressing is making item master and catalog items more searchable. SciQuest's solution offers a catalog approach to searching the item master, enriching the content with detailed and product-rich data that helps drive the selection to the right good or service.  SciQuest also aids hospitals' content management challenges through supplier-enriched data. Hospitals employ several full-time equivalents who have the responsibility of maintaining and updating the item master to keep items current. In addition to staff, hospitals also use data-scrubbing services, often annually, to clean and manage data. The SciQuest solution changes the focus from scrubbing data to using supplier-enriched data to improve data quality with continually refreshed current content.

About SciQuest

SciQuest provides a leading on-demand strategic procurement and supplier enablement solution that integrates customers with their suppliers to improve procurement of indirect goods and services. Our on-demand software enables organizations to realize the benefits of strategic procurement by identifying and establishing contracts with preferred suppliers, driving spend to those contracts and promoting process efficiencies through electronic transactions. Using our managed SciQuest Supplier Network, our customers do business with more than 30,000 unique suppliers and spend billions of dollars annually.  

Our current target markets are higher education, life sciences, healthcare and state and local governments. We tailor our solution for each of the vertical markets we serve by offering industry-specific functionality, content and supplier connections. We serve more than 160 customers operating in 16 countries and offer our solution in five languages and 22 currencies.

For more information about SciQuest, please visit or call 888-638-7322 in the U.S. or +44 1794 341182 in Europe.

Trademark information: SciQuest is a registered trademark of SciQuest, Inc. All other trade names are trademarks or registered trademarks of their respective holders.

SOURCE SciQuest, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Philips and ACC Address the Growing Demand for Minimally Invasive Cardiology Interventions by Showcasing Hybrid OR Solutions at ACC 2010
2. ECRI Institute Issues Steris System 1 High Priority Alert and Recommendations: Free Guidance to Help Hospitals Map out Transition to Alternative Reprocessing Methods
3. New Research Shows Promise in Using Traditional Research Methods to Assess Efficacy of Complementary Therapies
4. Air Methods Reports 3Q2009 Results and 4Q2009 Update
5. King Pharmaceuticals Showcases Data From Pain Pipeline of Medicines Designed to Deter Common Methods of Non-Therapeutic Use
6. Landmark Study in The New England Journal of Medicine Shows HPV Testing Significantly Reduces Deaths from Cervical Cancer, Compared to other Methods Including Pap
7. 10-State Project to Study Methods to Reduce Central Line-Associated Bloodstream Infections in Hospital ICUs
8. Studies Examine Quality of Care for Hospitalized Sickle Cell Disease Patients and Effective Methods for Detecting Risk of Stroke in Children With This Disorder
9. Bioimpedance Spectroscopy is More Accurate and Reliable Than Other Methods of Subclinical Assessment of Lymphedema in Breast Cancer Patients, According to Paper Published in Journal of Clinical Oncology
10. Health Robotics Surpasses 100 Installations Milestone and Acquires Two I.V. Room of the Future Partner Companies
11. New Product Planning Plays a Critical Role for Future Research & Development Success
Post Your Comments:
(Date:11/26/2015)... DUBLIN , November 26, 2015 /PRNewswire/ ... the addition of the "2016 Future ... Drugs of Abuse Testing Market: Supplier Shares, ... report to their offering. --> ... of the "2016 Future Horizons and ...
(Date:11/26/2015)... November 26, 2015 ... addition of the  "2016 Future Horizons ... Therapeutic Drug Monitoring (TDM) Market: Supplier ... Emerging Opportunities"  report to their offering.  ... announced the addition of the  "2016 ...
(Date:11/26/2015)... , Nov. 26, 2015 Research ... addition of the "2016 Future Horizons and ... (TDM) Market: Supplier Shares, Country Segment Forecasts, Competitive ... --> --> ... analysis of the Italian therapeutic drug monitoring market, ...
Breaking Medicine Technology:
(Date:11/26/2015)... Viejo, CA (PRWEB) , ... November 26, 2015 ... ... users a new set of retro-fused, self-animating trailer titles with ProTrailer: Vintage. This ... style options. These classically-influenced trailer titles work with any font, giving users limitless ...
(Date:11/26/2015)... ... November 26, 2015 , ... Indosoft Inc., developer and distributor ... application server to improve system efficiency and reliability. , The new Q-Suite 6 platform ... standards, the system avoids locking itself into a specific piece of software for many ...
(Date:11/25/2015)... ... 2015 , ... As part of a global movement to ... together who want to combine talents and resources to help create sustainable communities ... The non-profit launched its first major fundraiser on November 6, 2015 at Bent ...
(Date:11/25/2015)... ... November 25, 2015 , ... Finnleo, a leader in the traditional and ... of traditional and far-infrared saunas. , For traditional saunas, Finnleo is offering ... Finnish sauna wood, and Finnleo uses only European Grade A Nordic White Spruce from ...
(Date:11/25/2015)... ... November 25, 2015 , ... TyloHelo Inc , ... accessories. , Sauna accessories help improve the bather experience in the sauna, and ... styles for the purist looking for simplicity in design to accessories that encourage ...
Breaking Medicine News(10 mins):