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Monday, June 8, 2015

3 Money Saving Practices from Leading US Hospitals

While you’re negotiating any new capital equipment or service contract purchases, we encourage you to take some of our compiled information into consideration. Over the years, Miga has seen leading US hospitals save millions of dollars across their medical equipment’s lifecycles by the following three main practices.

1. By creating competition - Having a competitive proposal from another supplier is the best way to create competitive pressure and enables you to negotiate the best possible pricing.

2. By getting all details in writing - Request itemized pricing of your equipment purchase (including system, accessories, warranty, training, etc.). Itemized pricing makes it easier to compare your quoted configuration and price to market prices to be certain the quoted price is fair.

3. By benchmarking ALL prices and fees - The only way to know if you are getting the best available pricing and terms is to use the independent comparison data provided by Miga's Equipment Value Management System® (EVMS) to compare your proposed prices to what other hospitals are currently paying.

We hope that in sharing these practices for success we will enable your own savings! 

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