From unit of measure and product description to price and purchase transactions, data can have a powerful impact on patient care and your bottom line. Medbuy’s Spend Analytics program can help you understand what it all means and harness the power of your data.
The program is the first of its kind for Canadian hospitals and offers our Members an unmatched view into their purchasing transactions guided by the expertise of our data analysts. The insight you gain into your spend can identify actionable savings opportunities and be leveraged to make the sourcing process more efficient, and ultimately, more effective.
Put the data into action
We turn data into information that is used for spend analysis, RFI/RFP development, relationship management , custom reporting and more
Provide additional value-added analysis
Aggregated, consolidated view of procurement data can uncover wider trends and further opportunities
Increase your data accuracy and reliability
We cleansed nearly 4.9 million transaction line items in the last 18 months, which means fewer errors and higher reliability