Shriners Hospitals for Children, based in Tampa, Fla., announced it has achieved a 672 percent return-on-investment after utilizing MEMdata's medical equipment procurement model, according to a hospital news release.
MEMdata's procurement model ensures open access to new technology while achieving competitive pricing on all types of hospital equipment. For Shriners Hospitals for Children, MEMdata completed 20 budgets and processed over 200 equipment purchase projects over a five-month period. All system facilities came in under budget. When comparing MEMdata's annual service fee to cost reductions, a ROI of 672 percent was achieved. When comparing savings to fees paid over the same five-month period, MEMdata ROI shot up to 2,969 percent.
Read the news release about MEMdata.
Learn more about MEMdata.
MEMdata's procurement model ensures open access to new technology while achieving competitive pricing on all types of hospital equipment. For Shriners Hospitals for Children, MEMdata completed 20 budgets and processed over 200 equipment purchase projects over a five-month period. All system facilities came in under budget. When comparing MEMdata's annual service fee to cost reductions, a ROI of 672 percent was achieved. When comparing savings to fees paid over the same five-month period, MEMdata ROI shot up to 2,969 percent.
Read the news release about MEMdata.
Learn more about MEMdata.