HEALTHCARE PURCHASING●

Course Overview

This comprehensive program provides a solid overview of medical/surgical supply and equipment purchasing. Upon completion of this program, attendees will be able to define different types of requisitions, define different types of purchase orders, explain freight terms and titles to goods, explain payment terms and conditions, state the legalities and ethics of purchasing, explain product liability and warranty, product standardization and group purchasing. This program includes case studies and role playing, that will illustrate ways in which the purchasing professional meet the department’s goal of addressing the needs of its customers for supplies, services, and equipment while obtaining good value for money spent.

Learning Outcomes

A. Knowledge and Understanding (Theory Component)

At the end of this course, participants will be able to:

• Have the knowledge and good understanding of Healthcare Purchasing system
• Have the knowledge to design and develop an effective procurement plan
• Have a strong understanding in setting up the various key performance indicators
• Lead the Procurement team in product standardization
• Have the ability to look beyond item price negotiation
• Have good knowledge and understanding to apply data analytics in Procurement
• Have a good understanding of the Spend Analysis tool to realize cost savings

B. Key Skills (Application)

At the end of this course, participants should be able to:

• Identify procurement strategies that meet the hospital needs
• Design and implement procurement strategies
• Build better understanding with Suppliers to achieve common goals
• Implement a product standardization program
• Initiate a Group Procurement strategy
• Implement GS1 standards for the hospital
• Apply the Spend Analysis tool to achieve cost savings for the hospital