With increasing costs and ever-changing rules and regulations, healthcare procurement has become difficult to adjust to the growing economic times. In the hospital procurement process, Labor turned out to be the highest cost, followed by the cost of supplies. Hospitals realized that improving the procurement process would result in substantial cost savings and a better patient experience.
PRM360's procurement solution allows hospitals to monitor the cost of supplies and services while simplifying the procure-to-pay processes. PRM360 will enable hospitals to source and procure goods using easy-to-use tools and technology, from costly equipment to mission-critical devices. In addition, PRM360 can integrate with the existing financial systems, eliminating time-consuming tasks while cutting costs and improving vendor experience.