With increasing costs and ever-changing rules and regulations, it has become difficult for healthcare providers to adjust to the growing economic times. Labor turned to be the largest cost for hospitals, followed by the cost of supplies. Hospitals realized that improving the procurement process would result in huge cost savings and better patient experience.
PRM360's procurement solution allows hospitals to monitor the cost of supplies and services while simplifying the procure-to-pay processes. From costly equipments to mission-critical devices, PRM360 allow hospitals to source and procure goods using easy-to-use tools and technology. In addition, the solution can be easily integrated with existing financial systems. Our procurement solution eliminates time-consuming tasks while cutting costs and improving vendor experience.