1. Identify
Pathstone thoroughly reviews current spend and best practices, vets savings opportunities with client stakeholders, and builds business cases that clearly outline the path to value delivery. Our review extends beyond the traditional Price Value Lever. Our prior engagements have shown focusing on all 6 Value Levers doubles hospital savings potential (15% vs 7%).
- Pathstone extends the traditional spend pie versus that normally addressed (Clinical Supplies and Support Services) by Supply Chain. Hospitals traditionally address 40% (only) of spend, whereas Pathstone can address 100% of total non-labor spend.
