Magazine Article | February 10, 2016

Cloud Procurement Saves Healthcare Group $5.5 Million

Source: Health IT Outcomes

By Brian Albright, Field Technologies

Avalon Health Care Group reduced costs and gained budget visibility by deploying an automated procurement solution.

As margins tighten and greater focus is placed on controlling costs, managing spend has become even more important. Automating procurement and spend management can improve efficiency, helping provide greater visibility into budget planning. Salt Lake City-based Avalon Health Care Group has used automation to help centralize its procurement operations and saved an estimated $5.5 million over four years against an annual spend of $72 million.