Hospitals - Manage - StratMed

StratMed is the Preferred Partner for Large Quaternary Care Hospitals, Single Speciality Hospitals, Corporate Chains, Community Hospitals, Nursing Homes and Clinics.

StratMed Manage

StratMed Adhere

Future-Ready, End-to-End Solutions for

HOSPITAL PURCHASE PLANNING & SUPPLY CHAIN MANAGEMENT

Build Large-scale demand aggregator model. Direct rate contract negotiations with Manufacturers.

Gain Commercial benefits up to 15%

Reduce Healthcare Costs across the Continuum of Care.

Potential savings 12-18% without compromising on Quality of Care

Drive Supply Chain Transparency, Visibility and Predictability.

Integration with existing HIS to reduce cognitive errors by 1-2%
Clinical Payout Savings up to 15%
Lower Infrastructure Costs by 50%

Facilitate Product Standardisation and Benchmarking.

Optimisation Gains up to 8%
Reduce Surgical and Medical Material Cost by 30%
Reduce Non-Medical Material Cost by 5%

Propel Health processes and System Transformations.

Efficiency Improvements up to 20%

APPROACH

Well-Rounded
Proprietary
Methodology
COMPASS™

CO-opt

Wide Lens Approach: Leveraging the Networked Supplier Ecosystem.

Measure

Resource Costs, Product Consumption and Brand Choices.

Product and Brand Optimisation

Standardised Formulary Design.

Acquisition Planning and Simplification

Procurement Solutioning.

Silo De-Bottlenecking

Systematic De-Bottlenecking.

Spend and Consumption Optimisation

Cost Optimisation across the Continuum of Care.

APPROACH

Well-Rounded
Proprietary
Methodology
COMPASS™

CO-opt

Wide Lens Approach: Leveraging the Networked Supplier Ecosystem.

Measure

Resource Costs, Product Consumption and Brand Choices.

Product and Brand Optimisation

Standardised Formulary Design.

Acquisition Planning and Simplification

Procurement Solutioning.

Silo De-Bottlenecking

Systematic De-Bottlenecking.

Spend and Consumption Optimisation

Cost Optimisation across the Continuum of Care.

Focus
Areas

Consistent and measurable improvements across all key impact areas.

Price Optimisation

Measure and Capture Existing Hospital Rates and Margins
Consolidate Brand & Vendor Mix
Validate against Industry Best Practices

Process Optimisation

Assess Current Utilisation
Measure and Capture Existing Hospital Supply Chain Process
Identify Focus Area & Seal Leakage
Digitised Requirement Fulfilment

Consumption Optimisation

Measure and Average Consumption
Standardise and Set Package Limits
Clinical Procedural / Treatment Pathway & Protocol Mapping
Correlate and Compare findings of Stage 1 and Stage 2 with Industry Consumption Patterns
Build Packages as per Patient / Payor Type

Product Optimisation

SKU Standardisation through formulary designing to Improve cost efficiancy
Brand and Vendor Consolidation.
Cost & Brand Benchmarking with Member Hospital Network

Data Optimisation

Integer Implementation and Integration with existing HIS
Digitised Procurement Management

Smart Contracts, PO and Indenting, Supplier Efficiency Monitoring and Setting Reorder Levels.

Tech-enabled- Dashboard

Focus Areas

Consistent and measurable improvements across all key impact areas.

Price Optimisation

Measure and Capture Existing Hospital Rates and Margins
Consolidate Brand & Vendor Mix
Validate against Industry Best Practices

Process Optimisation

Assess Current Utilisation
Measure and Capture Existing Hospital Supply Chain Process
Identify Focus Area & Seal Leakage
Digitised Requirement Fulfilment

Consumption Optimisation

Measure and Average Consumption
Standardise and Set Package Limits
Clinical Procedural / Treatment Pathway & Protocol Mapping
Correlate and Compare findings of Stage 1 and Stage 2 with Industry Consumption Patterns
Build Packages as per Patient / Payor Type

Product Optimisation

SKU Standardisation through formulary designing to Improve cost efficiancy
Brand and Vendor Consolidation.
Cost & Brand Benchmarking with Member Hospital Network

Data Optimisation

Integer Implementation and Integration with existing HIS
Digitised Procurement Management

Smart Contracts, PO and Indenting, Supplier Efficiency Monitoring and Setting Reorder Levels.

Tech-enabled- Dashboard

PREFERRED PARTNER FOR

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