Enables effective risk sharing with suppliers based on the clinical performance of their products
A Data-Driven Approach to Reducing Supply Chain Costs
Demonstrates impact on the bottom-line with product performance analytics that measure return on investment (ROI) and total cost of ownership
Leverages real-time monitoring of product performance to identify opportunities for timely interventions that mitigate risk to patient outcomes and quality of care
Share the risk with suppliers without additional staffing—it’s all handled by the technology.
“Mondopoint has been a valuable resource in supporting our expansion into risk-based contracts for medical devices.”
SVP & Chief Supply Chain Officer
Make Purchase Decisions Based on Outcomes and Value
Identify Product Categories of Strategic Importance
- Focus on products that impact reimbursement or other value-based care metrics, including HAI, SSI, CLABSI, CAUTI, AMI, HF, etc.
Baseline Your Organization’s Outcomes
- Compile performance data from your day-to-day clinical environment
- Generate cost-benefit analyses of new product implementations
- Assess potential impact to your supply chain budget and the bottom line
- Develop best-in-class risk-sharing agreements from scratch or improve existing contracts
- Align incentives with suppliers by focusing on outcomes and value; not price and volume
- Automate the process of measuring product impact on clinical and financial outcomes in real time and at the item level
- Actively monitor and enforce terms of risk-sharing agreements
- Take timely corrective action when product conversions are not meeting expectations
Mondopoint's Technology Platform
The Mondopoint Technology Platform provides you with continuous, automated monitoring and enforcement of risk-sharing agreements at the item level and in real time.