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Friday, July 9, 2010

Case Study on the Benefits of Reverse Auctions in Health Care: Johns Hopkins Health System

Johns Hopkins HospitalImage via Wikipedia

For those that may have reservations about using reverse auctions, here's a "from the front-lines" success story about how they can be effectively used in the health care environment to save money and make procurement more effective in the process. The link below is to a very good presentation given by William Kennett, who is the Senior Supply Chain Director at Johns Hopkins Health System in Baltimore, Maryland. It is a very engaging presentation from the recent 2010 IDN Summit as he walks you through the road that his organization took in first trying - and then fully buying into - the reverse auction/e-sourcing concept. Watch at:

http://idnsummit.com/past_summits/spring2010/v_Johns_Hopkins_Health_System

Very good stuff - and hey, you get to hear a great conference presentation without having to leave you office or your family and save the high registration fee and travel hassles, too! Watch and then forward on to those in your company/organization who may still have their doubts about reverse auctions. Millions saved and better purchasing - game, set, match for reverse auctions and e-sourcing!

David

From the Reverse Auction Research Center: http://reverseauctionresearch.blogspot.com/
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