Key Features of the GPO Health Sourcing Data Transparency Platform

GPO HEALTH delivers the tools to identify cost improvement opportunities, improve supply quality and increase process efficiency through continuous, near-real-time (NRT), dynamic appraisal of category and contract management of the Healthcare IT marketplace.

Description

Utilize data from Accounts Payable and employ the AI-ML Platform to analyze spend across the organization and by supplier to determine areas for cost savings, optimal engagement models, and location strategy

NRT AI Insights offering Platform

  • Spend categorization
  • SOW reclassification
  • Location optimization
  • Metrics and KPIs
  • Budget analysis and Cost savings
  • M&A cost management 

Value Differentiation

  • NRT review for sustained productivity
  • NRT current lower price point vs. MSP and do not require without Vendor Management System to support data analytics 

Description

Leverage the AI-ML Platform to analyze spend patterns and contingent labor utilization, how external labor is engaged (staff augmentation, professional services, managed services), and provide recommendations to optimize the type of work and percentage of work under each model

NRT AI Insights offering Platform

  • SOW reclassification to managed services or staff augmentation
  • Evaluate managed services SOWs
  • Alternative Partner pricing options
  • M&A & divestiture realization

Value Differentiation

  • Sustained NRT productivity and progress to-date relative to savings, productivity, and transformation targets
  • A new Partner base with market leading pricing

Description

AI Benchmarking of client’s existing SoW’s, technology stacks, rate cards, job profiles and/or defined mark-up against market. (In future, will extend to include comparison relative to commercials for MSP, VMS, and Staffing Suppliers as well as their performance / service adherence and SLAs)

NRT AI Insights offering Platform

  • Identify high-profile rates
  • Rate comparison to Current Market
  • Develop options and strategy roadmap for negotiation of rates
  • Cost up Benchmarking, staffing mark ups

Value Differentiation

•NRT review for competitiveness and identification of re-compete opportunities for SoW’s, rates / market alignment of agreement and/or SLAs

Description

AI Optimization of sourcing categories, engagement models, and retained organizations. Automate processes, controls, and workflows and introduce a universal common supplier satisfaction index

NRT AI Insights offering Platform

  • In/Outsource analysis (make vs. buy, FTE vs. contingent)
  • MSP cost management performance
  • Create new sourcing categories (e.g., centralized professional services)

Value Differentiation

  • NRT review for sustained productivity

Description

AI-ML Cataloguing of staff augmentation and services skillsets and spend to avoid blended rates, role proliferation. Commoditization of services (SOW) spend

NRT AI Insights offering Platform

  • Role catalog for all functions
  • Commoditization of service requests and associated milestones / deliverables
  • Benchmarking vs. market and alternate pricing models (e.g., fixed-fee vs. T&M)

Value Differentiation

  • NRT review for sustained productivity and cost reduction exercises

Description

AI Benchmarking of Managed Service Provider SP and Vendor Management System MS rates (staff aug, services procurement, resource tracking, direct sourcing)

NRT AI Insights offering Platform

  • Benchmark savings levers / targets
  • Distressed deal remediation
  • M&A rationalization / optimization

Value Differentiation

  • NRT review for contract adjustment in line with market

Description

AI-ML Benchmarking of Managed Service Provider SP and Vendor Management System MS agreement related Terms &Conditions (staff aug, services procurement, resource tracking, direct sourcing)

NRT AI Insights offering Platform

  • Benchmark SLAs
  • Establish governance and reports
  • M&A rationalization / optimization

Value Differentiation

  • Constant review for sustained productivity and cost reduction exercises

Description

Utilizing the AI-ML Platform, run all MSAs and SOWs through the AI-ML Platform to identify gaps, quality issues, inconsistencies, as well as to pull out key terms, based on threshold inputs, to do a comprehensively analyze sis on a client’s contract terms

NRT AI Insights offering Platform

  • Compare key contractual terms to market best practices
  • Develop negotiation strategy for approaching suppliers with new terms 

Value Differentiation

  • Constant review for risk mitigation through continued market alignment and compliance with labor, PII and data protection laws

GPO HEALTH’s Leveraged Pricing and Rebates

GPO HEALTH partners are qualified IT service companies who engage with GPO HEALTH to make available their portfolio of services at leading market prices.  Partners gain increased visibility into multiple current and future opportunities. This greater transparency allows our partners to become more responsive and effective, with the ability to focus on new business opportunities and grow their IT Services pipeline, while reducing the cost of sales through a more streamlined process. GPO HEALTH partners with Management Consulting companies and Procurement & Supply Chain Specialists to provide an end-to-end solution for our clients. Sourcing Partners receive the benefit of pre-negotiated pricing from GPO HEALTH Partners to provide timely, cost-effective and efficient results for their clients. GPO HEALTH clients have a direct relationship with GPO HEALTH and receive quality services at competitive prices in a more efficient and less costly and time-consuming manner.