Client Profile: A healthcare provider with 65 facilities across multiple states faced rising operational costs and inconsistent vendor performance. Exceedia Group conducted a spend audit to identify inefficiencies in food services, waste management, surgical supplies, and IT infrastructure.
Solutions & Results:
- Food Services (18% savings):
- Centralized procurement with regional suppliers for bulk purchasing of non-perishables.
- Portion optimization (e.g., reduced protein sizes, seasonal menu adjustments) and waste tracking to cut overordering.
- Vendor consolidation to three primary partners, leveraging volume discounts and standardized recipes.
- Waste Management (22% savings):
- Medical waste segregation to reduce hazardous disposal volume.
- Recycling partnerships for non-hazardous materials (e.g., plastics, paper).
- Route optimization for waste collection across facilities, reducing transport costs.
- Hospital Surgical Supplies (15% savings):
- Spend benchmarking to renegotiate contracts with suppliers for gloves, sutures, and gauze.
- Inventory management systems to prevent overstocking and reduce expired stock.
- Vendor consolidation to two Tier-1 suppliers for bulk discounts on high-volume items.
- Data Center & IT Infrastructure (25% savings):
- Server virtualization to reduce physical hardware needs.
- Cloud migration for non-critical data, cutting power rack costs.
- Energy-efficient hardware upgrades and peak usage optimization to lower electricity spend.
Outcome:
The healthcare network achieved $3.8M in annual savings, improved compliance through automated tracking systems, and redirected funds to patient care technology.