January 14, 2019
Surgical VAC mines new software for deeper look at products
After transitioning from a paper-based data and operations management system to one that uses relational database software, Lahey Hospital and Medical Center (LHMC) in Burlington, Massachusetts, saved more than $1 million in product purchases in 2017. The surgical value analysis committee (VAC) evaluated 150 product requests and managed the conversion of three large suites of products to alternate vendors. Rebates for meeting product use agreements made possible through vendor loyalty contracts amounted to $589,000.
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