Lee Ann McWhorter


Analytics & Research, Change Management, Products and Services Contracting, Cost Management, Cost, Quality and Outcomes (CQO) Movement, Data Standards, Distribution, Performance Metrics

The Challenges and Opportunities of Contract Price Alignment in Healthcare

Managing contract pricing more effectively—from creation to renewal or expiration—can deliver real operational and financial benefits for healthcare organizations. Yet because of its complexity, contract price management may be one of the most underutilized tools for maximizing cost savings in healthcare. Disparate information technology (IT) systems that do not share information and lack of widespread adoption of industry data standards for product and organizational/location identification all contribute to this complexity.