PriceChecker™
Real-time Market Pricing Data, Even for Non-contracted Items
How do you price products your facility has never ordered? Even with a contracted supplier, prices may vary from one hospital or surgery center to another. These non-file, off-contract items can inflate your total product spend if not carefully monitored. If you’re like most facilities, you need a way to check market pricing before you commit to a purchasing agreement. You can now use PriceChecker™ to determine what price you should pay for supplies, even for those you’ve never previously ordered.
Our PriceChecker™ application bridges the gap between what you need and what you should expect to pay. It enables you to evaluate real-time, market-relevant pricing by SKU for Med/Surg items.
Core Functionality
- Connects you to market pricing data on products for which you may not have a purchasing history
- Searches the BroadJump marketplace and instantaneously produces paid price points for a specific product purchased during the past 12 months
- Provides additional detail behind each price point, including hospital demographics, annual quantity, and date purchased
You can then use this current, relevant data to determine what a reasonable, competitive price should be.
When negotiating with suppliers, you need to have facts and figures to secure fair pricing. With PriceChecker™, you have this real-time information at your fingertips.
Relevant Insights & Resources
Here are some resources to provide you with additional insights about healthcare cost management and analytics.
