Budget constraints in modern healthcare management
Continuous progress in product innovation offers significant advantages to you and your patients. Nevertheless, the related costs may pose challenges for healthcare organizations when it comes to making decisions.
Boston Scientific is committed in its mission to be your one partner in Endoscopy, continuing to build on our existing platform of commercial solutions to support your evolving needs and strengthen our partnership with you, innovating how we do business together.
Our intention is to aid you in developing your department in a manner that is economically sustainable, whilst simultaneously supporting you in delivering the most effective clinical solutions for every patient.
To ensure the advancement of patient care amid the shift from price-driven product procurement to a more intricate system of tenders and negotiations, innovative commercial solutions are essential.
Payment Per Procedure (PPP)
Trade variability for predictability
Boston Scientific’s commercial risk-sharing solution ensuring financial predictability and clinical flexibility for each patient. Our set procedure price includes all devices.
Impactful outcomes of a recent implementation
- 87% reduction of time management (over 200 hours saved per year) of warehouse, product and administrative processes.
- Diminished environmental impact due to fewer individual orders placed, thus fewer shipments and deliveries
- 5% cost reduction vs. standard billing model thanks to PPP model and optimized VAT rates
- Limitation of reporting & ordering errors inherent to complex manual procedures
- Complete inventory transparency of stock levels and expiry dates for augmented tracking through the Boston Scientific digital inventory management platform ezPro
Implemented in over 45 hospitals across EMEA
“After a very smooth onboarding,
the PPP model using ezPro revolutionized my team’s workflow, with a totally digitalized process for stock management and product ordering. Now, we have real-time, one-click visibility over the entire supply chain – and it’s all paperless”
Christian Dopheide
Head of Nurses,
Endoscopy Department Diakonissen-Stiftungs-Krankenhaus Speyer, Germany
Explore how PPP can help you access our latest innovations and optimise your financial and operational efficiency
Vendor Managed Inventory (VMI)
Trade variability for predictability
Impactful outcomes of a recent implementation
- 85% reduction of annual shipments from ca. 200 per year to around 30 per year, resulting in cost and staff time savings as well as a carbon emission reduction impact
- Staff time savings due to fewer orders placed and third-party inventory management
- 92% reduction of annual invoices from an average of 157 per year to just 12 consolidates monthly invoices, resulting in significant time savings for administrative teams
- Material storage space optimisation space has been significantly reduced to use for other purposes
- One-off financial saving of 25.000€ achieved through the switch to consigment stock
- Elimination of expired product costs
Implemented in over 50 hospitals across EMEA
Hear from Dr. Martin James, consultant hepatologist at Nottingham University Hospital, explaining why he values our Vendor Managed Inventory solution.
Risk-sharing collaborations
We believe in the strength of our technologies to provide best-in-class quality and experience for your patients. Collaborating in partnership means having common goals, where the financial risks are also shared. From this belief, we regularly collaborate with customers through tailored risk-share agreements to bring value-based healthcare to life in a practical way.
If you are interested to discuss in more detail potential risk-sharing collaborations with us, contact your local sales rep or a member of our commercial contracting team.
Our commercial contracting team can work with you and your colleagues to provide useful resources and custom commercial solutions.
