Benchmarking
Optimize your spend with the largest, independent GPO-agnostic datasets in healthcare.
Save money, safely.
With a focus on cost savings, substitute product identification, standardization, and utilization, ECRl's Benchmarking solutions equip leaders with line-of-sight to key trends and spending anomalies. We analyze your spend against the largest GPO-agnostic equipment and consumable spend database in healthcare enabling you to cut costs and improve efficiency, safely.
Evaluate spend against multiple performance metrics.
ECRI provides a 360-degree analysis of your spend and utilization, compared to the broadest national indices. We help you identify the right price, highlight spend variation, identify safe alternative suppliers, and optimize usage.
$74B
Supply and capital spend in dataset
400K
Items profiled and compared for equivalence
$3M
Average supply spend savings per facility
$2M
Average capital expenditure savings per facility
Formulate actionable plans for standardization and utilization.
ECRI can help healthcare leaders save on costs per targeted category. We offer insights into consumption, applications, and use to assure that all spend is being employed efficiently and cost-effectively.
SUCCESS STORY
Health System Achieves 15% Savings
ECRI's Benchmarking solution enables a spend decrease of over $500,000 on bone replacement products.
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Let's start zeroing in on exactly how we can help.
More Ways We Help
Supply & Capital Dataset
Optimize supply and capital purchasing and gain greater control over and transparency in supply chain decisions with a reliable pricing database.
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Functional Equivalents
Identify functional equivalents for medical-surgical supplies and implants in any given category.
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Utilization Analytics
Benchmark product usage to that of peer organizations across the country to uncover savings opportunities beyond price points and contracting initiatives.
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