Smarter Purchasing, Better Outcomes: How Healthcare Providers Are Rethinking Spend

In today’s healthcare environment, smarter purchasing isn’t just a goal—it’s a necessity. As margins tighten and value-based care models evolve, providers are finding new ways to make every dollar work harder. Nowhere is this more critical than in high-impact areas like physician preference items (PPI), including total joints, spine, and cardiac, just to name a few.

Rather than seeing cost containment as a constraint, leading health systems are using it as a catalyst to optimize spend, align purchasing decisions with outcomes, and unlock long-term savings.

The Shift to Purposeful Spend

Forward-thinking providers are embracing a more strategic approach to procurement. The goal? Ensure every purchase—whether a device, implant, or service—delivers measurable value.

Key Principles of Strategic Spend:

• Data-Informed Decisions: Providers are using data to evaluate the performance and total cost of ownership of the devices they choose. This creates opportunities to standardize on high-performing, cost-effective options.
• Outcome Alignment: Purchases are being evaluated based on their impact on patient outcomes, length of stay, and readmission rates—turning clinical results into cost savings.
• Continuous Optimization: Smart spenders don’t just evaluate at the point of purchase—they track performance over time, identifying trends and opportunities for refinement.

Smarter Implant Spend in Action

1. Empowering Clinical Teams with Insights
   Rather than restricting choice, hospitals are equipping clinicians with meaningful data. This supports better decision-making and encourages collaboration between supply chain, finance, and OR leadership.
2. Elevating Innovation That Delivers
   Innovative technologies are gaining traction when paired with solid evidence of clinical and financial benefit. This approach creates space for smart investments—without relying on guesswork.
3. Investing in What Works
   Providers are prioritizing spending that clearly contributes to improved patient care or operational efficiency. Strategic vendor partnerships and aligned incentives are helping drive this shift.
4. Building Analytical Muscle
   Hospitals are increasingly adopting advanced analytics platforms to evaluate purchasing patterns, identify savings opportunities, and improve contract negotiations. Kermit plays a key role in this transformation by providing:

• Visibility into device-level cost and utilization
• Real-time insights into case-level spend
• Benchmarking across physicians and facilities
• Automation of billing and vendor compliance
• Contract negotiations that create shared savings opportunities

Kermit: Enabling Better Purchasing Decisions

Kermit helps healthcare providers take control of implant spend with greater confidence. Our platform delivers the data and visibility needed to make smarter, faster, and more collaborative decisions. By transforming billing and utilization data into actionable intelligence, Kermit empowers teams to find savings while protecting quality of care.

Whether you’re negotiating contracts, standardizing implants, or analyzing performance across locations, Kermit supports the transition from reactive cost management to proactive, data-informed strategy.

Final Thought

Today’s healthcare leaders aren’t just cutting costs—they’re building stronger, smarter systems. Strategic purchasing is no longer about doing more with less. It’s about doing the right things—backed by the right insights—to create better outcomes and sustainable savings.

Ready to make smarter purchasing decisions that drive lasting value?
Let’s talk about how Kermit can support your goals.