HealthLeaders Media November 17, 2021
Scott Mace

Fairmarkit helps drive more competitive supply chain bids to Blue Cross Blue Shield of Kansas City and helps out during PPE shortage.

KEY TAKEAWAYS

– Main savings involved procurement of IT software, hardware, and subscriptions.

– Platform yielded an ROI of over 500% for Blue KC during 2020.

– Manual rekeying of procurement documents is being eliminated by year’s end through further integration.

Technology is being utilized to better exploit supply chains in healthcare at a time when the challenges of navigating supply chains has never been more stressed.

At Blue Cross Blue Shield Kansas City (Blue KC), technology that optimizes tail spend—generally defined as the amount of money that an organization spends on purchases that make up approximately 80%...

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