How Smarter Purchasing Enables Data-Driven Cost Management and Compliance

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Save 2–5% on costs of goods sold (COGS) annually

Find new purchasing opportunities and hidden savings, identify purchases that don’t align with your contracts or strategy and avoid overpaying while making smarter decisions and ensuring compliance.

• Expand your vendor portfolio and shop beyond The Top 200

• Instantly compare more options from over 350 distributors and manufacturers and gain backup sourcing when drug shortages hit
• Automatically analyze updated prices and potential impact on compliance
• Save your team time with streamlined receiving that automatically checks incoming items against POs and invoices

Gain pricing transparency and optimize purchases from all sources

SureCost’s Purchase Manager unifies all your catalogs into a single interface so you can instantly view all options. Consolidating all of your pharmacy procurement data into a single solution provides a holistic view of sources, pricing, contracts, availability and contracts/agreements. This enhances how you make purchases and shape your procurement strategy.

• Instantly compare all your purchasing options to automatically find the best choice (whether that’s WAC, GPO or direct from manufacturers)
• Monitor potential impact on compliance and model rebates before you purchase
• Submit a single purchase order for all vendors and track purchases from PO submission to receiving items and making returns

Leverage data and analytics with robust reporting

Consolidate purchases, usage, compliance, pharmacy inventory and other data into a single source of truth. Over 200 reports at your fingertips enhance how you purchase new items and utilize your existing inventory. With enhanced procurement insights, health systems pharmacies can drive data-informed cost management and find new efficiencies in their workflows.

• Leverage all your data through one interface
• Make data-informed purchasing decisions and inventory choices
• Leverage predictive analytics to improve patient flow and resource allocation

Stay Compliant

Make the most of your agreements with Purchase Manager Compliance Insights™

Find new purchasing opportunities and hidden savings, identify purchases that don’t align with your contracts or strategy and avoid overpaying while making smarter decisions and ensuring compliance.

• Monitor compliance with all contracts (regardless of source) to confirm pricing, maximize rebates and increase savings
• Consult real-time auditing of any contracted prices (private or GPO/buying group) even as you expand your purchasing opportunities
• Ensure accurate value of received goods and vendor compliance with your agreements through automatic invoice reconciliation
• Maximize rebates using rebate modeling before you purchase, with built-in tracking to ensure you always receive your full reimbursement on time

Work Smarter

Rely on a single solution for multiple operational needs

Purchase Manager centralizes pharmacy procurement while Inventory Manager optimizes your utilization.

• Empower your team with real-time purchasing data and pharmacy inventory insights
• Analyze the data you need when you want it through flexible reporting
• Save hours managing your pharmacy and simplify how you work

Keep vendors accountable for pricing and agreements

With all purchasing data in one solution (including purchase orders, agreements, compliance metrics and invoices), health system pharmacies ensure they always receive the correct item and right quantity at the agreed-upon price.

• Verify that contracted pricing is honored every time you pay an invoice
• Receive alerts when pricing doesn’t reflect the GPO agreement or a vendor fails to honor their quoted price
• Address issues quickly and easily with all purchasing data and history instantly available
• Automate 340B, WAC and GPO purchases post-split with pricing optimization and real-time inventory management updates
• Implement warehouse management functionality with consolidated service centers (CSC) for hybrid procurement on 340B, WAC and GPO
• Integrate SureCost with existing workflows and current systems—like accounts payable and pharmacy management systems
• Avoid having to change your workflows or waste time on excessive onboarding

How SureCost Purchase Manager Cuts Your Time Spent on Purchasing in Half

Inventory Manager™

Maintain 340B Compliance Without Changing How You Work

340B is a huge part of drug purchasing for health system pharmacies. A purchasing management solution should save your pharmacy time and money while accommodating your 340B process.

SureCost integrates with major vendors and supports the key technologies a health system pharmacy needs to serve its stakeholders and fulfill its obligations as a provider. It’s an integrated solution that supports 340B and non-340B purchase orders and provides a single source for purchasing data. With SureCost, your health system pharmacy won’t need to juggle multiple websites or alter your current 340B process. SureCost can work alongside your existing 340B protocols or support them to enhance your purchasing.

SureCost also integrates with major EMR vendors and protocols that follow mandated technical and regulatory standards. SureCost adjusts to how you work: no customizations, no changes to your current systems and processes, and no extensive training are needed.

How SureCost Streamlines and Optimizes Purchasing Across All Accounts

A Knowledgeable Partner With a Proven Record Saving Pharmacies Hundreds of Millions

We’re proud to say that our customers have used SureCost to generate over $400M in annual drug spend savings. Whether it’s independent retail locations or some of the largest long-term care systems in the country, these pharmacies trust SureCost to unlock huge savings and reduce their work by hours through streamlining processes.