Walnut Creek, CA - June 21, 2024 - Conductiv®, a leader in healthcare cost management solutions, announces the launch of its latest innovation, Sourcing Roadmap. This powerful addition to Conductiv’s Analytics suite is designed to revolutionize how healthcare organizations navigate their supply chain and procurement strategies.

Sourcing Roadmap represents a significant advancement in strategic planning for purchased services. Designed as a multi-year strategic sourcing plan, it leverages crucial financial and operational factors to identify and address the most impactful Purchased Service categories at optimal times. This action-oriented and customizable approach ensures efficiency in managing Purchased Services spend right from the start, enabling a proactive shift in strategy. By pinpointing key categories to address, specifying the optimal timing for each, and outlining their strategic importance, the Sourcing Roadmap enhances visibility, operational efficiency, and savings opportunities with a proactive, informed approach.

Mickey Meehan, Group Vice President and General Manager of Conductiv, expressed enthusiasm about the solution’s potential impact: "Sourcing Roadmap is a game-changer for healthcare providers seeking to optimize their procurement strategies. Leveraging advanced data analytics, organizations can now align purchasing decisions with long-term strategic goals, ultimately driving improved financial outcomes and operational efficiencies."

The solution’s customizable interface allows users to tailor strategies according to specific organizational needs, fostering agility and responsiveness in an ever-evolving market landscape. With Sourcing Roadmap, Conductiv continues its commitment to delivering innovative solutions that empower healthcare providers to achieve sustainable cost savings and operational excellence. Learn more by registering for the upcoming Live Connect on July 11, 2024.

For more information about Conductiv and its suite of healthcare cost management solutions, visit conductiv.com.