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Surveys conducted by Remitra™ reveal the majority of providers, regardless of size, have DPOs that exceed the contract terms, leading to extended DSOs for suppliers.
PINC AI™ data shows that as recently as February 2022, healthcare providers, on average, were still levering paper checks for 68 percent of their payments to suppliers.
As cost reduction efforts continue to escalate across the healthcare industry, some healthcare organizations are finding success in the AP department.
Without a modern P2P process, essential supplies are at risk for not making it into the hands of clinicians when they’re needed most.
Supply & Demand Chain Executive |
Premier's Chaun Powell discusses why healthcare organizations should convert their paper-based AP systems into a digital format.
How is the lack of P2P automation adoption in the healthcare industry affecting suppliers? Our Remitra™ team surveyed 158 healthcare suppliers to find out.
Premier is actively driving many initiatives aimed at reducing healthcare supply chain waste and removing costs. Check out two of our latest.
See how you can start modernizing your accounting processes with Remitra's accounts payable and accounts receivable automation.
Healthcare supply chain inefficiencies eat up time and inflate costs. Streamlining AP is key to ensure the most effective patient care.
See how Remitra™ is leading the way in AR automation and changing the trajectory of healthcare purchasing for the better.
See how digitizing the supply chain purchasing process through an automated e-invoicing and e-payables platform can significantly reduce the risk of fraud and theft.
Healthcare AP and AR are ripe for modernization. Suppliers and providers stand to benefit from embracing digitization and going paperless. Remitra™ is leading the way.