
Purchased Services Solutions
Optimizing non-direct labor expenses, enhancing efficiency and reducing costs that account for more than 30 percent of healthcare operating budgets.

Breaking Down Purchased Services
Purchased services are non-direct labor expenses that organizations incur from third-party vendors. These services can include a wide range of activities such as facility management, IT services, marketing, consulting and more. Historically, third-party services spend has been spread and siloed across facilities, making it challenging to pinpoint areas for improvement with the diversity of vendors, varying contract terms and fluctuating costs.
Our Programmatic Approach
Since 2004, Premier’s purchased services members and customers have achieved between 10 to 32 percent category savings on purchased services.
With streamlined contract renewals and Request for Proposals (RFPs), your team can focus on long-term goals such as meeting savings targets, consolidating contracts and mandating on-contract compliance. We take a holistic approach to purchased services optimization, integrating best-in-class contracts with unparalleled technology and expert-level support.
Why Optimize Purchased Services?

Cost Reduction
With full visibility into services spend, organizations can negotiate better contract terms and identify cost-saving opportunities, helping to significantly reduce expenses.

Efficiency Improvement
Streamlining service management processes ensures that services are delivered efficiently, reducing downtime and improving overall operational efficiency.

Risk Mitigation
Properly managed contracts and vendor relationships help mitigate risks associated with service disruptions, compliance issues and other potential pitfalls.

Quality Assurance
Monitoring and evaluating vendor performance ensures that services meet the desired quality standards, enhancing the overall experience for staff and patients.
Purchased Services Portfolio
Premier evaluates third-party products and services to build a robust contract portfolio that facilitates over $12 billion in member purchasing volume. Our negotiated contracts deliver unparalleled savings and value, covering the largest range of purchased services categories in the industry with 125 percent more contracting categories than any other purchased services portfolio.

Express Contracting
Browse our catalog of committee-vetted and approved service agreements with national service providers. Simply complete a statement of work to get started.

Locally Initiated Contracting
Our team of sourcing experts can competitively negotiate terms with regional suppliers, broadening your on-contract spend opportunities and tailoring terms to your exact needs.

Incumbent Contracting
Let us do the heavy lifting on negotiations with incumbent contracts to shift them on to GPO contract, allowing you to access more savings and share back.
Purchased Services Technology
Premier’s platform offers customizable solutions to manage the third-party procurement lifecycle, utilizing AI and machine learning for predictive analytics that provide transparency into purchased service contracts, track sourcing progress and optimize resources for financial health.
Our proprietary technology streamlines the procurement process, prioritizing cost savings while maintaining supplier quality and performance, and includes automated, exportable sourcing roadmap technology for enhanced strategic planning.

Purchased Services Experts
Complete Project Support
Full-Service Sourcing is ideal for provider organizations that need to increase sourcing capacity for the faster completion of all-encompassing, complex sourcing initiatives. You retain all decision-making authority, while we act as a trusted extension of your team. It’s never been easier to yield high-value contracts with competitive rates.
On-Demand Support
Flex Sourcing Services offers targeted project support across various stages in the sourcing lifecycle. For organizations that need more manpower, Premier offers advisory, communications and training support to help you customize your contracts and attain incremental savings value.
Contact Us
Premier’s purchased services technology delivers unmatched value. We help organizations streamline procurement processes, optimize cost savings and ensure access to best-in-class suppliers, all while empowering providers to focus on what matters most—delivering high-quality care. To learn how we can support your organization, fill out the form below to connect with our experts.