Private Hospital Chain achieves Profit by Over €5m with H&Z's Procurement Expertise

Client Challenge 

With over 38 hospitals and clinics, providing a wide range of healthcare services including diagnostics, inpatient, day case and outpatient care in areas including orthopaedics, gynaecology, cardiology, neurology, oncology and general surgery.​ Recognising capacity constraints on the internal procurement team, the client engaged H&Z to identify and deliver additional savings opportunities.

H&Z Approach  

• Deep spend analytics providing a full spend cube, categorised and built in Power BI​ 
   
• Detailed opportunity assessment with 35 savings initiatives with detailed approach, savings targets and prioritisation split across both Clinical and Non-Clinical spend​
   
• Our 9-month intensive savings program, backed by 7 seasoned H&Z consultants, worked in tandem with the client's internal procurement team to ensure optimal results
   
• Full programme governance with weekly core team meetings and monthly steering meetings with COO and CFO sponsors​ 

Results

• More than €5m annualised savings delivered, 23% above original target​
   
• 35 initiatives completed in line with plan across direct and indirect categories
   
• Opened new doors for the in-house procurement team by demonstrating the value of procurement to IT & HR​
   
• We elevated the stature of Procurement, emphasizing its significance across all business tiers, including the executive level.