October 2, 2014white paper release

Best Practices in Contract Communications Unveiled

At Streamlining Healthcare Conference

Alexandria, Va. – The Health Industry Distributors Association today released a new white paper, Improving Pricing Accuracy: Best Practices in Contract Communications, during a special session at its Streamlining Healthcare Conference in Chicago, Ill. The paper offers detailed procedures for automation of contract management processes, including price authorization acknowledgements, chargeback reconciliations, and manufacturer price/sales catalogs.

“More than 45 companies came together to develop these guidelines for manufacturers and distributors,” said Elizabeth Hilla, Senior Vice President, HIDA. “This is a huge initiative that we will continue in 2015 and beyond, and is the first of many steps aimed at making our supply chain leaner and less costly.”.

The recommendations resulted from a two-year effort to streamline healthcare contracting processes among distributors, manufacturers, group purchasing organizations, and providers. HIDA expects support for this initiative to continue to grow as participating companies and trading partners put the guidelines into action.

Find out more about the newly released white paper and download a free copy.

MEDIA CONTACT:
Jeff Girardi, 703-838-6110
girardi@hida.org

About HIDA
The Health Industry Distributors Association (HIDA) is the premier trade association representing medical products distribution. HIDA members primarily serve the nation’s hospital, long term care, and physician/alternate care markets. For more information, visit www.HIDA.org. For more information on HIDA’s Streamlining Healthcare initiative, visit www.streamlininghealthcare.org.