Moffitt Cancer Center Selects SciQuest to Enhance Contract Compliance
As the healthcare industry continues to face rising costs and budget restrictions, many organizations are looking for ways to better manage purchasing and supplier relationships. Moffitt Cancer Center turned to SciQuest (NASDAQ: SQI) a provider of on-demand source-to-settle solutions, to increase contract compliance and improve spend visibility with the SciQuest Spend Director eMarketplace solution.
Moffitt's mission is to contribute to the prevention and cure of cancer. In addition to providing patient care, the Tampa, Fla.-based cancer center specializes in research and education. Moffitt also boasts the Southeast's largest blood and marrow transplant program and outpatient treatment programs that record more than 320,500 visits a year. With SciQuest's eMarketplace, Moffitt can promote items within its contract portfolio across the entire organization, helping increase overall contract compliance and better control of spending. This enables Moffitt to ensure that it is realizing the maximum value from existing contracts with vendors, driving spending towards pre-negotiated prices.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.