Accenture (NYSE:ACN) is helping Northside Hospital generate millions of dollars in savings by transforming supply chain and procurement operations to drive down utilities and telecommunications costs, the company said.
Accenture helped Northside Hospital establish a model that is expected to generate USD 5 million in annual savings.
Using a managed services approach, Accenture helped Northside dramatically simplify bill review and payment activities and rationalize its portfolio of energy and telecom service providers.
The energy and telecom initiatives are part of an overall procurement sourcing effort at Northside Hospital. Working closely with Northside personnel, Accenture audited bills to identify adherence to existing contracts, looking for overpayments and potential refunds. Leveraging best practices, the project team negotiated refunds and more favorable terms for energy and telecom contracts.
The Northside system consists of an extensive network of state-of-the-art facilities that include three not-for-profit hospitals in the Atlanta metro area: Northside Atlanta, Northside Forsyth, and Northside Cherokee.
With more than 800 licensed beds, Northside operates more than 200 hospital-affiliated outpatient centers and medical office buildings throughout the state of Georgia.
Accenture is a global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. With approximately 442,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit www.accenture.com.