Benchmarking
Save money, safely.
With a focus on cost savings, substitute product identification, standardization, and utilization, our Benchmarking solutions equip leaders with line-of-sight to key trends and spending anomalies. We analyze your spend against the largest GPO-agnostic equipment and consumable spend database in healthcare enabling you to cut costs and improve efficiency, safely.
Evaluate spend against multiple performance metrics.
Staritas provides a 360-degree analysis of your spend and utilization, compared to the broadest national indices. We help you identify the right price, highlight spend variation, identify safe alternative suppliers, and optimize usage.
Meet outcomes, quality, clinical alignment, and cost goals.
Let Staritas configure the Value Analysis Workflow engine to help you drive timely decisions that will empower you to deliver high-quality, cost-effective care.
IMPACT STORY
Benchmarking solution identified $580,000 in potential savings
Problem
After expanding to a 600-bed, multi-campus system with 30 affiliates, the health system needed deeper benchmarking and pricing insights. Staritas delivered stronger analytics and savings opportunities, helping smaller, rural affiliates validate pricing and negotiate more competitive rates with vendors.
Solution
Using Staritas Benchmarking and Alerts Workflow, the hospital compared pricing, accelerated recall response, and strengthened vendor negotiations. Centralized insights enabled tier optimization and local contracting strategies, helping smaller affiliates secure more competitive pricing across multiple facilities.
Result
Using Staritas proposal analyses, the hospital secured stronger pricing across supplies and capital, identifying over $580,000 in savings. Alerts Workflow automated recall management, while data-driven negotiations ensured affiliates—especially smaller hospitals—achieved competitive pricing comparable to larger systems.
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Safe, data-driven decisions. Empowered by Staritas.
Fuel growth and eclipse the competition.
Make evidence-based decisions, confidently.
