Case Study: Large South-East Hospital achieves clearer procurement expense insight with Mather Economics

Large South-East Hospital - Customer Case Study

Mather Economics worked with a large South-East Hospital that needed a better way to manage a large and growing procurement expense category. The hospital wanted a clear analysis and reporting framework to understand what was driving changes in supplies spend.

Mather Economics developed an analytics methodology and database tool to break expense changes into volume, price, and product mix components, while also automating monthly updates and reconciling supplies expense to the general ledger. With Mather Economics’ solution, the hospital gained a clearer view of procurement cost drivers and the ability to decompose cost changes into their source components.