Saturday, May 18, 2024

Federal News Network: The price is right? HHS expects AI will save $2 billion in smarter bulk purchases

“… That’s just the sort of challenge the Department of Health and Human Services has lined up, to make sure it’s paying the lowest price possible for bulk purchases of everyday items like copy paper and medical examination gloves.”

“If you think about NIH, CDC, FDA, Indian Health Services, Federal Occupational Health, they all buy a lot of the exact same items every day.” Lori Ruderman, the co-lead of HHS’ Buy Smarter initiative, said Wednesday at an American Council for Technology & Industry Advisory Council (ACT-IAC) Conference in Washington.”

“Ruderman said HHS could soon save about $2 billion a year through the department’s procurement shop, which spends about $24 billion annually, thanks to its adoption of emerging technology that breaks down some of the department’s silos…” Read the full article here.

Source: The price is right? HHS expects AI will save $2 billion in smarter bulk purchases – By Jory Heckman, November 1, 2018. Federal News Network.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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