Two transformations, one competitive edge: Procurement in Physician Practice Management

Physician Practice Management (PPM) companies are experiencing rapid growth, driven by private equity firms’ buy-and-build strategies. However, this expansion brings a critical challenge: balancing centralized, standardized operations and procurement with flexibility and resilience. This can erode profitability, often without PPM groups recognizing the full extent of their impact.

A strategic approach to procurement is a powerful lever for PPM companies to tackle these challenges. It enables them to improve margins, strengthen their supply chain resilience, and improve the quality and accessibility of patient care. Below, we share examples of how two leading PPMs transformed their procurement strategies in partnership with Efficio to achieve significant cost savings and protect their supply chain from risk.