Contract Administration Conference Advances Progress In Pricing Accuracy 

Alexandria, VA, June 4, 2021 - The COVID-19 pandemic fostered a flurry of quickly negotiated contracts, which presented challenges but also fostered innovation among quick-thinking contract administration professionals.

The Healthcare Supply Chain Collaborative’s Contract Administration Conference brings these experts together from distributors, manufacturers, GPOs, and providers to consider best practices moving forward. A series of practical case studies will be presented to highlight solutions to pricing management challenges.

• Near-Perfect Customers & Price Matching Through New Tech Tools – Ansell Healthcare will discuss its new customer master tool to facilitate chargeback processing and sales reporting.
• Using Blockchain To Manage Contracts Between Healthcare Trading Partners – Executives with McKesson, Premier, and the Mediledger Network who will share their progress on a pharmaceutical industry pilot project using blockchain for price synchronization.
• A Proactive Approach To Pricing Alignment – SCL Health and Medline will explain how weekly huddles and other collaborative strategies ensure files are organized and pricing is aligned.
• Streamlining Contracts During A Merger – A major merger spurred HonorHealth to do a major contract clean-up and to more than halve its contract agreements. 

The Contract Administration Conference is a working event driving standardization and best practices in contract administration. It takes place virtually June 23-24. Details and registration information can be found here.

About HIDA
The Health Industry Distributors Association (HIDA) represents the country’s medical product distributors – the nation’s essential link between manufacturers and patient caregivers. HIDA members offer critical services increasing the efficiency of U.S. healthcare providers, including hospitals, nursing homes, laboratories, home care, and physician practices. For more information, visit HIDA.org.