Key Findings
Annual Spend
$261,122
1-Year Savings
$108,134
3-Year Savings
$324,402
Annual Savings
41%
Even with a minimal annual spend, price increases from their medical waste vendor were adding up.
Stericycle, the medical waste vendor, was issuing price increases midway through this company’s contract. They had recently renewed their previous three-year agreement, but were still seeing their costs go up.
Their Group Purchasing Organization, Intalere, recommended TCVG to review their contract and find better rates.
We checked their contract rates against what Stericycle was charging similar businesses – and found some discrepancies.
Using our proprietary national database, we checked what Stericycle was charging similar businesses around the country.
Not only was this company paying significantly more than their counterparts, we also found annual price increases buried in the contract they had just renewed.
