By Bob Brewin bbrewin@govexec.com
July 25, 2007
The Veterans Health Administration could slice $500 million to $700 million a year from its budget by using a sophisticated form of electronic purchasing to buy supplies, drugs and services, the former leader of the agency told senators Wednesday.
Dr. Kenneth Kizer, VA's undersecretary of health in the late 1990s, told members of the Senate Veterans Affairs Committee at a hearing that private hospitals using a technique known as "expressive commerce" typically see savings in the range of 12 percent to 18 percent on purchases.
More at http://www.govexec.com/story_page.cfm?articleid=37574&dcn=todaysnews
