Don’t Let the Heat of Summer Slow Down Your Savings

The heat of summer often invokes images of lazy days, drinking lemonade on the porch and avoiding exerting oneself too much in an effort to stay cool. The hot, muggy summer heat can be a deterrent to many activities you want to get done – whether weeding the garden, working out or finally getting to the work projects you have been putting off for months. When it’s really hot outside and no matter how much you may be motivated to get things done, it’s easy to fall into the trap of just kicking your feet up and staying inside.

You’re probably thinking “what in the world does the summer heat have anything to do with hospitals finding savings in capital equipment?” In a literal sense, nothing. But in this case, everything. With summer in full swing, hospital executives around the country tell us that “it’s hard to get much done right now” given many executives and supplier representatives are on vacation and everything seems to move more slowly.

Instead of letting the summer heat slow down your efforts, look at it as an opportunity to demand more attention and better information from your supplier representatives. Get the best prices or take advantage of possible discounts or incentives their company may agree to now, vs. waiting until later in the year when the temperature gets colder and activity gets hotter. This is relevant even if your reps, or their bosses – are on vacation or claim to be busy with summer activities. If they want your business, they will make the time to get you what you want so you can make the most informed and confident spending decisions about their products or services.

Your industry peers may think that waiting for everything to get back to its normal pace will make everyone’s life easier, the reality is it’s rarely the case. You run the risk of having to compete for your reps attention with every other hospital facing budget and spending deadlines. There is a real cost to waiting. As everyone gets increasingly busy, hospitals are often forced to scramble to finalize the exchange and review of supplier quotes and other critical information, and it puts more pressure on you, your team and your suppliers to get things done under tight deadlines. Instead of falling into that trap, think of the time – and money – you can save by pressing your reps into action now.

Take advantage of the many positive aspects of summer to capitalize on the opportunities that may not be as easy to accomplish later in the year after vacations are over and everyone is fully engaged. Finally, as a Minnesota-based company – we know all too well that winter is always just around the corner. Remember that if the heat gets to be too much, you can always turn on the A/C, grab a Popsicle and be sure to take time to enjoy all that summer has to offer.

About the Author

peter-robson

Peter Robson, Miga founder and CEO, is passionate about the opportunity to reduce the cost of healthcare and founded Miga with a vision of transforming the market for medical equipment. Peter oversees day to day operations and leads business development, expanding Miga’s network of clients, suppliers and strategic partners around the world.