What Do We Look For In A Vendor?

Through a partnership approach, MAGNET and its vendors can respond quickly to a health care organization's needs and to regional health care trends. MAGNET and its Member Organizations provide vendors with data and firsthand information regarding what is driving the purchase of services, supplies, and capital equipment.

Our concentrated geographical base facilitates the design of effective marketing strategies. We are intent on building close relationships with our vendors, treating them as "partners" rather than as "free-lance" sources.

MAGNET and its Member Organizations provide marketing support to our vendor partners, including coordinating the development of customized plans to promote all agreements. We also provide the vehicle to bring all MAGNET marketing personnel to a common level of understanding regarding each vendor's unique assets via an annual MAGNET Vendor Partnership (MVP) meeting.

In selecting contract vendors, MAGNET looks for:

• Quality products and services



• Lowest acceptable net prices based on the "total cost" of each contract item, not merely the acquisition prices



• Sales and service capabilities available for all health care facilities



• Stability in past, current, and future levels of performance



• Opportunities for long-term "partnerships" within MAGNET's geographical service area

While pricing is important, MAGNET never loses sight that high quality and service are the first requirement of every health care provider. Our partnership approach to business enables us to bring suppliers and providers together in the true spirit of cooperation and thus, remove tangible cost from the health care delivery system.