News

 

Savings made by reverse auction overrated

 
A study by the University of Oxford’s Regulatory Policy Institute has found that Department of Health claims about the savings that can be delivered through the use of reverse auctions are exaggerated. They also point out that the approach can, in fact, lead to higher prices or lower-quality products being supplied that cost more in the long run.

Tim Keyworth and George Yarrow, the report’s authors, said: “We do not think the claims made for eAuctions would long survive the rigorous scrutiny of an external audit by a body like the NAO.”

Access the full report: Reverse eAuctions and NHS procurement on the website of the Association for British Healthcare Industries.

 

Full story in bjhc&im June 2006 (487 words)

 

To top^