Knowledge Center

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Updated for 2020! Begin your studies of the Supply Chain Management and Finance relationship portion within the CMRP examination with a new interactive and engaging self-directed course.
Health care supply chain leaders discuss methods to reduce the impact of demand surges and supply shortages due to unexpected events. A three-part plan to stabilize, adapt, and evolve to improve supply resilience will be shared, with a deep dive on various ways to increase trust, transparency and predictability in the supply chain.
Value Analysis programs are charged with evaluating products and services while balancing cost, quality, and outcomes in the decision. The quality of the products and the outcomes from using the products cannot be compromised, but today’s environment within healthcare dictates that cost is a significant factor influencing the decision. Unfortunately, the identified savings is not always realized in the anticipated time frame or to the full extent. Every week an initiative is delayed or not fully implemented results in lost dollars that cannot be recouped.
Budget Impact Analysis (BIA) is a type of analysis that can bridge organizational gaps to help improve coverage decisions for new products or procedures. Because a BIA can be adjusted to meet the goals of a particular population with particular needs, it can also improve the value and the quality of healthcare. This type of analysis can help Supply Chain leaders and their collaborative value analysis teams to make local adoption decisions in a timely manner.
Lana Makhanik and Peter Fiorentino discuss discus why Beth Israel Deaconess Medical Center is breathing easier after they overhauled their inventory management system using Ultra high frequency (UHF) radio-frequency identification (RFID) technology. Peter explains why they chose RFID, the success and benefits they have achieved, and lessons learned.Presenters: Peter Fiorentino, Materials Management Cardiology, Beth Israel Deaconess Medical Center and Lana Makhanik, COO, VUEMED, Inc.
 Price: Member: $239.00 | Non-Member: $299.00Continuing Education Credits (CECs): 5 hours
Integrating Physician Leadership in Supply Chain Management
Brent Petty, executive industry consultant, Healthcare Lexmark International, discusses what forces are currently affecting health care and the platform hospitals use for decision-making criteria.
Reducing variability in products, supplies, pharmaceuticals, and other cost drivers is key to achieving margins in Medicare payment. This webinar tails the process used by Vidant Health (an eight-hospital system with a 900-bed academic medical center) to engage physicians in standardization resulting in substantial savings. We cover the process from beginning to end, pitfalls, discovery, and outcomes.
The perioperative services administration at Massachusetts General created a rigorous and rapid approach to raising the level of cost awareness among its nursing, surgical technician, and surgical staff. In this webinar, the leadership team shares how they used data capture to assess supply use and how they changed the culture in their hospital to be more cost aware.
Wellmont Health System in Tennessee has developed a scorecard to help supply chain executives convince even the toughest clinicians and hospital administrators to collaborate and drive down overall costs (while maintaining the highest standards of patient care and safety) by speaking their language: evidence. This webinar provides detail on how to use the DRG scorecard. An excel file of the scorecard is provided upon completion.
In this three-part series, Lisa Tonkinson and Chris Wiekert discuss how the Revenue Cycle can impact your supply chain when embarking on a new software implementation or integration and what you need to know to plan ahead and optimize your technology effectively. Part one discusses the ins and outs of implementing new technology.Presented by: Lisa Tonkinson, Principle, Patient Craft and Chris Wiekert, Senior Product Manager, Infor
 Price: Member: $147.00 | Non-Member: $297.00Continuing Education Credits (CECs): 3 hours
Outsourcing of hospital functions is a common and growing practice in the U.S. and comprises on average 25% of total non-labor spend in hospitals. Many hospitals are finding that the outsourcing of some functions is a double-edged sword. This webinar will help you determine how to make decisions about which services to keep in house and which to outsource in the post-reform era of higher quality and cost savings.
In this 3-part series, learn how the revenue cycle can impact your supply chain when embarking on a new software implementation or integration.
At Hershey Penn State Medical Center, the supply chain and ED nursing team came together in a Kaizen process to reinvent the way supplies were being managed in the ED. As a result of their efforts, a new business process and system was implemented, which increased nursing satisfaction from 10% to 90%, reduced costs and stock-outs, and created a continual improvement process that supports the team’s ongoing needs.
In this three-part series, Lisa Tonkinson and Chris Wiekert discuss how the Revenue Cycle can impact your supply chain when embarking on a new software implementation or integration and what you need to know to plan ahead and optimize your technology effectively. Part three concentrates on vendor solutions and training.Presented by: Lisa Tonkinson, Principle, Patient Craft and Chris Wiekert, Senior Product Manager, Infor
Purchased services typically represents over 20 percent of a healthcare system’s total annual expenditures. During this webinar, we discuss best practices to understand actionable data, identify smaller spend categories for your staff to tackle, and decide when it is safe to go at it alone versus when to recruit additional resources.
Tracking surgical supplies is a challenge. Average returns for picked supplies is low, O.R. in-and-out traffic to retrieve items is high, and significant staff hours are spent checking consumption, restocking, and locating supplies. UTMC and DeRoyal have developed a "smart" radio frequency identification trash bin that tracks inventory used during a case, charges for that inventory, and shows where items are located in the room in real time.