Knowledge Center

The ISM® Hospital Report On Business® is the first ISM® report to focus on the healthcare sector. It is being established in partnership with AHRMM, and with the assistance of the Strategic Marketplace Initiative (SMI).

Healthcare delivery systems in the U.S. have traditionally targeted health intervention strategies at individuals rather than populations. However, the transition to value-based care necessitates that healthcare providers develop population health management strategies to improve disease management. This article outlines the ways in which population health management can benefit both the healthcare system and the health of the communities it serves. By: Michelle Kurta, Mary Beth Lang, Benjamin Collier, and Scott Mullins

Over the years, the concept of the Triple Aim has taken hold, with well over 100 participating organizations, including the AHA, among its champions. But along the way, there remains confusion about exactly what is meant by the health of populations. Clearing up this issue also provides important insights into the expanding relevance of the CQO movement and the supply chain profession in the broader healthcare landscape.

Real-time supply chain costs serve as an indicator of how efficiently resources are being used by different parts of the organization. Armed with this information, healthcare providers are beginning to predict what their supply needs are instead of being reactive, which most of the time results in excess purchasing that inflates costs across the board. By: Murray Walden  Download Article

Discover tips that can separate a health system’s success or failure when creating a viable purchased services sourcing program in this short AHRMM webcast.

Collecting and analyzing data has been a top priority for the healthcare supply chain in recent years. Health systems have been on a quest to find the right data. Data with the power to unveil some of the long-elusive mysteries behind supply usage and costs to help make smarter product and technology decisions, ultimately reducing cost and enhancing patient care

In 2014, AHRMM hosted the first Cost, Quality, and Outcomes (CQO) Summit to bring healthcare thought leaders together to discuss particular supply chain issues and concerns. The results of those conversations were used to develop the first task force and to shape the agenda for the second CQO Summit, held in 2015. This white paper was written as a recap of the AHRMM17 CQO Summit, held in July 2017 in Washington, D.C.

Donna Gammarato discusses the importance of creating specialized value analysis teams to analyze resource utilization and reduce costs

By: Carola Endicott Download Article

This case study provides a review of Grady Health System’s transformation from traditional Value Analysis Joint Product Review Team structure to Value Based Selection Committees which promote shared governance including system wide physicians and executives focusing on full integration of cost, quality, outcomes analysis to ensure selection of products offering the greatest overall value for cost reduction and improvement of outcomes.

This article is from the March/April 2017 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. At St. Francis Hospital, HealthTrust advisors and the cardiovascular team implemented successful processes producing consistent door-to-balloon times of less than 35 minutes, slashed costs associated with renal failure by 90 percent, and reduced readmissions below the national benchmark. HealthTrust is a sponsor of the Cost, Quality, and Outcomes (CQO) Movement.

The shift to bundled payments in health care continues to push the supply chain to a more central position in the overall operations and capabilities of progressive health systems.

By: Michael Deluca Download Article

This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. When supply chain analytics are enabled by the right data collection technology, they have the power to help hospital leaders better predict, trend and analyze product utilization information at every touch point throughout the enterprise. Download Article

This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. As the hospital pharmacy landscape continues to become more and more complex, hospitals and health systems need to understand that better management of the medication supply chain will help balance ever-evolving fiscal challenges. Download Article

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This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. Unlocking individual silos in healthcare organizations is a key step toward delivering the optimal value in patient care at the appropriate cost. Multidisciplinary sourcing teams with the right software platform can elevate the role of healthcare supply chain. The result: stronger negotiating processes with suppliers and better contract terms.

An article from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. This article will discuss the shift from technology simply being used to source goods and services (i.e. reverse auctions, electronic RFPs/RFIs, online contract authoring) to how leading-edge technology is now used to enforce compliance and utilization of contracts. Download Article

Increasing federal regulation compliance costs and declining reimbursements have compressed hospital profitability. This is leading hospitals to turn to Supply Chain to reduce direct costs for supplies, devices, drugs, and purchased services. Traditionally Supply Chain has aggressively pursued these cost reductions through price reduction tactics. These techniques, however, are yielding diminishing savings returns.