Organizations rely on multiple strategies to reduce waste and control costs, while providing the best possible medical outcome for patients. Standardization, investment in new technologies and inventory management automation (Point-of-Use Systems) are a few strategies that organizations can use to realize cost savings and waste reduction.
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Supplier Relationship Management (SRM) redefines business expectations and brings a dynamic and strategic approach to the supply chain.
By Ed Hardin Jr.
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Changes in population health, the advent of disruptive technologies and consumerism are forcing changes in the way the entire health care continuum is defined, including the supply chain.
By: Andria J. Davis
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Though life-saving breakthroughs are occurring daily, the way health care is delivered continues to be more like a race between the hare and the tortoise.
By Bob Taylor, senior vice president, supply chain, RWJBarnabas Health
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Innovation in health care goes far beyond products and services. It encompasses the way patients perceive their health care experience.
By Dave Reed, vice president, healthcare solutions, Cook Medical
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Outcomes-based contracting is no easy feat but when conducted properly, it creates a synergistic model that can significantly improve outcomes.
Author: Jeffrey Ashkenase, MPA, Executive Vice President, Acurity, Inc. and Nexera, Inc.
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By: Nicholas Link
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With all of the significant changes happening in the health care field, this is an exciting time in supply chain, but certainly a challenging time. It presents the opportunity for us to take a look at how health care supply chain as a field has evolved over the years, and where it needs to go in order to support these changes.
Author: Dave Reed, Vice President, Healthcare Solutions, Cook Medical
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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
Data is becoming as much of an asset to an organization as its people. Being able to reliably quantify value and deliver on the promise of high-quality healthcare at a lower cost using evidenced-based decision making will be what distinguishes those providers and suppliers from their competitors.
Lean Six Sigma (LSS) is a combination of two process improvement methods. Lean is a system that works to eliminate waste, making processes faster and simpler to follow; it is about doing more with less and speeding things up.
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The continuum of the supply chain for healthcare has historically been siloed within each organization, separate from even a healthcare’s own entity. As the shift of patient care goes from an inpatient setting to outpatient, how are today’s healthcare organizations adjusting to this shift and creating an efficient and relatively seamless supply chain for customers, both separate outpatient entities and their patients?
Millennials will continue to remain significant to the growth of healthcare in years to come. In order to be successful at attracting millennials as patients, a patient-centered approach is required.
By Sue MacInnes
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From a supply chain perspective, the use of UDIs will help with the visibility of supplies throughout the continuum of care.
By Dennis Mullins, MBA, CMRP
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Bundled payments provide a single payment for a defined episode of care that is shared among the caregivers involved in the delivery of care, with the risk shifting primarily to hospitals. The logic is that this will promote better care coordination among the various providers, while reducing wide variations in both the cost of care and how care is delivered.
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