Supplies are the largest non-labor cost in a hospital, yet much of what they really cost never shows up on an invoice. Clinical time spent hunting for supplies, expired product, excess inventory, and rush orders can equal 20% to 30% of total supply spend.
Our latest guide, The Healthcare Supply Chain Transformation Playbook, gives finance and supply chain leaders a framework for sizing the opportunity in their own organization, building a business case their board will approve, and evaluating every approach competing for that capital.
The playbook includes a four-part financial model you can run against your own numbers, an implementation timeline from decision to cash, and results from health systems using BlueBin's process-first approach, including Walter Reed National Military Medical Center, which recovered $5.2 million in excess inventory against a $2.36 million program cost.
Learn how to uncover the costs hiding beneath purchase price and build a supply chain business case that holds up to scrutiny.
Learning Objectives:
- Identify the six categories of hidden supply chain cost and estimate what they add beyond purchase price in your organization.
- Learn how to model recurring savings, one-time working capital, and released staff capacity, and present cash and capacity separately to your board.
- Discover the contract commitments and evaluation questions that hold any transformation partner accountable for results.
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