Knowledge Center

Healthcare expenses continue to rise and yet hospitals are realizing consistently shrinking margins. Healthcare supply costs are typically the second largest expense to a hospital and must be managed in a manner that ensures providers have access to quality products but also with an emphasis on cost awareness and expense reduction strategies. Healthcare supply chains must leverage their data in order to make better business decisions to reduce costs and increase operational efficiencies through the use of business analytics.

How to assess the total procedural value through a clinical and economic lens.

Consider how the four emerging themes on purchased services and their leading practices can deliver improved margins.

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.

NYU Langone Health adopted High Reliability Organization (HRO) principles and developed a transformational approach in order to support clinical needs and drive quality patient outcomes. In this webinar, supply chain leaders discuss NYU Langone's supply chain transformation. Presenters cover HRO education and concept training, action-oriented committees and project specific development, as well as planning and implementation.

In this three-part webcast, Howard Mann, Vice President, Supply Chain Management at Cardiovascular Care Group discusses the basics and relationship of Value Analysis and Value Based Purchasing to achieve high Cost, Quality and Outcomes success. Part three discusses how accurate value analysis and product choice can affect VBP outcomes.

A panel of health care industry leaders shares their insights and experiences in creating a best-practice supply chain that supports the intersection of cost, quality, and outcomes within their institutions.

Resiliency in the operating room is imperative in today’s health care climate. A well-functioning OR has the potential to increase the number of patients served and further enhance its contribution to the hospital's bottom line. This presentation discusses how supply chain process improvements help achieve CQO in the OR.

This AHRMM webinar will help engage physicians to reduce costs and improve patient outcomes.

  Price: Member: $98.00 | Non-Member: $198.00 Continuing Education Credits (CECs): 2 hours

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.

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.

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.

Integrating Physician Leadership in Supply Chain Management

 Price: Member: $239.00 | Non-Member: $299.00Continuing Education Credits (CECs): 5 hours

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.

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.

 Price: Member: $147.00 | Non-Member: $297.00Continuing Education Credits (CECs): 3 hours