Knowledge Center

145 Results Found

Learn how Rush University Medical Center took an innovative approach to cost reduction and achieved a 21% reduction in the hospital’s shoulder replacement spend, delivering $800,000 in savings in less than one year.
This white paper explores the importance of balancing health care supply sourcing through both domestic and international suppliers, the benefits and challenges of building new, domestic health care supply chains, and why community sourcing and warehousing can benefit hospitals, their staff and communities, and the delivery of high-quality patient care.
Explore common indirect spend risk considerations and prepare to take steps to introduce resiliency within indirect spend categories.
Read a sponsored blog from Owens & Minor to learn how strategic partnerships can help hospitals lower costs, improve supply chain resilience, and improve operational efficiency.
In this case study, learn how Kaleida Health drove system-wide clinical-supply integration using three key strategies to build a clinically integrated supply chain.
BJ McCluskey, Director of Resource Optimization at McLeod Health, discusses how supply chain and surgical teams at McLeod Health improved data points to generate meaningful, relevant and actionable information through collaboration with all stakeholders including Finance and other departments. This podcast is also available as a webcast. Watch Webcast  
Explore opportunities for improving the procure-to-pay cycle to generate better outcomes for both health care organizations and their supplier partners.
Improve clinical and financial outcomes for hip fracture care using a standardized, collaborative service line approach.
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.
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.
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.