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. Download Article
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Cost per case is a valuable measure because it captures multiple data points. As reports are developed and used, CPC can prove a powerful tool for finding cost reduction and process improvement opportunities—and that can impact your hospital’s bottom line.
Introducing a New Resource for Healthcare Supply Chain Professionals: The ISM® Hospital Report On Business®
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).
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
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
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
UDI in the Healthcare Supply Chain: A Strategic Asset to Improve Patient Outcomes and Reduce Total Cost of Care
By: Carola Endicott Download Article
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. Download Article
How a Community Hospital Improved Heart Attack Outcomes while Reducing Costs to Outperform Most Hospitals in the Country
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.
By: Michael Deluca Download Article
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
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
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.
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
Medical device manufacturers have been working hard to comply with the new Unique Device Identification (UDI) regulations from the FDA that are aimed at bolstering the safety of medical devices. The UDI system, which the agency says will be phased in over several years, is intended to improve patient safety, modernize device post-market surveillance, and facilitate medical device innovation. The FDA program leverages human and machine-readable UDI labeling for identifying medical devices, and device labelers must submit information about each device to the FDA’s Global UDI Database.