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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 Download Article
Successful CQO initiatives must start with data that is reliable and accurate, but it takes physician leadership to make sure it is also meaningful. With the complex array of data sources available today, special skillsets are needed to drive a clinically oriented data strategy and build an architecture of analytics that can be drilled down to physician level and individual cost drivers.
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
Utilizing the right platform will not only enable simple purchasing of on-demand parts, accessories and services online, but it will also integrate with asset management and ERP systems.
In the spectrum of payment models, with fee-for service on one end and capitation on the other, bundled payments is somewhere in the middle. No single payment model has been completely successful in the past, but there is no dispute that cost reduction must be one of the primary goals of any model that all stakeholders can agree on. Download Article
Consumerism in healthcare has been on the rise as the impact of healthcare reform translates to narrower networks, higher deductibles and co-payments for patients, coupled with the shift toward value-based reimbursements for providers. With these changes, supply chain needs to work more closely with finance, clinicians, physicians, and health plans in this new healthcare economy. Download Article
This article is from the November/December 2016 issue of the AHRMM member-only magazine, Supply Chain Strategies & Solutions. As 2016 comes to an end, we can look back and see that this year has brought a lot of new opportunities to help facilities achieve better patient outcomes, implement the Triple Aim framework, and new mobile applications patients can access to keep up with their health. 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.
When I started in supply chain, the position that was presented afforded me the opportunity to utilize my clinical and business skills with the goal to maximize relationships that I had cultivated over the years as a critical care nurse and leader. Healthcare was going through a transformative change with the introduction of diagnosis-related groups (DRGs) and managed care impacting the way hospitals and ultimately physicians would be paid. The job description was for a clinical resource manager—a novel concept at the time.
The evolution of our healthcare system from a volume-based to a value-based model is driving provider organizations to adopt patient-centric, outcomes-based success metrics for operational processes in both acute and non-acute settings. Download Article