Knowledge Center

Organizations rely on multiple strategies to reduce waste and control costs, while providing the best possible medical outcome for patients. Standardization, investment in new technologies and inventory management automation (Point-of-Use Systems) are a few strategies that organizations can use to realize cost savings and waste reduction. Download Article

Smart KPIs are absolutely essential in the health care supply chain because they provide hospitals with the data visibility that is necessary for guiding and achieving inventory optimization and cost savings goals and controlling supply spend; they are, in fact, the cornerstone of a competitive and more strategy-oriented supply chain.

Blockchain technology provides a promising future for health care by improving the transparency in products and processes while providing advanced security measures to protect patients and confidential data. Download Article

Implementing a Low Unit of Measure (LUM) program at your organization has many benefits beyond reducing inventory.  LUM can act as a catalyst in implementing other associated LEAN principles such as streamlining staff, processes and technology. All of which will increase efficiencies and reduce redundancy and waste in your supply chain. Download Article

Changes in population health, the advent of disruptive technologies and consumerism are forcing changes in the way the entire health care continuum is defined, including the supply chain. By: Andria J. Davis Download Article

Though life-saving breakthroughs are occurring daily, the way health care is delivered continues to be more like a race between the hare and the tortoise.  By Bob Taylor, senior vice president, supply chain, RWJBarnabas Health Download Article

Innovation in health care goes far beyond products and services. It encompasses the way patients perceive their health care experience. By Dave Reed, vice president, healthcare solutions, Cook Medical Download Article

Supplier Relationship Management (SRM) redefines business expectations and brings a dynamic and strategic approach to the supply chain. By Ed Hardin Jr.  Download Article 

By: Nicholas Link Download Article

By: Lora L. Johnson Download Article

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

By: Antony Koblish Download Article

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

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).

The CQO movement is the health care supply chain’s fitness tracker. It engages supply chain with leaders across the healthcare environment to apply a new approach. To start with your own CQO KPI, look for your Bigfoot within your organization to identify top priorities. After looking at those top priorities, apply the CQO perspective.

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.

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.

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

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