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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
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.
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.