Supply Chain

The hospital supply chain is but one operational area where efficiency reigns supreme. Health organizations need to keep the processes of ordering and delivering supplies as lean and as visible as possible. Supply chain management can often consume up to 35 percent of a hospital's operating budget, said Vi Shaffer of Gartner. Many vendors offering supply chain management solutions for healthcare claim to integrate and streamline the process to increase efficiency.

RELATED STORIES:
Report: Healthcare supply prices rising
Inflationary prices challenge hospital supply chain

 
The 340B program is critical for hospitals and other providers that serve some of our country's poorest and most vulnerable patients. When providers monitor compliance and track 340B drugs properly, the program can fulfill its intended purpose.
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Post date: September 2, 2014
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The drought in California has everyone concerned that food prices will skyrocket, but so far, the impact of the severe weather has been low for most hospitals, and where felt, strategies have been implemented to minimize the damage.
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Post date: August 26, 2014
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Software is making supply chain automation a long hoped for reality and the biggest reason your hospital is likely to get on board is money.
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Post date: August 12, 2014
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Healthcare systems have used value analysis since the 1990s, but the process is gaining more prominence amid the uncertainty created by healthcare reform and other changes in the way hospitals are reimbursed.
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Post date: August 11, 2014
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Although a May 2014 U.S. District Court ruling vacated HRSA's 340B orphan drug regulation, the agency has issued an interpretive rule affirming its policy on the orphan drug exemption. The pharma industry is up in arms, but what does it all mean?
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Post date: July 25, 2014
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For many larger healthcare organizations, group purchasing has yielded significant savings. Physician practices are also mulling whether or not they can achieve savings through aggregated procurement.
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Post date: July 15, 2014
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Purchased services can drain a lot of money and time from an organization because it is so diverse, but a value analysis approach can clean up the disorder.
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Post date: June 26, 2014
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Medical device company Medtronic will catapult into the market’s stratosphere with its $42.9 billion bid to purchase rival Covidien.
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Post date: June 17, 2014
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The breakthrough hepatitits C drug Sovaldi has brought the high price of specialty pharma to recent public attention. But less examined are proactive approaches that could be used to curb the growth trend without depriving patients of needed therapies.
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Post date: June 13, 2014
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Back in January, U.S. hospitals began to experience a serious shortage of intravenous saline solutions, caused mainly by a spike in demand during the beginning of the 2013 flu season. Fast forward to May, and hospitals are still struggling with the shortage.
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Post date: May 29, 2014
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The healthcare industry recognizes the need to reduce its impact on the environment, yet sustainability isn't always a high priority among the decision makers at individual U.S. hospitals. Here are some ideas to help your facility get started.
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Post date: May 22, 2014
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When examining the cost of product procurement, delivery and distribution within a health network, executives may only be considering about half of their total supply chain spend.
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Post date: May 9, 2014
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The incidence for abdominal aortic aneurysms (AAA), a bulging, weakened area of the aorta, has led the U.S. market for AAA repair to increase rapidly. It is currently valued at $600 million annually and is forecasted to grow to $1.6 billion worldwide by 2015.
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Post date: September 9, 2014
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One of the most daunting challenges any newly appointed healthcare supply chain leader will face is establishing direction. The best practices listed below, gathered from my 16 years of experience in supply chain, will get you moving in the right direction.
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Post date: August 21, 2014
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A primary key to survival for providers will be their ability to increase efficiency and reduce costs in the supply chain, but participating in a GPO is not enough.
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Post date: August 20, 2014
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Radiology reimbursement continues to drop, but healthcare providers often can achieve significant savings off the quoted vendor price for CT systems. Keys to finding savings include creating a strong, united team approach and determining what service coverage is best for a particular CT scanner.
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Post date: August 13, 2014
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Business intelligence is a popular buzzword in the healthcare industry, tapped as a cure-all for almost every faulty business or clinical process. But while BI is not a panacea, done properly it can translate raw data into actionable knowledge and help cut hospital costs.
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Post date: August 4, 2014
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Health systems are making strides to move care beyond the hospital walls and better connect patients with resources that can keep them healthy. It starts by identifying areas of risk and harm -- both inside and outside of care facilities.
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Post date: July 25, 2014
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CMS plans to recompete the supplier contracts awarded in Round 2 of the Medicare Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program, with new contracts beginning July 2016.
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Post date: July 18, 2014
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Portable chest X-rays are the most common diagnostic exam in intensive care units. But pricing for portable X-ray systems varies, and can range from $40,000 to over $235,000, depending on a variety of factors.
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Post date: July 9, 2014
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Driven by an aging population and an expanding pool of younger patients, bone-graft substitutes are a $2.5 billion market, which should continue to rise as a result of minimally invasive procedures.
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Post date: June 18, 2014
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Bariatric surgery has experienced a 16-fold growth in the U.S. within the last 15 years. Reimbursement for gastric band placement and gastric band removal/replacement -- the main types of bariatric procedures -- will increase by 4.5 percent and 6.8 percent respectively in 2014.
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Post date: June 4, 2014
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How can healthcare supply chain leaders make sure supply chain rises to the top as one of the major priorities within a healthcare organization? Here are some tips to help place supply chain concerns in front of C-level decision-makers.
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Post date: May 30, 2014
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CMS has just released a proposed rule that would require Medicare prior authorization for certain Medicare Durable Medical Equipment items that the agency characterizes as "frequently subject to unnecessary utilization." The decisions would not be subject to appeal.
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Post date: May 23, 2014
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