Advantus is “not about being everything to everybody,” as COO John Wright says. Instead of having a surplus of supplier partners in a particular category, Advantus vets and selects a narrow network of strategic suppliers. It’s important that they share our philosophy to create value that extends beyond just price
What are purchased services in health care? Purchased services make up more than 40% of a health system’s operating expenses. Despite being the highest expense for health systems beyond labor, it is often the most overlooked. Purchased services include any non-labor expenses that a hospital may contract, purchase or outsource
Because health care is essential to our lives, ensuring the seamless flow of medical supplies and innovation is, too. In a recent episode of the Med-Tech Gurus podcast, Dan Hurry, president of Advantus Health Partners, shares insights on the purpose of supply chain organizations in health care. Comparing Health Care
In an increasingly interconnected health care landscape, the role of supply chain management has never been more crucial. From ensuring the availability of essential medical resources to optimizing costs without compromising patient care, supply chain management serves as a cornerstone of effective health care operations. On a SoundPractice podcast episode,
On May 25th, Advantus Health Partners held a webinar with the American Hospital Association (AHA), “Bridging the Price Gap in Rural Hospital Supply Chain.” In the webinar, Advantus’ president, Dan Hurry, shared strategies rural and community hospitals can use to optimize their supply chain. See the full transcript below. AHA
Health care organizations face many challenges in their supply chain that add to its complexity. “In health care supply chain, we lack a universal language. If you look at the retail world, you have universal product codes that help the intelligence for the digital supply chain and the flow of
Are your rural hospitals paying higher supply chain costs? Did you know that rural and community hospitals are some of the most underserved when it comes to supply chain operations? The data shows that these hospitals pay about 30-40% more on supply chain costs than an IDN. Rural hospitals are
At Advantus Health Partners, we’re passionate about helping health systems reduce their supply chain spend. On a recent episode of PSQH: The Podcast, Jimmy Chung, M.D., chief medical officer of Advantus Health Partners, shares lessons learned from 2022 and areas of opportunity for health systems. Shortages are still expected to
Our Chief Medical Officer, Dr. Jimmy Chung joined Becker’s Healthcare Podcast to discuss clinical quality and developing value-based patient experience. Dr. Chung focused on several dimensions in the fifteen-minute podcast.
Advantus Health Partners Corporate Vice President Clinical Transformation Amy Whitaker was recently a guest speaker on the Med Tech Gurus podcast.
Amy discusses clinical transformation as being key for innovative technology. What can be done to achieve this, and what are the must-do steps. She also emphasizes the importance of data when it comes to decision-making in this thirty-minute podcast.
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