Roycroft will advance market impact of the end-to-end supply chain solutions company CINCINNATI, Ohio (Dec. 18, 2024) —Advantus Health Partners recently appointed Rick Roycroft to the role of chief commercial officer for the end-to-end supply chain solutions company. Roycroft will oversee business development strategies and tactics that support growth for
Prestigious Gartner Top 25 Recognizes Health Care Supply Chain Leadership CINCINNATI, Ohio (Nov. 21, 2024) — Gartner, Inc. has released their 2024 Supply Chain top companies ranking and Bon Secours
Industries must adapt and innovate to keep up, and health care is no exception. In a recent interview with Authority Magazine, Dr. Jimmy Chung, chief medical officer at Advantus Health
Purchased services keep health care running. But these essential purchases — like technology maintenance, hospitality services and business supplies — can easily become a financial drain on your health system. And simply achieving a lower price won’t create long-term cost savings. It takes many small steps of continuous process improvement to achieve a
Retail approach to health care supply chain sparks new partnership Cincinnati, Ohio and Anchorage, Alaska (May 14, 2024) — The pandemic caused many organizations to adapt and make changes, which holds true for Advantus Health Partners and Warrior Outdoor, LLC. The leaders of Advantus Health Partners accelerated the launch of the
Indirect procurement firm fills important supply gaps Cincinnati, Ohio and Louisville, KY (May 09, 2024) — Advantus Health Partners announced a new strategic collaboration with indirect expenses and supplier management experts, Alliance Cost Containment (ACC). ACC is an award-winning procurement firm that specializes in printing services, telecom, Maintenance, Repair, and Operations
The traditional approach to health care supply chain operations is facing a transformative shift. In an article with Healthcare Purchasing News, Jimmy Chung, MD, chief medical officer at Advantus Health Partners, sheds light on the future of supply chain transformation. As health systems recognize the pivotal role of supply chain
One of the most pressing challenges faced by the health care industry is the national drug shortage crisis. Craig Wright, vice president of Pharmacy Services at Advantus Health Partners, sheds light on the complexities of this crisis and provides insight into how the health care system can tackle the issue head-on.
At Advantus Health Partners, we’re continuing to reshape health care supply chains, working to ensure that the industry remains resilient and efficient. In a recent interview with Pulse 2.0, Dan Hurry, president of Advantus, provided insights into how Advantus is revolutionizing health care supply chains. Navigating Uncharted Waters Launching a
The GE Healthcare technology management (HTM) and Advantus Health Partners collaboration offers complete lifecycle management for health system clinical assets. This program oversees all aspects of medical device management, including procurement management, expenditures, usage, maintenance, disinfection, recalls, and cybersecurity. Through this partnership, members efficiently handle medical equipment performance and risk
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
You might be tempted to let your health care supply chain run in maintenance mode with a GPO. But the last few years have taught us a crucial lesson: Successful health care organizations have a strategic plan for their supply chains. And their plans are forward-thinking and future-proof. If you
The health care industry faces an alarming statistic: the supply chain accounts for up to 40% of a hospital’s total operating costs, yet only 17% of products are distributed through a consolidated model. This inefficiency stems from the lack of standardization in product selection, which results in higher acquisition expenses,
It’s no secret that health care organizations routinely engage in a delicate balancing act. It’s one that has them carefully considering their efforts to improve patient experience and care alongside their need to maintain optimal profitability. Supply chain costs consistently emerge as a critical component in every discussion around sustaining
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