A New Year, Same Pressures — But Sharper Tools Health systems are heading into 2026 with a familiar pair of pressures: relentless financial constraints and increasingly unpredictable operational demands. Even as teams work hard to stabilize day-to-day operations, they’re also staring down another year of change, complexity, and uncertainty. The
If you’re a health system supply chain leader feeling squeezed between escalating costs and growing local demands, you’re not alone. Hospital expenses are outpacing inflation — in 2024, they grew
When costs rise and margins tighten, health system leaders often face a difficult challenge: cut spending without compromising patient care. By reimagining the health care supply chain as a strategic asset rather
A one-stop-shop to streamline equipment purchasing for members CINCINNATI, Ohio – (Jan. 10, 2025) – Advantus Health Partners and OpenMarkets Health are teaming up to create a new digital interface called Advantus Supplier Connection (ASC). ASC is an online platform that connects Advantus members to contracted suppliers to simplify the procurement
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 Partners, shared how Advantus is challenging the traditional approaches to supply chain management and bringing innovative solutions to health care organizations.
New strategic services will unlock value to health systems CINCINNATI, Ohio (Oct. 16, 2024) — In a strategic move to improve supply chain resiliency, address shortages and drive value for health systems, Advantus Health Partners has launched Advantus Distribution Services, a new centralized distribution hub located in a suburb of Cincinnati.
As health systems face continued financial challenges, 47% of health care leaders say supply cost reductions will be among their top cost-saving initiatives this year. These reductions will demand difficult choices around what to cut and necessitate an agile response in an inflationary environment. The old ways of doing things
At Advantus Health Partners, we believe in the next generation of health care supply chain. We recently announced an agreement with GE HealthCare of up to $760M over 10-years to provide GE HealthCare’s Healthcare Technology Management (HTM) services to our clients. “We are constantly working to bring next-generation supply chain
Dan Hurry, president of Advantus Health Partners, was featured in an article in Becker’s Hospital Review about “Healthcare Supply Chain’s No. 1 Issue: A Language Barrier.” In the article, Dan discusses the biggest problem for the medical supply chain. Dan believes we don’t have the consistency and intelligence to make
Advantus Health Partners held a webinar with the American Hospital Association (AHA). 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.
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
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
