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.
As a board-certified surgeon, Dr. Chung made a bold shift from clinical practice to supply chain management. His journey began when he realized that optimizing supply chains could have a broad impact on health care, improving patient care while reducing waste and inefficiencies. Advantus has taken a unique approach by reducing variability in supply chains, similar to a “Costco model,” ensuring health care systems have access to fewer but higher-quality products.
“By reducing variability and focusing on fewer, superior options — the best of the best — health systems achieve lower costs, higher-quality care and a more reliable supply chain,” shares Dr. Chung.
One key innovation Dr. Chung discussed in the article is Advantus’s application of high-reliability principles from industries like aviation and utilities to health care. This approach aims to minimize errors and unnecessary variability, ensuring higher-quality care and lower costs. Additionally, Advantus views patients as customers, prioritizing their experience and needs to drive better outcomes.
By leveraging data and AI, Dr. Chung believes that health care organizations can make smarter supply chain decisions, enhancing safety and efficiency. Through his involvement, Advantus is not just navigating disruption — we’re driving it, transforming health care supply chains to improve the entire system.
Contact Advantus to learn more about the innovative approaches we’re taking drive disruption in health care supply chain.