Health systems face numerous challenges as they migrate from a volume-based, fee-for-service model to a value-based care environment. Aligning supply chain early on is a key to successfully transitioning to this newer reimbursement model. Advantus provides members with health care supply chain expertise and products to smoothly navigate the transition:
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
Physician preference items (PPI) are a hot topic in ORs. But rather than catering to individual physicians’ preferences, Dr. Jimmy Chung, chief medical officer for Advantus Health Partners, proposes a different approach: Reduce variability in PPI to improve patient outcomes using data. The PPI contracts at Advantus aren’t selected by
The health care industry is increasingly focused on transforming operations to deliver better patient outcomes while managing rising costs. One area with great potential for improvement is supply chain. In the latest episode of Outcomes Rocket, Dr. Jimmy Chung, chief medical officer at Advantus Health Partners, dives into how strategic
As a practicing general surgeon for over 20 years, Dr. Jimmy Chung, chief medical officer for Advantus Health Partners, witnessed staggering amounts of operating room medical waste. When he moved from clinical care to health care leadership, he vowed to do something about that. Now Dr. Chung leads the Clinical
Group purchasing organizations (GPOs) offer health systems many benefits, such as lower costs and easier procurement processes. But GPO practices may be diluting these benefits, nullifying value for both health systems and providers. Many GPOs allow virtually any supplier to join its contracts. And while this business model may appear
In a world increasingly conscious of climate change and its impacts, health care organizations are stepping up to address their environmental footprint. “About 10% of the carbon emissions generated in the U.S. come from health care, and roughly 80% of that is related to supply chain,” says Dr. Chung. “There
Value analysis serves as a cornerstone for fostering collaborative relationships between Integrated Delivery Networks (IDNs) and suppliers within health care. An article in The Journal of Healthcare Contracting details invaluable perspectives shared at the IDN Insights West panel that included Cheryl Anderson Smith, System Director of Value Analysis at Steward
There’s too much variability in U.S. health care, which leads to waste and worse patient outcomes. As a surgeon, Dr. Jimmy Chung saw this problem firsthand. Dr. Chung’s journey into health care supply chain management was not a traditional path for a physician. After more than a decade in
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
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