Health care supply chain leaders face a paradox: they operate in an industry where clinical excellence and patient safety are non‑negotiable, yet every year they are expected to extract more savings from vendors. To help manage costs, most U.S. hospitals participate in group purchasing organizations (GPOs). But the traditional GPO
Choosing the right healthcare GPO (Group Purchasing Organization) can shape the future of your health system’s supply chain performance including financial outcomes, operational resilience, and clinical outcomes. During the GPO RFP process, asking the right questions ensures alignment, transparency, and long-term value. Below is an article outline with 10 key
Health care organizations face the balancing act of managing supply chains and controlling costs while maintaining quality care provide ongoing challenges. Group purchasing organizations (GPOs) offer hospitals and health systems a way to counteract rising medical supply costs and supply chain disruptions. But health care leaders are looking for more
As health care organizations navigate an increasingly complex landscape for 2025, supply chain leaders are reimagining their strategic role within their institutions. Based on focus group discussions with over 30 executives at the fall 2024 IDN Summit, several critical priorities emerge that will shape supply chain management in 2025. Breaking
In the ever-changing health care industry landscape, the strategic partnership between Advantus Health Partners and Delta Health System has emerged as a beacon of innovation and cost efficiency. Delta Health System, needing to reduce supply chain costs, was searching for an alternate option to augment their Group Purchasing Organization (GPO).
Going Beyond the Financials If your health system is looking to reduce supply chain costs, you’re not alone. Nearly half of health care leaders are prioritizing supply chain as the number one cost-saving initiative this year. Many health system leaders rely on their GPOs to leverage collective purchasing power. But
Exclusive supply chain GPO contracts handcuff health systems by limiting their options and stifling value.
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
Executives in the health care supply chain are challenging how things are done. They are thinking differently about supply chain, moving it from a line item to the bottom line. Recent years have been tough, with lots of challenges, like more drug shortages than we’ve seen in almost 10 years.
Health system leaders look to reduce their overall costs by targeting supply chain optimization — almost half say it’s their No. 1 cost-saving initiative this year. But amid financial challenges, inflation and supply shortages, that goal is much trickier to achieve today. The traditional group purchasing organization (GPO) approach fails
