Between 2010 and 2021, 136 rural hospitals closed their doors, an average of about 12 a year. In 2020 alone, however, 19 rural hospitals were forced to close, largely due to the COVID-19 pandemic. Rural hospitals have experienced higher material costs, difficulties hiring and retaining staff, and less revenue due
2022 has proven to be a difficult year financially for many organizations, especially for health systems. However, a new year offers the opportunity for a clean slate and a refreshed budget. Many health care organizations are looking to reduce their spend, and supply chain can be the best place to
Advantus President, Dan Hurry served as a panelist at the Becker’s Healthcare Virtual Annual Meeting discussing, “Health System Financial Recovery and Margin Improvement: The Strategic Importance of Supply Chain and Utilization Management.” He joined other experts from Accumen, Inc and Bon Secours Mercy Health for this important topic where they described proven strategies that can help health systems and hospitals to drive down costs and increase efficiency, while also improving patient care.
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