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
Advantus Health Partners has aligned with Cardinal Health OptiFreight® Logistics to give Advantus GPO members greater visibility into health care shipping and logistics. The program generates approximately $700 million in savings each year for current customers and is expected to deliver thousands more in savings for clients of Advantus through this
Purchased services keep health care running. But these essential purchases — like technology maintenance, hospitality services and business supplies — can easily become a financial drain on your health system. And simply achieving a lower price won’t create long-term cost savings. It takes many small steps of continuous process improvement to achieve
The GE Healthcare technology management (HTM) and Advantus Health Partners collaboration offers complete lifecycle management for health system clinical assets. This program oversees all aspects of medical device management, including procurement management, expenditures, usage, maintenance, disinfection, recalls, and cybersecurity. Through this partnership, members efficiently handle medical equipment performance and risk
Your health system can transform its supply chain strategy more quickly and efficiently with the right dedicated supply chain professionals. The right expertise enables you to reduce supply chain costs while keeping clinical quality your number one focus. One key role is that of the Clinical Resource Program Manager. Understanding
Advantus is “not about being everything to everybody,” as COO John Wright says. Instead of having a surplus of supplier partners in a particular category, Advantus vets and selects a narrow network of strategic suppliers. It’s important that they share our philosophy to create value that extends beyond just price
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.
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