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
In 2024, 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
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
Health systems are under pressure to reduce costs, especially in supply chain. While that can feel like a monumental task, it’s easier to achieve when you approach it with the right game plan. Move your supply chain from transactional to strategic and create a high performing supply chain. This infographic
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