As health systems face continued financial challenges, 47% of health care leaders say supply cost reductions will be among their top cost-saving initiatives this year. These reductions will demand difficult choices around what to cut and necessitate an agile response in an inflationary environment. The old ways of doing things
At Advantus Health Partners, we believe in the next generation of health care supply chain. We recently announced an agreement with GE HealthCare of up to $760M over 10-years to provide GE HealthCare’s Healthcare Technology Management (HTM) services to our clients. “We are constantly working to bring next-generation supply chain
At Advantus Health Partners, we’re passionate about helping health systems reduce their supply chain spend. On a recent episode of PSQH: The Podcast, Jimmy Chung, M.D., chief medical officer of Advantus Health Partners, shares lessons learned from 2022 and areas of opportunity for health systems. Shortages are still expected to
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
Andy Nelson, executive director of Supply Chain Field Operations at Bon Secours Mercy Health, represented Advantus as a panelist at the recent The Business of Healthcare Summit, a gathering of Cincinnati-area health care leaders to discuss the industry’s toughest challenges. The event was held at the Duke Energy Center and
Noah Dunlap, VP, Insights, Innovation, PMO at Advantus Health Partners, has been featured in the Cincinnati Business Courier in an article about our commitment to supplier diversity. The article details our willingness to share critical information across supply chain to optimize business opportunities for minority suppliers. In the article, Advantus
Advantus Health Partners is excited to celebrate significant work anniversaries for two team members, totaling more than a century of experience. Gloria Ruffin celebrates 51 years in supply chain Gloria Ruffin is celebrating 51 years of dedication to supply chain within the Bon Secours Mercy Health ministry and Advantus Health
As a supply chain solutions company, Advantus started by managing supply chain for Bon Secours Mercy Health, a 50-hospital health system. Early on, we discovered that involving clinicians in the supply chain process led to better outcomes for patients and helped reduce costs.
Supply chain departments play an important role in the acquisition of medical devices and supplies. Physicians have the power to take on a larger role in this decision-making process.
Creating more sustainability in your supply chain doesn’t have to be costly or difficult. There are things you can do that will mitigate negative impacts on the environment–and they don’t require you to spend millions of dollars or institute drastic measures that affect performance and productivity.
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