The health care industry contributes significantly to greenhouse gas emissions, accounting for about 8% of U.S. emissions. Lowering the industry’s environmental footprint while reducing costs and improving patient care is the new trifecta for supply chain leaders and their allies among hospital leadership and medical professionals. In one effort, a
Value analysis serves as a cornerstone for fostering collaborative relationships between Integrated Delivery Networks (IDNs) and suppliers within health care. An article in The Journal of Healthcare Contracting details invaluable
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
Exclusive supply chain GPO contracts handcuff health systems by limiting their options and stifling value.
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
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
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).
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
Combined GPOs expand purchasing power to support sustained cost reductions Cincinnati, Ohio and Louisville, KY (Feb. 6, 2024) — Advantus Health Partners, an end-to-end health care supply chain solutions company and Alliant Purchasing LLC have formed a strategic partnership that will expand the purchasing power for members. “Our vendor partnerships
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
What are purchased services in health care? Purchased services make up more than 40% of a health system’s operating expenses. Despite being the highest expense for health systems beyond labor, it is often the most overlooked. Purchased services include any non-labor expenses that a hospital may contract, purchase or outsource
Because health care is essential to our lives, ensuring the seamless flow of medical supplies and innovation is, too. In a recent episode of the Med-Tech Gurus podcast, Dan Hurry, president of Advantus Health Partners, shares insights on the purpose of supply chain organizations in health care. Comparing Health Care
It’s no secret that health systems need more efficient ways to manage their supply chain products and spend in the operating room. And while ORs can drive significant revenue, inefficiencies in supply chain can undermine quality and affect patient outcomes. Successful OR management strategies update inventory, reduce waste and ensure
Meet Lucy Giesler, a Surgical Navigator with Advantus who thrives on tackling challenges head-on. Lucy joined Advantus in 2021, inspired by a friend in the same position who shared the unique aspects of the role. As a Surgical Navigator, Lucy plays a crucial role in the creation and maintenance of
Meet Hal Paddock, our dedicated pharmacy services purchasing director, who has been an integral part of the Advantus family for more than four years. Since joining in March 2019, Hal has led a dedicated team in optimizing the pharmacy supply chain and ensuring the seamless flow of critical health care
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