In Purchased Services, Understand What You're Negotiating

11/16/16
It’s a generally accepted fact that purchased services account for 20 to 30% of a hospital’s total expenses. It’s also generally accepted that with more than 300 categories, it’s a largely untapped source of savings across the health care supply chain. And, with contract ownership spread over a multitude of departments in a typical health system, gaining traction around negotiating new agreements is a lot like trying to eat Jell-O with chopsticks—it isn’t... More

Implementing Unique Device Identifiers: Are You Ready?

11/02/16
Unique device identifiers (UDIs) have begun their integration into hospitals and their supply chains. Supply chain leaders are preparing to take the next step in their journey to ensure patients receive high quality products that improve outcomes – and the government is helping pave the way. More

Another Drug Shortage. Another Price Hike?

09/24/16
While attending the National Nuclear Security Administration 2016 Mo-99 conference in St. Louis last week, I learned of a report from the National Academies of Sciences, Engineering, and Medicine (NAS) citing the 50% likelihood of a shortage of molybdenum-99 (Mo-99). Mo-99 is used to produce technetium-99m (Tc-99m), which is used in millions of diagnostic procedures annually. More

Proposed Inpatient Reimbursement Rates Continue Pressure on Hospitals

06/03/16
While attending the National Nuclear Security Administration 2016 Mo-99 conference in St. Louis last week, I learned of a report from the National Academies of Sciences, Engineering, and Medicine (NAS) citing the 50% likelihood of a shortage of molybdenum-99 (Mo-99). Mo-99 is used to produce technetium-99m (Tc-99m), which is used in millions of diagnostic procedures annually. More