Where Does Contracting Begin and End? A Documented Process and Workflow Could Be the Answer

07/16/19

Does your hospital struggle with pricing issues? Does it seem to take forever to get contracts signed? Do you wonder why the savings you projected aren’t reflected in the monthly performance reports? One reason may be an undocumented contracting process and workflow.

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Considering a Consolidated Service Center Concept? Lessons Learned From a Large IDN

07/08/19
It may be summer, but that doesn’t mean we can’t cover a little schoolwork. Today’s lesson is on a concept that has been adopted by many large health care systems and integrated delivery networks (IDNs): the consolidated service center (CSC). A CSC is a centralized facility from which supply chain or other departments can provide services for all of the different care facilities within the system. More

Facing the Challenges of the Plasma Market

06/26/19
Plasma-derived therapeutics are part of a complex dynamic of global supply chain economics and clinical contributing factors, all of which can affect the ability to obtain the product needed for patient care. Immunoglobulin (Ig), the main driver in current plasma manufacturing, has experienced double-digit growth within North American markets, leading to an increased demand the manufacturing community has been challenged to meet.* More

Get Ready to Get the Most Out of Your Data

06/14/19
In order for health care organizations across the country to further drive at reductions in cost per case, they have to get the most out of their data. Data contained in electronic medical record systems take care of the clinical end of the equation, but what about the supply chain components? If data can be pulled out of your current system, will key stakeholders believe that data is reliable? More

A Bigger Bang for the Buck: Leverage Supply Chain and Sourcing Best Practices to Maximize Facilities and Construction Spend

05/14/19
The ever-advancing world of health care delivery is both amazing and costly. Every day new technology is introduced to the marketplace giving providers the ability to treat conditions that just 10 years ago would not have been possible. Investment in the latest medical capital equipment is required to provide optimal patient care, but it comes with a substantial price tag. More

How an Aging Population Affects Coronary and Vascular Technologies Markets

05/07/19
This just in: You aren’t getting any younger and neither is anyone else. What this means for the health care industry is, well, complicated. More

Use Lean to SPEED Up Your Value Analysis Processes

04/16/19
The use of a value analysis process in the health care setting isn’t new. In fact, it’s become a strategic imperative for health care organizations as they work to provide the highest-quality, most cost-effective care for their patients. However, in my experience the one complaint I hear most often is, “Why does it take so long to put through an initiative? Where is the speed to value?” More

How to Engage Clinical Partners in Cost Savings and Process Improvement

04/11/19
You arrive at 6 a.m., lunch in hand and the hospital is humming quietly. You open the door to your windowless basement office, turn on the lights and power up your computer. As the monitor’s glow transitions to your inbox, you’re reminded of the stack of cost savings and process improvement ideas that you have on the burner.  More

Finding the Yin Yang Balance in Health Care Business Relationships

03/05/19
Health care organizations are sometimes resistant to change and yet in search of change all at the same time. Across the country, large health systems, academic medical centers and community hospitals continue to seek out ways to maximize operations, improve financial performance and deliver high quality patient care. More

Gain Without Pain: 5 Steps to Help Standardize Wound Care Treatment

02/20/19
You know what they say: If you’ve seen one chronic wound, you’ve seen one chronic wound. More