Supply Chain
To leap from price optimization to total performance optimization, it's paramount to establish a clinically integrated supply chain.
This is the first time Civica Rx is producing generic drugs since the company was launched last year by the Mayo Clinic, Intermountain, HCA and others.
Supply chain activity by group purchasing organizations could affect close to 60 percent of hospital and nursing home non-labor spend, HSCA report says.
One of the components fueling the growth includes powered devices such as pacemakers and MRI machines.
The actions represent components of a strategy to address barriers to medical innovation in the Medicare program.
Ver2 Digital Medicine CEO Brian de Francesca talks about how telemedicine has evolved and efforts to provide medical care to refugees in camps using a cloud-based EHR built on blockchain.
Supply chain management is a medium or high priority yet just 13 percent say it's a top investment priority.
GPOs can help drive savings and utilization, but it's worth re-examining the contracts every so often to get the most out of the relationship.
Hospitals are nipping and tucking their supply chain spend by opting for half-price, reprocessed items like cardiology catheters.
By creating economies of scale with a full-service supply chain, University of Missouri Health Care was able to improve its bottom line.