Supply Chain
With so many organizations making up your accountable care organization, the need for a collaborative approach to supply chain purchasing is leading organizations to lean on analytics tools and new chains of communication to keep costs in check.
As hospitals and other healthcare facilities face tighter profit margins tied to care costs and cuts in reimbursement rates, more organizations are turning to just-in-time inventory management to keep supplies lean and costs low. But the approach comes with risks.
Several forward-thinking healthcare providers are making significant financial and efficiency improvements by using their appointment reminder technology systems to address other problems such as increasing utilization of preventive care services, scheduling follow up care, delivering test results, and improving collections on past due accounts.
One issue driving the change: 30.7 percent of insured consumers said that the cost was lower than another source of care.
Federal Trade Commission says Cardinal violated the FTC Act in monopolizing the sale and distribution of radiopharmaceuticals in 25 markets.
As much as one third of a healthcare organization's total logistics expenses can be tied up in inbound transportation. Unfortunately, dealing with these "hidden costs" is problematic, as they typically are controlled by the vendor.
The move boosts Illinois Health and Science’s development of a new, high-capacity radiopharmaceutical production facility in Indianapolis.
The C-arm market is strong and continues to grow at a steady pace due to the increase in number and diversity of minimally invasive procedures and the escalating number of outpatient ambulatory surgery centers across the country.
At least 1,000 supply-delivery robots are estimated to be in use in hospitals nationwide, and their numbers are expected to grow as hospitals face cost and staffing pressures.
After Valley Hospital of Ridgewood, N.J., switched to pajamas and gowns that provide extra coverage, costs went up $70,000 per year.