
Combating Substandard and Counterfeit Medical Devices
Healthcare organizations are increasingly vulnerable to the dangers of substandard and counterfeit medical devices and supplies. Ranked as the fourth-highest hazard in ECRI's Top 10 Healthcare Tech...
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How Healthcare Leaders Can Navigate Uncertainty and Strengthen Supply Chain Resilience
The healthcare supply chain can be unpredictable, subject to numerous challenges, including product shortages, recalls, disruptions due to natural disasters, fluctuating demand, and complex regulat...
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Harness Data-Driven Insights to Reduce Cost in Orthopedic Surgery
Orthopedic surgery is a critical component of modern healthcare, but it comes with significant costs. The price of implants and surgical supplies is a major contributor to these expenses. With the ...
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Healthcare systems face increasing pressure to balance safety, patient outcomes, and financial sustainability while integrating new products and technologies. Even with a robust Value Analysis (VA)...
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A Deep Dive into a Pennsylvania Hospital's Healthcare Supply Chain Transformation
The Pennsylvania Hospital’s Challenge A large hospital in Pennsylvania, equipped with over 300 beds and specializing in high-demand services such as cardiovascular and cancer care, faced the daunti...
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Optimizing Healthcare Procurement: Strategies for Efficient and Cost-Effective Purchasing
Introduction Effective procurement in healthcare is key to running a successful facility. It's not just about buying equipment or supplies; it's about making strategic decisions that align with the...
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The Port Strike: What It Means for Supply Chains and Healthcare
As of October 1, 2024, the tension surrounding the strike by the International Longshoremen’s Association (ILA) has reached a critical point. Representing approximately 45,000 port workers who hand...
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Revolutionizing Contract Management in Healthcare
Contract management in healthcare is a critical, yet often complex, process that directly impacts an organization's operational efficiency and financial health. With the advent of modern technologi...
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How Hospitals Can Save Millions, Improve Patient Care with Predictive Replacement Planning
It’s not uncommon to see the “squeaky wheel” adage at work when hospital leaders allocate the institution’s capital budget. Yet it’s not always the most vocal departments that truly need the prover...
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