
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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Navigating the Evolving Landscape in Healthcare Value Analysis: Strategies for Success
The role of Value Analysis in Healthcare is pivotal as the industry faces constant change and transformation. Due to the nature of this complex specialty, it is necessary to illustrate and define a...
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Five Ways Predictive Replacement Planning Can Improve Your Bottom Line
Predictive Replacement Planning is a strategy that hospitals can use to reduce operational and capital costs and improve overall efficiency. Improved patient outcomes: Predictive replacement plan...
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