Supply Chain

Managing supplies is a crucial part of moving medical products from the manufacturer to patient’s bedside. Efficient supply chains can reduce healthcare costs and make medical devices more affordable for patients and health systems. This news page includes content on supply shortages, inventory management, and procurement practices.

Data, analytics top priorities for supply chain leaders in 2018

In a survey conducted by Global Healthcare Exchange, some of the top providers for supply chain performance said making better use of data would be their No. 1 priority this year, either through expanded analytics or standardizing their data process across the organization.

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Data can make the difference in cutting waste from the supply chain

When Indiana’s Goshen Health decided to de-affiliate from Indiana University Health in 2016, it knew its supply costs were going to increase for its 122-bed hospital, cancer center and 27 physician practice locations, according to chief financial officer Amy Floria. That meant waste in the supply chain had to be cut out—like the 80 percent of hospital supplies which had sat untouched on a shelf for two years.