In the News

One of the most dynamic issues facing today’s healthcare supply chain is the price accuracy of critical supplies that...

In an industry that uses technology advanced enough to replace a person’s hip, it’s a shock to realize that a good ...

Regulatory and market demands for more real world evidence (RWE) on product performance and changing reimbursement structures are necessitating changes in how...

“How much did this procedure cost?” While this might seem like a straightforward request, it’s often difficult, if not impossible, for healthcare providers to...

Everyone in the business of providing healthcare is at a critical juncture right now. U.S. hospitals are struggling to remain financially viable, margins are thin and...

When fictional industrialist Diet Smith introduced to Dick Tracy in his eponymous comic strip...

While it followed the U.S. UDI rule by nearly four years, the European regulation that requires manufacturers to label their products with...

Payments is the "last mile" in the health care supply chain, where automation promises to deliver...

Last year, around this time, I was completing a Capstone project for the U.S. Food and Drug Administration (FDA) on whether manufacturers considered how hospitals would use...

Global Healthcare Exchange, which develops technology for healthcare supply chain management, has launched what it said is a first-of-its-kind tool to help clinicians...

The challenges in healthcare today are well documented—uncertainty in federal regulations, changes in reimbursements that impact both suppliers and providers, and increased pressure to move from fee for service to value based care, among others...

Efficient payment processes benefit both healthcare providers and suppliers – helping to create more productive relationships among...

Bruce Johnson was raised in a family that believed in giving back, especially to children less fortunate than him. That ethos has stuck throughout his life, displayed in his personal philanthropy and role as president and CEO of the Louisville-based healthcare automation firm Global Healthcare Exchange.

The supply chain sits at the center of the health care industry’s ongoing...

A recent report issued by International Data Corp., stated that IT infrastructure spending for cloud deployments will top $40.1 billion...

In the September 2017 issue of Standard Practices, I wrote about how real world evidence (RWE) can help us better understand how...

The massive computing power and costs savings afforded by the cloud are...

New payment and financial technologies are quickly emerging from the FinTech community...

Ask progressive doctors, surgeons and nurses to list their top cost drivers and they’ll likely unspool a litany...

For those of us who have made our careers in IT and technology, the cost savings and performance...

One of the most promising aspects of healthcare’s move to value is the ability to garner more...

Uncertainty in the healthcare market can have a significant impact on the U.S. economy. The percentage change in...

As the name implies, this column typically focuses on the value of standard practice, but this month...

Achieving the ‘perfect order’ has been the holy grail of the order-to-payment cycle...

Just as I was preparing my presentation for last month’s UDI Conference in Baltimore, President Trump announced...

Eighty-eight percent of finance executives at healthcare suppliers anticipate pressure...

The biggest shift in the healthcare industry may not be the Affordable Care Act or its potential...

How would you describe the role of a CIO today? There is no question that the role...

Timing for the Spring 2017 GS1 Global Healthcare Conference could not have been better. The semi-annual event...

Medical errors are not new news. The high number of deaths due to preventable medical errors made the headlines in 1999 with the publication of...

Anyone trying to navigate the landscape of alternative payment models (APMs) designed to reward...

It’s not often that the healthcare supply chain makes prime time news, and when it does, it unfortunately is...

Many advances in medicine have been made over the past 20 years, transformative changes that...

To listen to politicians, you would think that there is nothing that...

In my line of work, I have the distinct honor to meet and work with healthcare organizations...

With better data on products comes a bigger focus on comparative effectiveness, which, for medical devices, is still in its infancy...

Now that more than 95 percent of hospitals have a certified electronic health record system, the ability to harness data...

A key area to watch for supply chain improvement is predictive analytics, says Eugene Schneller, professor at the W.P. Carey School of Business at Arizona State University. The race is on...

Six years ago, five of the most notable names in healthcare delivery — Geisinger Health System, Intermountain Healthcare, Kaiser Permanente, Mayo Clinic and Mercy — formed...

This year, about 150 covered entities and 50 business associates (BAs) have been or are currently engaged in...

The highest year-to-date volume for healthcare mergers and acquisitions (M&A) in the U.S. occurred during the first...