The Healthcare Hub

GHX provides a wide range of perspectives on how greater collaboration and visibility across the supply chain can improve both clinical and financial performance in healthcare.

Health Equity: What Role Does Healthcare Supply Chain Play?

Thursday, December 7, 2023

Achieving the goal of health equity, which the U.S. Centers for Disease Control and Prevention (CDC) defines as “the state in which everyone has a fair and just opportunity to attain their highest level of health,” seems insurmountable given the vast disparities in healthcare delivery today and challenges that must be overcome.

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Healthcare Merger And Acquisitions Guide

Tuesday, November 28, 2023

For health systems and hospitals, mergers and acquisitions (M&A) and other partnerships present opportunities to consolidate and maximize resources, scale operations, expand service lines, broaden reach into other markets, and better compete for healthcare consumers.

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How to Reduce Hospital Waste: Cost-Saving Strategies for Healthcare

Friday, November 3, 2023

Healthcare waste has a significant impact on the environment, human lives, and healthcare costs. Let's take a look at common categories of health care waste, the benefits of medical waste management and reduction, strategies for waste minimization, and and success stories from health care facilities that have reduced their waste generated.

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4 Ways Directed Buying Can Help You Achieve Your ESG Goals

Tuesday, October 24, 2023

Your health system or hospital leaders have set environmental, social, and governance (ESG) goals for your organization. It’s easy to say at a high level, “these are our priorities,” but how do you take steps to achieve them and demonstrate your impact? 

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Supply Chain Analytics for Healthcare: Overview & Success Stories

Monday, October 23, 2023

Measuring performance in supply chains today is overwhelming given the vast quantities of supply data generated by (IT) information technology solutions - from raw materials to customer data. But effective data visualization and the application of supply chain analytics is critical to transitioning from a supply chain reactive to change to one that predicts potential changes and acts accordingly to negate negative impacts and drive positive outcomes.

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How a Virtual Item Master Can Modernize Government Healthcare

Thursday, October 19, 2023

From enhancing visibility of the contract portfolio to reshaping purchasing strategies and decision-making, explore how the virtual item master (VIM) can help modernize the government healthcare supply chain in terms of value, accuracy and strategic advantage. 

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Shaping Demand to Drive Government Contract Compliance & Utilization

Tuesday, October 17, 2023

Directing spend toward preferred sources plays a pivotal role in enabling healthcare supply chains to respond swiftly to shifts in demand, shortages and disruptions. This article discusses how shaping demand at the point of requisition can help increase government healthcare contract compliance and utilization.

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Acquisition Modernization: Operationalizing the Contract to Transform Healthcare Supply Chain

Friday, October 13, 2023

In the healthcare sector, the supply chain stands as a pivotal component for ensuring efficiency, cost-effectiveness and innovation. In this article, government healthcare supply chain expert, Ted Dagnal, discusses how operationalizing contracts can modernize acquisition, highlighting challenges and underscoring its transformative potential for the healthcare supply chain.

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Top 7 Hospital Inventory Best Practices (2023 Guide)

Thursday, September 14, 2023

Hospitals and other healthcare facilities rely on a vast array of medical equipment and supplies to provide high-quality care to patients. In the fast-paced and dynamic healthcare industry, managing inventory effectively plays a pivotal role in ensuring smooth supply chain operations, cost savings and optimal patient care.

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Mobile Marketplace: Moving beyond the Four Walls of Healthcare Supply Chain

Wednesday, August 23, 2023

Ordering supplies is an in-person task that has long been conducted within the confines of the hospital. But as the healthcare industry copes with unprecedent rates of burnout and staff resignation, it’s become increasingly important to provide healthcare worker with options that alleviate unnecessary burden whether or not they’re in a typical hospital setting.

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5 Reasons Health Systems Leverage GHX Marketplace for CQO Initiatives

Wednesday, August 23, 2023

The tenets of the Cost, Quality and Outcomes (CQO) Movement have been gaining traction in the healthcare industry in recent years. “Cost” refers to all expenses involved in caring for individuals or communities, while “quality” is care aimed at achieving the best possible health, and “outcomes” refers to the financial results driven by high-quality patient outcomes.

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Driving Compliance through Directed Buying in Healthcare Supply Chains

Wednesday, August 23, 2023

For today’s healthcare supply chain professional, procurement pathways are as complex as the large health system’s service delivery models are varied. As a result, there are multiple requesting locations, served by different inventory locations and distribution channels, covering an always increasing number of contract items and prices.

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Understanding Safety Stock in Supply Chain Management

Tuesday, August 8, 2023

Healthcare inventory management strategies have shifted over the decades from "just-in-case inventory" to "just-in-time inventory" to now perhaps something in the middle given the ongoing supply chain disruptions and shortages of medical supplies and pharmaceuticals.

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