To deliver greater value in healthcare, providers and suppliers must first be able to identify those factors that impact cost, quality and outcomes—as the adage goes, you can’t manage what you can’t measure. Historically, the clinical and operational sides of healthcare have worked in silos, making collaboration and data sharing a challenge. But as payments for care delivery are increasingly tied to quality and efficiency, the industry has begun the hard work of tearing down long-standing barriers.
From a supply chain perspective, the pharmaceuticals and med-surg markets have a lot in common. Products are ordered, fulfilled, shipped, billed, paid for and used in much the same way. At GHX, we’re interested in determining if pharma can benefit from the supply chain automation advances that have driven so much savings in the med–surg market in recent years.