The Healthcare Hub

Healthcare Merger And Acquisitions Guide

• Kara L. Nadeau, Healthcare Industry Contributor

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.

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

• Kara L. Nadeau, Healthcare Industry Contributor

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.

ESG: A Critical Priority For Healthcare Supply Chains in 2024 

• Marlin Doner, VP of Product Management

The U.S. healthcare industry has a tremendous impact on both the environment, generating 8.5% of total U.S. greenhouse gas (GHG) emissions, and socioeconomic health, as the largest source of U.S. jobs, representing 17.7% of gross domestic product.  

How to Make ESG a Supply Chain Priority for Healthcare in 2024

• Marlin Doner, VP of Product Management

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? 

Supply Chain Analytics for Healthcare: Overview & Success Stories

• Kara L. Nadeau, Healthcare Industry Contributor

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.

How a Virtual Item Master Can Modernize Government Healthcare

• Ted Dagnal, Strategic Account Director

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. 

The Supply Chain Isn’t the Problem but Data Is the Solution

• Ted Dagnal, Strategic Account Director

Explore four key insights from government healthcare supply chain expert, Ted Dagnal, on the importance of data, managing supplier pools, cloud-based DaaS and more.

Shaping Demand to Drive Government Contract Compliance & Utilization

• Ted Dagnal, Strategic Account Director

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.

How Buying Channels Can Enhance Contract Compliance and Utilization

• Ted Dagnal, Strategic Account Director

This article guide by government healthcare supply chain expert, Ted Dagnal, explores the complexities of buying channels, the potential pitfalls when not handled correctly and the value of modernizing these systems for optimal outcomes.

Acquisition Modernization: Operationalizing the Contract to Transform Healthcare Supply Chain

• Ted Dagnal, Strategic Account Director

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.

Top 7 Hospital Inventory Best Practices (2023 Guide)

• Jeff Elmhurst, Inventory Solution Specialist

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.

Automate Bill-Only Implant Orders: Real-World Success Stories

By automating consignment and bill-only implant orders, health systems can drive tight collaboration between hospital staff, physicians and suppliers and transform implant management processes holistically.

Vendor Credentialing in Hospitals: A Guide for Healthcare Industry Representatives (HCIRs)

• Kara L. Nadeau, Healthcare Industry Contributor

Hospital vendor credentialing requirements have grown in scope and complexity, making it more difficult for vendors and their healthcare industry representatives (HCIRs) to attain and maintain compliance with health system credentialing requirements.

Driving Compliance through Directed Buying in Healthcare Supply Chains

• Doug Keverline, Senior Solutions Specialist

5 Reasons Health Systems Leverage GHX Marketplace for CQO Initiatives

• Doug Keverline, Senior Solutions Specialist

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.

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

• Lisa Mendez, Product Management Director

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.

Healthcare Automation: Benefits, Applications and Future Trends

• Kara L. Nadeau, Healthcare Industry Contributor

While there may never be a fleet of robotic clinicians delivering automated healthcare services to patients in healthcare facilities, there are many other areas where automation in healthcare is driving innovation, boosting efficiency and reducing administrative costs.

The Vital Role of Supply Chain Management in Modern Healthcare

• Kara L. Nadeau, Healthcare Industry Contributor

The answer to the question - is supply chain management important in healthcare? - has become a resounding yes among all stakeholders, as they recognize its importance in patient care optimization and cost-saving in healthcare delivery.

Understanding Safety Stock in Supply Chain Management

• Kara L. Nadeau, Healthcare Industry Contributor

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.

Healthcare Vendor Credentialing Compliance Practices for Providers

• David Sayers, Vendormate Solution Specialist, GHX

Healthcare leaders need a comprehensive view of vendor credentialing compliance, vulnerabilities and opportunities to help forge a more compliant path forward. Discover helpful steps for hospital vendor credentialing compliance with the GHX 5-Part Framework.