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.

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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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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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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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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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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Mastering Inventory Management in Healthcare Supply Chains

Monday, July 31, 2023

Healthcare inventory management in hospitals, and supply chain in general, has grown in importance as hospital administrators and medical personnel better understand the critical role of medical supplies to their costs, patient care quality and overall financial outcomes.

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Survey Finds Hospital Staffing and Security Top of Mind for American Consumers

Wednesday, July 26, 2023

Concerns abound around clinical staffing shortages and the safety of U.S. hospitals. In a survey of 2,000 U.S. adults commissioned by GHX and fielded by Regina Corso Consulting, four in five (81%) Americans say there is a staffing issue in hospitals today, with nearly half of respondents (49%) saying they are likely to avoid going to a hospital because of staffing shortages. 

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Understanding the Role of Supply Chain Management in Healthcare

Wednesday, July 26, 2023

Regulatory agencies, health system leaders, healthcare providers, patients and other stakeholders recognize the importance of supply chain management in healthcare and quality patient care, particularly given recent shortages in critical supplies and the impact on healthcare services.

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Healthcare Industry Violence: Causes, Impact and Prevention

Wednesday, July 5, 2023

Workplace violence in the healthcare industry can have far-reaching consequences. The negative effects of violence, whether emotional or physical, extend beyond the individuals directly involved and can influence patient care and satisfaction, as well as safety, quality and staff turnover.

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Understanding Clinical Integration in the Healthcare Supply Chain

Wednesday, June 28, 2023

Clinical integration for healthcare supply chains is gaining in importance as hospitals seek to control costs and improve patient outcomes. This approach goes beyond the initial price tag and takes into account factors such as patient experience and outcomes, clinician involvement and the availability of data used to inform supply decisions.

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Digital Transformation: What's Next For Healthcare Supply Chains?

Thursday, June 22, 2023

Digital transformation is changing the landscape of healthcare supply chains, delivering efficiency gains and improvements that translate into better patient care. Providers are increasingly embracing cloud-based Enterprise Resource Planning (ERP) systems and automation, strategies that overcome traditional roadblocks and streamline operations.  

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Item Master Data in Healthcare: Best Practices and Common Problems

Wednesday, June 14, 2023

Item master data serves as the backbone of a hospital's supply chain and ensuring the accuracy, timeliness, and completeness of this data is paramount for achieving the "perfect order" in healthcare delivery. However, managing item master data is challenging due to the sheer volume of information, ever-changing data inputs and the need for coordination among multiple parties.

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