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.
The supply chain sits at the center of the healthcare industry’s ongoing transformation. A recent study by Navigant found that U.S. hospitals could reduce annual supply expenses by approximately $23 billion in aggregate through improvements in supply chain operations, processes and product use. To create the agile, resilient supply chain the industry demands, we’ll need a lot of computing power, something that previously was cost prohibitive for most industry stakeholders.
Cloud computing changes the paradigm and offers our industry a tremendous opportunity to change how we manage and utilize IT resources. The cloud enables speed, scale and resiliency without major capital investments. With the cloud, we can re-imagine the supply chain’s potential because we can scale up the architecture and processing power as demand dictates, at a fraction of the cost.
In my most recent blog post on Infoworld.com, I discuss how the cloud offers a cost-effective model, along with massive computing power, to support the industry’s most innovative supply chain initiatives.