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.

Wednesday, July 15, 2020

WATCH ON-DEMAND: Minimizing COVID-19’s Financial Trajectory: Inova Health’s Bold Choices

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In this on-demand webinar, Inova Health System shares how it has utilized data provided from Lumere’s Category Optimization solution to proactively address the financial challenges experienced as a result of COVID-19.

Inova's bold decisions to support clinical cost savings goals without impacting care quality included:

  • Creating and analyzing vendor reduction strategies that impact the bottom line
  • Using advisory resources to compare and analyze data and provide guidance
  • Obtaining visibility into vendor sourcing data to support proactive management of cost initiatives
  • Leveraging physician-level analytic data for future initiatives