At GHX, we believe the democratization of data and knowledge is fundamental to value-based healthcare delivery, helping to reduce variability, improve clinical and financial outcomes and break down the walls of healthcare inequity. To accelerate value-based healthcare adoption among U.S. health systems and hospitals, the industry needs more efficient and effective ways to share impactful information on a broader scale.
To comply with state and federal laws such as OSHA and HIPAA, most health organizations have adopted procedures to vet and validate the legitimacy of any vendors with whom they are doing business. They may also require background checks and health records of the vendor's employees. This is especially relevant for any representatives who may need to enter a facility or have access to electronically protected health information (ePHI) information.
In honor of the Association for Healthcare Resource & Materials Management’s (AHRMM) annual National Health Care Supply Chain Week (October 3-9, 2021), we are proud to recognize several healthcare supply chain professionals who exemplify an exceptional commitment to collaboration, improving patient care and innovation.
Until recently, almost anyone could enter a hospital or physician’s office with relative ease. Facilities were designed to allow access. Today, while many professional office buildings require check-in and access badges, countless healthcare facilities have not adopted safety protocols to this degree. But that’s changing and for good reason.
When Value Analysis Director Kristin Sinke joined Michigan-based Spectrum Health in 2017, the value analysis team for the 14-hospital system consisted of herself and one other person. Within two years, she had helped create a completely centralized program comprising 14 full-time employees (FTEs), and in March 2021, the team launched its first strategic outcomes-based partnership with Medtronic, a global leader in medical technology.
While hospitals and health systems, along with their suppliers, have long recognized the benefits of supply chain process automation—greater efficiency and accuracy, lower costs—the COVID-19 pandemic has revealed how critical it is to procure products in a timely manner.
Standardization is a primary goal for today’s health systems. Hospitals highly regard standardization as a valuable approach that promotes quality patient care at a cost-effective price. An additional benefit is the opportunity to reduce supply chain costs.
Compliance also benefits from standardization. The laws, regulations, guidelines, and best practices that govern healthcare are necessary to protect both patient and staff. However, driving compliance consistency across multiple venues can be challenging.
The clinical, operational and financial impacts of the COVID-19 pandemic on healthcare organizations have been well documented and publicized. As virus cases surged, hospitals were forced to cancel or delay elective procedures, stifling their most lucrative revenue stream.