Kara L. Nadeau, Healthcare Industry Contributor
Three years on from the pandemic that shook the industry to its core, we take a look at the impact on healthcare supply chains and the lessons learned the pandemic. From skyrocketing prices to the challenges faced by healthcare professionals, discover the five lessons from COVID-19 for supply chain leaders.
Read MoreWe’re excited to share that GHX was named a Notable Vendor in the 2022 Gartner® Vertical Industry Context: ‘Magic Quadrant™ for Multienterprise Supply Chain Business Networks’. We believe this is meaningful in showing how we help our customers achieve strategic digital transformations and unlock value through collaboration by engaging internally and with trading partners. The expansion of digitization industry-wide helps to modernize and build resiliency in the healthcare supply chain.
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Kara L. Nadeau, Healthcare Industry Contributor
In the fast-paced world of healthcare, ensuring the timely delivery of the right products for medical procedures is crucial. One piece of the puzzle that addresses this challenge is the bill only process. While it can be complex, understanding how it works in healthcare and how it can benefit healthcare providers.
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“You need at least one person—if you have more it's even better—that has a slightly unhealthy degree of stubbornness.” Robert Hatkins, Director, Procurement and Dock Services, Stanford Health Care
Resistance to change is a common problem faced by health systems when proposing initiatives that will impact how individuals and teams perform their jobs. It is human nature to fear the unknown, even if change has the potential to makes things easier for those involved.
Read More“Not to beat a dead horse but I’m going to say it again. It starts with your data. You’ve got to clean your house up—make sure everything is clean, contracts aligned, pricing loaded—and then you can build from there. If that's not right, it gets messy, a lot of back and forth, and nobody is going to be satisfied.” -Franco Sagliocca, Corporate Director, Supply Chain, Mount Sinai Health System.
After years of trying, health systems are successfully automating implant orders thanks to technology advancements, greater provider/supplier collaboration and the desire to find new ways to drive costs and waste out of the healthcare supply chain.
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There is more complexity coming to healthcare supply chain. This will require support for value-based care and preparing for the continued rise in healthcare delivery outside of a traditional hospital setting. Precision, accuracy and timing for supply delivery will continue to grow in importance. Establishing a foundation that will support your customers’ needs today and for quickly emerging trends is the critical third step in making it easier for healthcare providers to conduct business with you.
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Leading healthcare suppliers are embracing the needs of their healthcare provider customers for more automation from end to end in supply chain. A well-planned digital transformation strategy helps to contain costs, support supply chain resiliency, and distinguish leading suppliers from the rest of the pack.
From the first step of digitization comes an abundance of data. But for all stakeholders to reap the value from the output, we need a way to understand and put the data to use in a way that drives better patient outcomes. Predictive analytics can help suppliers and customers support critical business decisions impacting patient care.
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Most would agree that being easy to do business with is a way to set your business apart and deepen customer relationships. It is certainly so for suppliers in the competitive healthcare industry. Leading suppliers are looking at the complete customer experience and acting on the opportunity to support healthcare providers’ needs by embracing a digital transformation strategy.
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Steve Herz, Chief Product Officer, Syft, a GHX company
6 Reasons It’s Critical for Your Supply Chain Platform
Healthcare supply chain management (SCM) is extremely complex. At Syft, we strive to make it easier for you in a variety of ways. One is by focusing on augmenting and enhancing your ERP, rather than disrupting it.Holistic Supply Chain OptimizationHospital Inventory Count Services
Read MoreThe past 18 months clearly have been some of the most difficult in history for healthcare supply chains. However, there are health systems that stand as beacons of tenacity, innovation and efficiency in uncertain times. Spectrum Health, the 2022 recipient of Supply & Demand Chain Executive's "Top Supply Chain Projects Award," is one such organization.
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