The Healthcare Hub

How Data Supports Consignment Implant Order Automation

“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.

How Will Suppliers Respond to Increasingly Complex Healthcare Supply Chains?

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.

Leveraging Data for Analytics and Insights: Leading Healthcare Suppliers Know the Shared Value

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.

Embracing a Digital Transformation Strategy: Leading Healthcare Suppliers Make Doing Business Easier

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.

Best in Class: GHX Lumere Partner Spectrum Health Wins Top Supply Chain Award

The 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. 

The Risks of Overlooking AP Automation

While healthcare organizations have increasingly adopted digital processes over the past decade, COVID-19 threw fuel on the fire, accelerating digital transformation as a necessity to successfully navigate the pandemic —think telehealth, remote patient monitoring, etc.

Save Your Top AP Talent from Back-office Burnout

When we think about staff burnout in healthcare, frontline clinicians are the first people who come to mind. But the pandemic has also put extreme pressure on back-office teams, particularly supply chain in the scramble to procure and pay for critical items from both primary and secondary suppliers.

5 Questions to Assess Your Strategic Digital Direction

Nearly all U.S. health system executives surveyed (99%) say it’s important to invest in digital transformation to improve outcomes and reduce cost of care.¹ However, when digital transformation is not fully understood, then it’s also not well planned, processes are only partially automated, and investments are marginalized.

There’s No Mystery Behind the Clinically Integrated Supply Chain—Only Teamwork

Cultivating the shared organizational vision and strategy that a clinically integrated supply chain enables is essential in the face of increasing expenses and declining margins. But with so many different methodologies and frameworks crowding the conversation, it’s no wonder that the path to a clinically integrated supply chain can feel shrouded in mystery.

Want to improve physician-supply chain collaboration? Use physician-level data

From providing frontline care to holding leadership positions, physicians drive key quality and financial decisions across the care continuum. That’s why physician engagement must be an ongoing focus for health systems, especially in the era of value-based care.