Academic Webinar: Hospital Supply Chain Management in the Future Healthcare Landscape

Wow – what a daunting task we all have ahead of us – to make sure we better connect all of the stakeholders in the healthcare supply chain to ensure better patient care and eliminate inefficiencies in the system.

Of course this is much easier said than done, but Ken Thomas highlights some great points about looking more globally and prospectively at future healthcare trends. Efficiency should be the goal of every part of the supply chain – from patients to providers to payers. Going forward, a successful healthcare organization will be judged by its performance in supply chain management. While we have various metrics today to rate hospitals, the dynamic nature of the industry will demand much stronger emphasis on efficiency in the supply chain.

At the end of the day, supply chain needs to balance patient care with the business objectives of the organization. I think many of us who have worked with Value Analysis in some capacity try to strike this balance every day. For example, when we try evaluate a safe, efficable product for patient use, we try to negotiate the lowest cost possible with our supply partners.

Ken notes that supply chain performance can actually impact patient care such as timeliness of diagnosis, delivery of therapy, and reduction of secondary effects. He believes that decreasing costs and improving efficiency will result in higher volume in patient care, and thus increasing revenue for an HCO.

I think that depends on the type of hospital and whether it is non-profit or for-profit.
We should have a collaborative patient-centric supply chain that addresses the clinical and non-clinical needs of all stakeholders.

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