Understanding Purchasing Decisions to Reduce Supply Chain Costs

By Doug GolwasYour Bottom LineLeave a Comment

SBH.blog

Studies have shown that supply chain represents 40 to 50 percent of a hospital’s operating expensive. Proper management and control of purchasing can often help healthcare organizations reduce supply chain costs. To help enhance operational efficiencies at its facility, SBH Health System recently awarded Medline a three-year, $40 million prime vendor agreement. SBH is home to St. Barnabas Hospital, a … Read More

Collaborating to Help Reduce Supply Chain Costs

By MedlineYour Bottom LineLeave a Comment

Premier.blog

Studies have shown that healthcare spending in the U.S. will reach $4.8 trillion by 2021. As the number of regulations continues to grow, healthcare organizations have been taking an in-depth look at how they can reduce costs in the supply chain. As a result. organizational leaders seek vendors who can help them enhance their bottom line and improve patient outcomes. For more than … Read More

What to Consider When Awarding Medical Prime Vendor Contracts

By Doug GolwasYour Bottom LineLeave a Comment

Memoria Gulfport.BLOG

Healthcare supply chain is no longer a simple transaction. Healthcare organizations must have strategic systems in place to help control and manage cost. For David Mimms, the director of supply chain and logistical services at Memorial Hospital at Gulfport, “it’s important that we align ourselves with vendors who can deliver quality products, as well as clinical and supply chain solutions to help … Read More