Understanding Purchasing Decisions to Reduce Supply Chain Costs

By Doug GolwasYour Bottom LineLeave a Comment

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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

Standardizing Products at Physician Offices to Help Improve Patient Care

By MedlineYour Bottom LineLeave a Comment

CHA.blog

Some studies estimate that the supply chain represents 40 to 50 percent of a hospital or healthcare system’s operating cost. Furthermore, as patient outcomes remains a top priority, clinicians are under tremendous pressure to perform as the top of their licenses.  As a result, healthcare organizations seeks vendors who offer solutions that will analyze their spending to improve their bottom line and help them … Read More