Supply Chain
Software is making supply chain automation a long hoped for reality and the biggest reason your hospital is likely to get on board is money.
Healthcare systems have used value analysis since the 1990s, but the process is gaining more prominence amid the uncertainty created by healthcare reform and other changes in the way hospitals are reimbursed.
Business intelligence is a popular buzzword in the healthcare industry, tapped as a cure-all for almost every faulty business or clinical process. But while BI is not a panacea, done properly it can translate raw data into actionable knowledge and help cut hospital costs.
Although a May 2014 U.S. District Court ruling vacated HRSA's 340B orphan drug regulation, the agency has issued an interpretive rule affirming its policy on the orphan drug exemption. The pharma industry is up in arms, but what does it all mean?
Health systems are making strides to move care beyond the hospital walls and better connect patients with resources that can keep them healthy. It starts by identifying areas of risk and harm -- both inside and outside of care facilities.
CMS plans to recompete the supplier contracts awarded in Round 2 of the Medicare Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program, with new contracts beginning July 2016.
For many larger healthcare organizations, group purchasing has yielded significant savings. Physician practices are also mulling whether or not they can achieve savings through aggregated procurement.
Portable chest X-rays are the most common diagnostic exam in intensive care units. But pricing for portable X-ray systems varies, and can range from $40,000 to over $235,000, depending on a variety of factors.
Purchased services can drain a lot of money and time from an organization because it is so diverse, but a value analysis approach can clean up the disorder.
Driven by an aging population and an expanding pool of younger patients, bone-graft substitutes are a $2.5 billion market, which should continue to rise as a result of minimally invasive procedures.