Supply Chain
Within the context of the healthcare supply chain, Business Intelligence (BI) technology can offer chief financial officers, supply chain executives and other hospital personnel an automated way to obtain end-to-end visibility of service line management, according to Group Purchasing Organizations.
Supply chain managers are under increased pressure to reduce the cost of operational, medical and surgical supplies at their facilities, making successful negotiating a necessity.
A majority of healthcare providers are actively cutting costs in reaction to changes caused by healthcare reform finds a new survey by a supply chain improvement company.
Generic pharmaceuticals that were launched ahead of patent expiration due to patent settlements helped the U.S. health system save $25.5 billion from 2005 to 2012, according to an analysis released Monday by the Generic Pharmaceutical Association.
Electronics giant Royal Philips has formed a $300 million, 15-year alliance with Georgia Regents Medical Center (GRMC) creating what the two organizations say is a first-of-its-kind delivery model in the United States.
Recently, Global Healthcare Exchange (GHX) announced the winners of its 13th annual GHXcellence Awards, which honor supply chain leaders who have achieved significant savings and efficiencies. Two of the winners shared their success stories with Healthcare Finance News.
This video provided by ASQ highlights Chemonics' USAID-funded Kenya Pharma project which used ISO 9001 to improve the supply chain of its HIV and AIDS medicine delivery.
A recent report released by Standard & Poor's Rating Services says their rating agency is concerned that Big Pharma's current American pricing flexibility may diminish increasingly over the next few years due to rapidly growing costs of Medicare and Social Security with the aging of the U.S. population, and public and private sector healthcare payers looking to control their medical expenses.
MRI machines need the liquid form of the gas to cool an MRI's superconducting magnets to keep it running.
At the end of last week, University Hospitals (UH) and EMH Healthcare (EMH) announced that they had signed a letter of intent to officially undergo an integration that will add EMH to the UH health system.