Supply Chain
Every hospital supply chain administrator fantasizes of an efficient way to create transparency in supply expense reporting and find cost savings. Administrators at Arizona's Banner Health made their fantasy a reality, creating a supply chain blue book.
For many small, community stand-alone health systems across the country, eventually merging with another larger healthcare organization remains a distinct possibility. Until that day arrives though -- if it does at all -- these organizations must continue to focus their efforts on meeting the quality care needs of the local community.
Safety Net Hospitals for Pharmaceutical Access (SNHPA), the group that represents hospitals in the federal 340B discount drug program, recently asked pharmaceutical manufacturer Amgen to withdraw its new policy that all 340B purchases of the company's drug Neulasta be made exclusively through specialty distribution channels.
Supply chain analytics can be quite the equation to solve for hospitals. Karen Conway, director for industry relations at Global Healthcare Exchange (GHX), a heathcare supply chain management company, talked to Healthcare Finance News to offer five measurements the healthcare industry needs to pay attention to while tracking supply chain analytics.
More employers are considering adopting strategies that will help them be more efficient in the way they pay for healthcare services to slow rising costs, according to new survey data from human resources consulting firm Aon Hewitt.
Summa Health System and Catholic Health Partners are on the road to becoming accountable care organizations, and they're sharing what they've learned with attendees of the Healthcare Financial Management Association's ANI 2013 conference taking place next week in Orlando, Fla.
Steven Brill’s Time article, “Bitter Pill” sent a shock wave through the healthcare industry and prompted a response from the American Hospital Association to correct a series of mis-statements and financial assumptions.
The bidding war to purchase Saint John's Health Center in Santa Monica, Calif. ended last week when its current owner, Sisters of Charity of Leavenworth (SCL) Health System in Denver, announced it plans to sell the hospital to another Catholic chain, Providence Health & Services, located in southern California.
The outlook for the global pharmaceutical industry will remain stable over the next 12 to 18 months with the expectation that the sector will return to earnings growth in 2013, according to Moody's Investor Service.
University Hospitals, a healthcare system in northeast Ohio, has joined up with three smaller health systems in the state to create a new purchasing collaborative to save money on supplies and improve the efficiency and effectiveness of care delivery.