A technology company that uses online auctions to help businesses with garbage hauling needs get a better price through an online bidding process with local garbage haulers and doing more recycling sees an opportunity in the healthcare industry.
In a TechCrunch article, Rubicon Global founder Nate Morris talked about the company’s ambitions with the hire last year of a director of medical sustainability — J Michael Jones. It believes that by taking a more sophisticated, data-driven approach to the way hospitals dispose of medical waste, it can reduce costs.
The medical waste management industry is expected to rise from its current level of $10.5 billion to $13 billion by 2020, according to a market research report by Markets and Markets. That includes hazardous and non hazardous waste.
Why Pharma Companies Should Look To Social Media For Better Patient Insight
Healthcare decision-makers, especially at pharmaceutical companies, must prioritize patient input. Data collected from social media listening is a significant step in the right direction.
Hospitals are under pressure to reduce costs where they can as they face the expenses of shifting from paper-based to digital record systems and penalties for readmission rates deemed higher than average. Supply chain management is one area where hospitals are enlisting the help of technology to keep a tighter hold of supplies and costs.
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