The AI Use Case That Healthcare is Overlooking
AI performs best where a problem is well-defined, data-intensive, repetitive and operates at a scale that exceeds human tracking capacity. The supply chain hits all four.
AI performs best where a problem is well-defined, data-intensive, repetitive and operates at a scale that exceeds human tracking capacity. The supply chain hits all four.
Supply chain resilience is far too important to leave with the supply chain specialists. Health systems must elevate the resilience issue to the corporate strategy level and involve officers from other functional areas as well.
Is a private-label product really better once you factor in performance, durability, and everything it takes to support it? Sometimes yes and sometimes no. The job is knowing the difference.
As hospitals face ongoing cost pressures and supply chain disruptions, Allina Health is redesigning its procurement strategy by moving away from a decentralized sourcing model and toward an approach that prioritizes governance and tech-driven efficiencies. Chief Supply Chain Officer Tom Lubotsky shared how the health system is saving money and boosting supply chain resilience.
Improving the outlook starts with a better supply chain model — one that shifts from a transactional to strategic focus and is built on collaborative supplier models and more domestic sourcing.
Like in every other industry, AI is knocking on the doors of healthcare with solutions that promise to revolutionize delivery of care. Advancing from a pen-and-paper mindset to a digital revolution will require the use of bridge technology.
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The Procurement Maturity Model is more than just a self-assessment tool; it's an invitation to transform.
Generic drugs are the pharmaceutical products mainly affected by the missile attacks disrupting shipping in the Red Sea. While the extra costs borne by drug companies aren’t causing an immediate spike in product prices, experts say they’ll eventually be factored into prices if the attacks become a long-term problem.
By reimagining health care supply chain as a centralized, high-value distribution and product selection and procurement model, hospitals and health systems can more effectively reach their goals for expense reduction while driving substantial improvements for patients and team members alike.
Designing devices for re-use remains a more resilient solution for supply disruption in healthcare devices. But until manufacturers consistently pursue this strategy, single-use device reprocessing can provide the benefits associated with a circular economy solution.
While a great deal of attention has been given to streamlining supply chains – and ensuring vaccines reach healthcare providers and their patients around the world – one of the most critical components is also the most overlooked: the label.
Making the supply chain a part of the CCP creation process helps healthcare systems predict equipment and supply needs for standardized treatment options.
I’ve been looking at hospital supply chain automation and the IT surrounding it for a number of years now. Starting with Cardinal Health but then moving on to help a number of other vendors in the space, I’ve felt that there’s not been enough next-generation tech being applied to the low margin, high volume business of hospital […]
Improved global supply chain management is becoming crucial to an industry squeezed by increased regulation and higher taxes, a panel of medical device experts said recently. The panel discussion, one of the keynote events of the LifeScience Alley 2013 Conference in Minneapolis, was an exploration of how some of the industry’s biggest brands are approaching […]
Elevate Ventures’ IEDC awarded Curvo Labs, a startup based in Evansville, Indiana, and San Diego, California, $50,000. The idea? Use regularly refreshed hospital purchasing data to provide an “on-ramp” for medical device companies, then use the offers those companies make to drive down costs for hospitals. In theory, this would create sales efficiency for […]