MaineHealth Achieves Supply Chain Collaboration Among Member Hospitals
By identifying key supply chain opportunities and process flow issues that needed correction, MaineHealth saved approximately $16 million in 2015, the first year of its overhaul; $27 million in 2016; and more than $34 million in 2017.
Hospitals Have Opportunity to Save $23B While Maintaining Quality
Hospitals could reduce their supply expenses by an average of 18 percent.
Hospital Supply Chain Presents Prime Opportunity to Reduce Costs
A Main Line Health hospital executive describes how her health system focused on reducing variation to develop a sustainable model that addresses reduced payer payments and other stresses on revenue while maintaining high-quality patient care.
Trendsetter: Reimagining Physician Preference Items: Why Value—Not Cost—Is the Name of the Game
This article discusses how Premier worked with a large, mid-Atlantic, urban medical center to develop a defined, value-focused, data-driven methodology that optimizes the high-value implant-selection process.
Benchmarking Helps OSF HealthCare Save $160M Annually
Spurred by a drop in operating income, OSF HealthCare embarked on a clinical and financial improvement initiative that has saved the organization $160 million each year.
Looking Beyond Cost Control: A New Role for Strategic Healthcare Supply Chain Leaders
Experiences of four healthcare organizations demonstrate the strategic role supply chain leaders can play in helping their organizations perform effectively in a value-based care model.
Cost Scorecard Helps UCSF Surgeons Save $836K in Supplies
A monthly scorecard helped surgical departments reduce costs without requiring surgeons to follow a strict standardization process to limit the number of vendors.
Using New Distribution Models to Prepare for Bundled Payment Models
Hospitals that want to reduce costs as part of their bundled payment strategy should consider sales representative relationship changes.
ROi: Delivering a Complete Provider-Driven Supply-Chain and GPO Strategy
Greg Firestone, vice president, strategic customer relations for ROi, discusses a revolutionary approach to supply-chain management.
Building Value Frameworks That Work for Patients
These practices can guide the design of value-analysis frameworks that promote value in patient care and outcomes.