How Westchester Medical Center Health Network uses direct sourcing to wring out more SKUs and millions of dollars in savings from its purchasing program and hospital supply chain. Supply chain executives must control variability in order to control costs. This is true across industries worldwide, but it is exceedingly difficult in healthcare. When Jim Connor … Continued
Tag: hospital medical products
As much as 50% of the cost a hospital or IDN pays for traditionally sourced hospital medical supplies can be attributed to the middlemen taking profit. Here are some top needs and metrics for high value global sourcing programs capable of generating significant savings and quality improvements.