Hospital CFOs and supply chain executives that use global sourcing of hospital supplies can positively affect the value-based healthcare equation where value equals outcomes divided by costs.
Tag: hospital medical supplies
As hospital purchasing executives and CFOs continue to try to squeeze costs out of the system while maintaining quality levels and clinical utility from their medical supply purchasing programs, many have turned to global sourcing to affect this. – Becker’s Hospital CFO
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.
How One Hospital Saved 32% Through Direct Sourcing Of Hospital Medical Supplies