Podcast 58 - 4 Reasons Why Supply Utilization Savings Are Better Than Price Savings
I was just made aware by my staff last week that they are now
seeing annualized price savings for even the most contract
compliant hospitals, systems, and IDNs that have shrunk to 1% to 2%
from 2% to 4% of overall budget over the last decade. This is...
28 Minuten
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A Podcast for healthcare supply chain managers, value analysis professional and anyone who manages a supply budget or cost management initiatives in a healthcare organization today.
Robert T. Yokl, President & Chief Value Strategist will share...
Beschreibung
vor 5 Jahren
I was just made aware by my staff last week that they are now
seeing annualized price savings for even the most contract
compliant hospitals, systems, and IDNs that have shrunk to 1% to 2%
from 2% to 4% of overall budget over the last decade. This is a
startling change in supply chain economics that I would credit to
the positive impact of national and regional GPO contracts over the
last ten years. However, these price reductions (1% to 2% annually)
aren’t nearly robust enough to move the needle on supply expenses
in today’s unstable healthcare economy. That’s why it is mission
critical for healthcare organizations to formalize, operationalize,
and institutionalize (see explanation video) their supply
utilization programs (SUM) to close their price gap. To sell this
concept to your senior management, here are four reasons why supply
utilization savings are better than price savings in our
ever-changing healthcare marketplace:
seeing annualized price savings for even the most contract
compliant hospitals, systems, and IDNs that have shrunk to 1% to 2%
from 2% to 4% of overall budget over the last decade. This is a
startling change in supply chain economics that I would credit to
the positive impact of national and regional GPO contracts over the
last ten years. However, these price reductions (1% to 2% annually)
aren’t nearly robust enough to move the needle on supply expenses
in today’s unstable healthcare economy. That’s why it is mission
critical for healthcare organizations to formalize, operationalize,
and institutionalize (see explanation video) their supply
utilization programs (SUM) to close their price gap. To sell this
concept to your senior management, here are four reasons why supply
utilization savings are better than price savings in our
ever-changing healthcare marketplace:
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