Supply Chain Savings Support Mission-Critical Objectives
Supply costs are one of the fastest-growing cost centers for hospitals. These spiraling expenses tend to hit community-based hospitals hard because many don’t wield enough purchasing power to command preferred pricing. Other hospitals, though larger or part of a health system, face unique supply chain challenges and concerns despite their greater purchasing power.
Holding the line on supply chain costs is, or should be, a top priority for community hospitals of all sizes. By reducing supply costs and better managing the supply chain, a hospital can expand its savings margin...