Supply Chain Best Practice Series: Back Order Vendor Performance

As healthcare systems across the country continue to implement Supply Chain Management “Best Practices,” many are now focusing on their supply chain vendor performance via Key Performance Indicators (KPI). As such, let’s focus on one key operational KPI: Back Orders to illustrate how to leverage your SCM solution. Read more

A Business Case for SCM Business Intelligence for Healthcare

Most healthcare provider organizations require significant amounts of information on their financial operations and their clinical efficiency. Not all of these organizations, however, are realizing the full value of their investments in operational systems such as Supply Chain Management (SCM) which contain a wealth of untapped “intelligence.”

As hospitals increasingly need to make complex decision on how to optimize operations, Business Intelligence (BI) analytics is playing a mission critical role. While operational applications effectively serve each department, clinical and administrative staffs need an integrated view of the information simply and rapidly.  BI for healthcare solutions enable a single view of the organization’s information with a predefined enterprise data warehouse and architecture based on proven best practices in healthcare.   Read more

Best Practice Healthcare Series: The Link between Supply Chain Management & Revenue

While the implementation of integrated Supply Chain Management solution will provide state-of-the-art capabilities to support critical cost saving efforts, we have found that implementing the solution in and of itself will not automatically achieve the performance improvement and business operational / process objectives typically predicted.  There is only minimal return on investment from the implementation of a new management information system.  There is a significant Return on Investment (ROI), however, if the solution is implemented in the context of operational leading practices and thoughtful integration to your Billing and Revenue solution. Read more

The Time to Review your Supply Change Management Solution is Now

“Never before has the business case for transformation in the healthcare supply chain been so persuasive…While the future is unclear, most agree that at least some things are certain. Healthcare costs must come down. Hospitals and other care providers will be reimbursed on value, not volume. And hospitals will need to survive on Medicare reimbursement levels.” Driving Transformation in the Healthcare Supply Chain: Change Can Be Good for Your Bottom Line, GHX 2012

Today’s health care Supply Chain Management (SCM) challenge require process improvement, rapid development and implementation timelines that will meet evolving governmental mandates and address today’s high-velocity as hospitals are under increasing pressure to keep supply costs down…despite the near constant business change.  Read more

Continuous Healthcare Supply Chain Management ROI

All of healthcare is under more pressure than ever to keep costs down and thrive…despite near constant business change. Flexibility in Supply Chain Management (SCM) is about having the ability to allow your hospital organization to respond rapidly to changing business landscapes and customer (department) demands to continue to achieve your SCM Return-On-Investment (ROI).  Your SCM solution must be built upon a continuous improvement model that allows you to easily adapt your SCM Key Performance Indicator (KPI) objectives long after implementation and with minimal disruption.

Here is a model to help you achieve your SCM ROI that constantly covers endless savings opportunities.    Read more