Managing Your Hospital’s Supply Chain Expenses in a Value-Based Payment System

By Robert Yokl | March 14, 2016 | Comments Off on Managing Your Hospital’s Supply Chain Expenses in a Value-Based Payment System

Value-based purchasing is short-hand for a new system of payments to healthcare organizations to incentivize providers to focus on cost,…

Paradigm Shift: Holding Your Vendors Accountable for Their Product, Service, or Technology Outcomes

By Robert Yokl | March 14, 2016 | Comments Off on Paradigm Shift: Holding Your Vendors Accountable for Their Product, Service, or Technology Outcomes

The Healthcare Financial Management Association tells us that your free-standing or multi-hospital payment systems are evolving from pay-for-performance to value-based…

Benchmarking for Strategic Utilization Management Improvements

By Robert Yokl | March 14, 2016 | Comments Off on Benchmarking for Strategic Utilization Management Improvements

Although you can, to some extent, measure your healthcare organization’s supply utilization expense practices with historical data (e.g., month-over-month, quarter-over-quarter,…

Capture Your Clinical Department’s Supply Utilization Data at Point of Use

By Robert Yokl | March 14, 2016 | Comments Off on Capture Your Clinical Department’s Supply Utilization Data at Point of Use

It is mission critical to measure, manage, and control healthcare supply utilization, but it is just as important to capture your…

Healthcare Supply Utilization Cycle Management Essentials

By Robert Yokl | March 14, 2016 | Comments Off on Healthcare Supply Utilization Cycle Management Essentials

The term Supply Utilization Cycle Management is defined as, “All supply chain, clinical, and operational practices that contribute to the…

Quality Rules with Analytics Software

By Robert Yokl | March 14, 2016 | Comments Off on Quality Rules with Analytics Software

More and more healthcare supply chain departments are signing up for analytics software, but then are disappointed with the results.…

The Best Advice We Can Give You for Your Healthcare Supply Chain Career

By Robert Yokl | March 10, 2016 | Comments Off on The Best Advice We Can Give You for Your Healthcare Supply Chain Career

How many of you know what your healthcare organization’s survival strategy is for the next decade? Is it to have…

Advance Your Hospital’s Supply Chain Expense Management Through Technology

By Robert Yokl | March 9, 2016 | Comments Off on Advance Your Hospital’s Supply Chain Expense Management Through Technology

The Institute for Supply Management Research has recently reported that supply chain managers are finding that their existing technologies may…

Is It Time to Rethink Your Hospital’s Savings Strategies?

By Robert Yokl | March 9, 2016 | Comments Off on Is It Time to Rethink Your Hospital’s Savings Strategies?

If you only have one or two savings strategies (e.g., price and standardization) left in your reserves, then it’s time…

Three Dangerous Myths About Benchmarking

By Robert Yokl | March 9, 2016 | Comments Off on Three Dangerous Myths About Benchmarking

Benchmarking (or the search for best practices that lead to superior performance) can be a powerful tool for improvement in…