We are often asked to build into our value analysis software products metrics, like cost per adjusted discharge per new product request, that to us don’t seem to have any bearing on the success of a healthcare organizations value analysis program. That’s why it is crucial to the success of your supply chain operations to measure what matters and eliminate measurements that have no impact on your supply chain performance.
It’s predicted by 2020 that healthcare supply chain expenses will eclipse labor as a major cost driver for healthcare organizations. Even if this prediction if only half right it still means that supply chain will be under the spotlight to manage their hospital, system or IDN’s supply chasing expenses with the utmost skill, astuteness and professionalism. Here are six ideas on how to prepare for this eventuality: