A number of groups in the health care industry, including Group Purchasing Organizations, believe that supplier contract pricing information should become part of a knowledge base shared by hospitals subscribing to certain information services. This …
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Forward buying can be a smart procurement strategy in the right market conditions. But those who participate in forward buying are able to specify exactly what they are buying. They know what they want and know what they will get. The Congress of the…
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Has this ever happened to you? You have just put out RFPs for a new component and before they even appear in your suppliers’ email inboxes the specifications have already changed. This seems to be what is happening in Washington these days. In the Ho…
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Not so long ago, there was a number of thriving independent hospital supply chain consultancies. Then something interesting started to happen. The largest of those consultancies were acquired — one by one — by some of the industry’s largest manufac…
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There is no doubt that supply chain management has been one of the single most significant drivers of strategic competitive advantage across many industries in the past twenty years. The stellar results have elevated Supply Chain to a C Level functio…
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Every supply chain is actually several concurrent chains. The physical supply chain is the path that materials take on their journey from raw materials to finished goods to consumption. The financial supply chain is the path that money created or req…
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While we wait to see what Washington will do for us or to us on the health care front there are a number of things that could be done right now to reduce the cost of health care:
1.Medical Malpractice Reform – Tests are expensive to begin with but…
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The threat of the public option in the Democrat plan remains a lightning rod in the ongoing health care reform debate. Those in favor of the public option suggest that it will stimulate competition and help keep rates down among private insurance com…
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While President Obama deserves credit for wanting to fix healthcare, he’d do well to understand that more people would feel better about his bold plans if we had some kind of track record on which to judge his performance. But he has already spent us…
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When the Obama administration projected the budgetary impact of the stimulus package it assumed that unemployment would not go above the 8 per cent mark. Unfortunately, the unemployment numbers that came out recently put unemployment at 9.4 percent w…
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