Newswire September 19, 2024
For over a decade, more than 6,000 professionals in hospital materials management and purchasing have taken part in the annual supply chain IT user surveys, as significant challenges push providers to innovate their technologies in order to sustain health system viability.
COLUMBUS, Ohio, September 19, 2024 (Newswire.com) – A confluence of financial stressors, including declining medical revenues, enduring staffing shortages, escalating inflation, and a sluggish recovery in inpatient volumes, has collectively propelled total health system expenses to surge by over 26% in the second quarter of 2024. This sharp rise in costs has imposed an extraordinary burden on healthcare providers, who now find themselves navigating an increasingly precarious financial landscape. Faced with the dual challenges of managing ballooning operational expenditures...
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