Managed Healthcare Executive February 21, 2022
A look at the challenges hospitals face due to an insufficient supply chain—and how to address them.
When it comes to supply chain management, the healthcare industry comes in last place; and it’s paying the price. Antiquated processes that create inefficiencies, unnecessary expenses, and staff dissatisfaction are contributing to financial challenges that have only been exacerbated during the pandemic.
There are so many inefficiencies in the hospital supply chain. Just one example: demand forecasting, especially helpful for pick preparations, is nearly impossible at many organizations. In some hospitals and health systems, staff spend 58% of their workday on indirect activity, such as searching for supplies needed for patient care activities. That’s a serious problem.
Not to mention the feat of...