Forbes November 18, 2024
Bob Roda is the President and CEO of Hemosonics.
Hospitals face tough economic times and tight budgets. The American Hospital Association recently noted that hospitals are under financial pressure as care costs surge. Operational costs are also skyrocketing. These economic issues have severe consequences, including the closure of needed rural hospitals, decreased quality of care and a shortage of doctors and nurses.
However, there are ways to address these challenges and transform hospitals, such as using blood supplies better and more sparingly. Blood acquisition remains one of the most significant expenses for hospital blood banks.
Emerging science and better blood management practices offer a chance to reduce blood usage and can be part of a comprehensive strategy to conserve resources....
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