Healthcare DIVE October 23, 2023
Healthcare professionals from back-office procurement officials to c-suite finance executives are witnessing fiscal stresses on their organizations today at all levels of scale and scope of operation. These challenges are impacting bottom-line profitability and ripple through facilities, medical offices, and clinics.
Supply chain disruptions and inconsistencies can quickly make inventory management a major headache that stresses thin profit margins. For clinicians, getting what they need on the ground can become an everyday worry. Inflation makes itself felt every step of the way, from ordering and procurement to financial planning and accountability across the procure-to-pay (P2P) process.
These challenges are well known across the healthcare industry, yet for many their daily responsibilities feel like putting out a hundred small fires while larger...
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