How Henry Ford Health uses data to combat inflation and improve its supply chain

Healthcare DIVE August 3, 2023
Deborah Abrams Kaplan

The healthcare and hospital group leverages data to track costs, engage with suppliers and fortify itself against future disruptions.

While inflation is an ongoing concern for hospitals nationwide, the Detroit-based non-profit Henry Ford Health managed to bring its supply expenses down last year, a fact that Senior VP of Supply Chain Management Bill Moir takes pride in.

Henry Ford operates five hospitals and more than 250 facilities providing primary care, cancer and orthopedics care, behavioral health services and urgent care.

The health system worked with group purchasing organization Premier to leverage data and identify supply categories that should not be impacted by inflation and more effectively negotiate for lower prices based on that information.

While inflation was significant between 2018...

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