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...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Health System / Hospital, Provider, Supply Chain, Technology
Key Insights For Healthcare CIOs From JPM25
‘Humphrey’ AI tool launched to streamline NHS and public services
Cofactor AI Launches Platform to Help Hospitals Fight Tidal Wave of Claims Denials and Announces $4 Million Seed Round
Cyberattacks cost healthcare more than money: Report
University of Rochester Medical Center plans hospital-at-home program

Share This Article