Lexology September 20, 2023
Introduction
In today’s rapidly evolving healthcare landscape, hospital executives face challenges in delivering high- quality patient care while optimizing operational efficiencies and financial sustainability. Supply chain management stands out as a critical area where strategic investments can yield substantial benefits in improved financials, quality, and patient care. As identified during the COVID-19 pandemic, supply chains have the unique opportunity to review, align, optimize, and accelerate best practices to support overall organization goals. In this article, we explore why hospital executives should prioritize investing in supply chain operations and the potential advantages it can bring to accelerate operational and financial results.
Cost Efficiency
Supply chain management, clinicians, and departmental leaders play a pivotal role in controlling costs within hospitals. By investing...
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