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By Barry Holleman In the dynamic landscape of healthcare, ensuring seamless patient care requires a finely tuned supply chain that maintains optimal inventory levels. Central to this efficiency is the precision of predictions when setting inventory PAR levels. PAR levels dictate the minimum quantity of items that must be stocked at all times to avoid …

Precision Predictions: Revolutionizing Inventory PAR Levels in Healthcare Supply Chain Read More »

By Korina Fischer “Inflation is really hitting us hard. We are in the worst financial crisis since 2008. We want suppliers to provide proof of how costs are increasing for them.” Sound familiar? When we speak with supply chain leaders at hospitals and health systems across the country, we hear this concern time and time …

Beyond the Transaction: Improving Provider-Supplier Partnerships Read More »

By Barry Holleman Recently I was reading a report from the American Hospital Association about leveraging data and analytics to improve clinical, financial, and operational performance. While the authors didn’t mention supply chain specifically, it struck me that so many of the principles they explore are relevant to supply chain operations. As hospital leaders look to add …

How to Create a Data-Driven Supply Chain – and Why It Matters Read More »

By Barry Holleman As a healthcare supply chain professional, you want to support your organization’s strategic imperatives by becoming more agile, precise, and proactive. You understand the impact your department can have on improving cost, quality, and satisfaction, but too many visibility gaps stand in your way. You know outliers exist within your vast ecosystem …

Expect the Unexpected: Identifying Outliers in Your Supply Chain Read More »

By Korina Fischer Have you been to the IDN Summit & Reverse Expo? If not, I highly recommend it – it’s an amazing event full of must-have information. I recently returned from the Spring 2022 summit, where I had the pleasure of speaking to some of the brightest minds in supply chain today. One of …

Challenges & Opportunities for IDN Supply Chains: Q&A with Brent Petty, CMRP Read More »

As Markets for Healthcare Information Systems Cool, Demand for Artificial Intelligence Heats Up By Barry Holleman Globally, markets for hospital and healthcare information systems will see single-digit growth over the next few years, with a projected compound annual growth rate (CAGR) of 8.4% and 7.8%, respectively. That’s a sign the information systems markets are maturing, …

Worldwide Demand for Healthcare AI Is Booming Read More »

By Korina Fischer As the ability to amplify human intelligence with AI-driven decision support continues to evolve in the healthcare supply chain, the tide of transformation is rising. According to a recent analysis in the Harvard Business Review, “Across many industries, digitally transforming the supply chain has been shown to reduce process costs by 50% …

Predictive Modeling, Scenario Planning & Simulation in Healthcare Supply Chains Read More »