As COVID-19-related financial losses mount and pressure to improve the bottom line increases, hospitals and health systems are turning to supply chain optimization to improve margins and reduce waste. This is not surprising, given that supply chain expenses form the second largest expense category after labor, according to Medical Care Research and Review.
Still, optimizing the chain across an enterprise is no small order—which is why many hospitals report success with a phased approach. Our upcoming webinar shows how. During a panel discussion with industry experts, Dave Graul, Director of Supply Chain Management at Rady Children’s hospital, will share the benefits his hospital has realized thanks to a phased approach.
Key takeaways include how to:
- Initiate a phased supply chain optimization initiative
- Use supply chain optimization to reduce waste and improve efficiency
- Ease the transition for supply chain, clinical staff, and hospital leadership