How Hospital-at-Home is Impacting Specialty Pharmacy
Home is where the healthcare is Care is moving to new venues, and Hospital-at-Home (HaH) impacts specialty pharmacy significantly. According to a recent article in Pharmacy Times, over the next three years, nearly $265 billion in services for Medicare fee-for-service and Medicare Advantage patients could shift from healthcare facilities to the home.¹ Perhaps no part […]
Improve Healthcare Supply Chain Operational Efficiency
Workflow inefficiency in the healthcare supply chain You are probably well aware that there’s a staff and clinician shortage in healthcare right now. Although there’s not much you can do about inflation, patient load, or the multitude of other things causing employee frustration, there is one thing you can control, and that’s your operational efficiency. […]
Creating a Clinically Aligned Supply Chain
What is a clinically integrated supply chain? It’s never been more critical for healthcare supply chains to be aligned with the clinical objectives of their hospitals and health systems. In the past, supply chains were siloed and separated from clinical concerns. However, integrating them to be more situationally aware, innovative, and collaborative is one of […]
Improve Hospital Financial Performance
Inflation has caused healthcare input costs to surge U.S. inflation hit a 40-year high in 2021, and its impact has driven up healthcare costs significantly. Nationally, healthcare spending is expected to increase by $370 billion within the next five years.¹ Additionally, supply chain issues are causing non-labor costs to increase by up to $110 billion.² […]
How To Develop a Resilient Healthcare Supply Chain
Building a more resilient healthcare supply chain As with last year, healthcare supply chain disruptions look to be an enormous challenge for health systems in 2023. An article on NikoHealth.com from this past December suggests that to prepare for this, providers should “take complete control of their supply chains” using automation and cloud-based solutions that […]
Mitigating Healthcare Supply Chain Inflation
Inflation continues to impact the healthcare industry As the U.S. economy continues to struggle with inflation, hospitals and health systems are feeling the squeeze. According to Kaufman Hall’s December 2022 National Hospital Flash Report, hospitals saw margins improve last November, but median hospital margins remained negative. Now, with the annual inflation rate for the U.S. […]
