Non-acute Supply Chain Savings White Paper
3 Ways to Reduce Spend Beyond Price Reductions in Non-acute
The current economic challenges, combined with record inflation, labor and supply shortages, supply disruptions, and cost increases, have forced leaders to look across the organization for creative ways to reduce expenses and identify cost savings. According to the Bureau of Labor Statistics, inflation has increased 13.5% and medical equipment and supply costs have increased 9.7% between 2001-2022. In a survey conducted by Haufman Hall, 71% of health systems reported distribution delays; 58% surveyed reported raw product and sourcing availability disruptions.
To address these challenges, it is critical for leaders to implement a comprehensive supply chain procurement process that is integrated across the organization. By elevating the focus on supply chain and procurement processes to make it mission-critical and engaging clinicians and physicians to gain alignment, organizations can provide safer, more cost-effective care.
This white paper examines the critical challenges that non-acute supply chain leaders are currently facing while exploring solutions, including:
- Identifying product substitutes
- Implementing a rigorous new product introduction process
- Comparing utilization analytics across facilities and industry
Download the white paper
Learn more about how ECRI can help you achieve real supply chain savings that can be reallocated to help address other challenges.