Discover how the Procurement Maturity Model empowers healthcare CFOs and procurement leaders to unlock hidden value in indirect spending. Learn about the five-stage framework for assessing and improving procurement capabilities.
Healthcare spends a significant amount on non-clinical services but managing non-clinical procurement the traditional way could mean missed savings opportunities. Learn how to optimize non-clinical procurement for better patient care and cost reduction.
Discover how health system CFOs can lead their organizations through economic turbulence by adopting seven crucial habits. Learn from other industries to enhance financial health and patient care.
Don’t overlook the potential savings in indirect expenditures. Learn how to strategically manage and optimize costs in this uncertain economic climate with expert tips from LogicSource CEO David Pennino and boost your company’s financial performance today.
There’s a massive savings opportunity that healthcare systems miss out on when solely relying on national GPO contracts for non-clinical procurement. Here’s why you need a holistic, in-depth approach to truly optimize non-clinical expenditures.
Healthcare supply chain teams nationwide faced an unprecedented crisis during the COVID-19 pandemic. Teams raced to secure personal protective equipment (PPE). Surges in demand for equipment and transportation disruptions strained our fragile procurement infrastructure. And national lockdowns further delayed…
A group purchasing organization (GPO) model is built on economies of scale, grouping purchasers with similar needs to buy in bulk and reduce costs for member organizations. This works well when it comes to cost-of-doing-business items that…
Remember the days when your Magic 8-ball would always give the right answer? It didn’t matter how many how times you needed to shake it – eventually, you got the answer you wanted.
Unfortunately, as digital marketers we can’t rely…
There is a hidden resource hiding within every organization. And it’s one that can help any leader—CEO, CPO, CFO, COO—overcome the primary challenge of today: keep profit margins healthy amidst rising inflation and global uncertainty. For most…
This article was originally published by Healthcare Business Today.
America’s hospitals are projected to lose billions in 2022, as expenses are expected to increase by an eye-watering $135 billion from 2021, with…