Podcasts about healthcare supply chain

This is the AHRMM Updates Podcast with Mike Schiller and hosted by Justin Poulin. Tune in every month as we highlight trends, strategies and solutions from the field to advance the healthcare supply chain. And now, Mike and Justin… April ‘25 Update: - Spring Summit - Cohorts * Recent Cohort Completed (Inventory & Distribution Management) * Information Systems & Data Management - May * Finance in Healthcare Supply Chain * 3-part Supplier Cohort - CMRP Refresh - Chapter Relations Committee - YPAC - Tariffs Update (Modern Healthcare & Beckers) - AHRMM Advisory Board Email Outreach

In this episode of the Becker's Healthcare Podcast, Jakob Emerson is joined by Jon Pruitt, SVP of Community Hospital Corporation Supply Trust, to explore critical challenges and emerging solutions in healthcare supply chain management. They discuss the impact of ongoing disruptions on patient care, how AI is transforming supply chain operations, and key actions leaders can take to build stronger, more resilient systems. Tune in for valuable insights and actionable strategies to navigate the evolving healthcare supply landscape.This episode is sponsored by Community Hospital Corporation.

In this episode, we dive into the world of building resilient healthcare supply chains. Our guest, Tina Murphy, president and CEO at GHX breaks down how strong supply chains can improve savings, operations and create better patient outcomes. For more information subscribe to Running on Ice the newsletter or podcast. Follow the Running on Ice Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

Effective healthcare supply chain management relies on data and collaboration to optimize inventory, enhance resilience, and prepare for challenges. In this episode, Cody Fisher, President of Concordance Innovations, discusses the future of healthcare supply chain management and the innovative solutions transforming the industry. Cody shares insights on optimizing inventory management, fostering collaboration across multi-enterprise landscapes, and using data to build resilience and agility in supply chains. He explains how the Surgence platform enables healthcare providers to streamline operations, reduce waste, and prepare for unforeseen challenges like pandemics or natural disasters. Cody highlights the importance of leveraging partnerships, prioritizing critical items, and taking actionable steps toward a proactive, data-driven future for healthcare logistics. Tune in to learn how innovative strategies and technologies are redefining healthcare supply chains! Resources: Connect with and follow Cody Fisher on LinkedIn. Follow Surgence on LinkedIn and visit their website.

Welcome to the AHRMM24 Podcast, recording live throughout the conference in Columbus, OH. I am your host Justin Poulin, and joining me today is… Guest: Karen Morlan, VP of Supply Chain Operations at VUMC Outline: - What topic in Healthcare Supply Chain are you most passionate about? - What's the best piece of advice you've received in your career? - What's the most memorable trip or vacation you've ever taken?

Welcome to the AHRMM24 Podcast, recording live throughout the conference in Columbus, OH. I am your host Justin Poulin, and joining me today is… Guest: Tim Bugg, President & CEO of Capstone Health Alliance Outline: - What topic in Healthcare Supply Chain are you most passionate about? - What's your go-to strategy for convincing stakeholders of the importance of investing in supply chain improvements? - What's your favorite way to spend a lazy weekend?

Welcome to the AHRMM24 Podcast, recording live throughout the conference in Columbus, OH. I am your host Justin Poulin, and joining me today is… Guest: Kenny Scher, Vice President, End-To-End Supply Chain @ Nexera, Inc. Outline: - What topic in Healthcare Supply Chain are you most passionate about? - If you could swap roles with someone else in the healthcare industry for a day, who would it be and why? - Do you have any hidden talents?

In this episode, Laura Dyrda, Vice President and Editor-in-Chief at Becker's Healthcare, joins Scott Becker to discuss pressing issues in the healthcare industry. They delve into the ongoing IV fluid shortages, the significance of strategic partnerships like Longitude Health, and the impact of Walgreens and CVS store closures on healthcare access.

Send us a textThis year's hurricane season is battering states across the country, and the healthcare supply chain is feeling the pressure.Making matters worse, Hurricane Helene has just crippled a North Carolina factory responsible for producing 60% of the IV fluids used in U.S. hospitals.Will the healthcare supply chain buckle under the weight?And how will patient care be impacted nationwide?In this episode of HealthBiz Briefs, David Williams and John Driscoll explore how recent natural disasters affect our healthcare system and medical supply chains—and what these disruptions reveal about the long-term need for stronger disaster preparedness.This episode is brought to you by BetterHelp. Give online therapy a try at https://betterhelp.com/caretalk and get on your way to being your best self.As a BetterHelp affiliate, we may receive compensation from BetterHelp if you purchase products or services through the links provided.

On this episode of The Transfix Take On, host Jenni Ruiz sits down with Nathan Brandon, VP of Sales and Operations at GSO Healthcare, to explore the urgent need for transparency in the healthcare supply chain. Nathan shares how his journey into the industry began during the COVID-19 pandemic, a time that exposed significant inefficiencies and a 'black box' system where product sourcing and costs were often hidden from stakeholders. They discuss how AI and technology can revolutionize supply chain management, leading to improved efficiency and cost savings. Nathan also addresses the financial pressures faced by rural hospitals, the shift away from traditional GPO models to direct sourcing, and the potential of nearshoring to ensure product availability. Tune in for a deep dive into the future of healthcare supply chains and actionable steps for driving transparency and efficiency. -- Disclaimer: All views and opinions expressed in this podcast are those of the speakers and do not necessarily reflect the views or positions of Transfix, Inc. or any parent companies or affiliates or the companies with which the participants are affiliated, and may have been previously disseminated by them. The views and opinions expressed in this podcast are based upon information considered reliable, but neither Transfix, Inc. nor its affiliates, nor the companies with which such participants are affiliated, warrant its completeness or accuracy, and it should not be relied upon as such. All such views and opinions are subject to change.

In this week's Water Tower Hour Podcast, WTR CEO & Co-Founder Shawn Severson discusses the 111, Inc (NASDAQ: YI) initiation of coverage report with WTR senior healthcare and special situations analyst Robert Sassoon. The discussion includes 111's role in the digital transformation of China's healthcare supply chain, the company's strategic goals, its solid financials and the drivers that leave the company with headroom for further significant and profitable growth.

Jeff Beck of BioCare is in the hotseat for this edition of The Top Line. Beck is the Chief Development Officer at the company, which stands tall as a pioneer in specialty product distribution with over 40 years of experience dating back to hemophilia therapies. During the conversation, Beck provides an inside look at the rapidly evolving specialty distribution landscape. He outlines how the patient-centric model is working well and is supported by efficient supply chains. However, the future will demand increasing personalization to handle a wider range of complex product archetypes like cell and gene therapies. This, Beck says, calls for expanded data capabilities around inventory visibility, site analytics and dissecting the patient journey. Beck also goes on to explain how new regulations like the Inflation Reduction Act will impact specialty distribution, and why emerging manufacturers will increasingly rely on experienced partners like BioCare. Don't miss this insightful discussion on meeting today's specialty distribution needs while paving the way for tomorrow's innovations. Tune in now.See omnystudio.com/listener for privacy information.

What if the key to transforming patient care and operational efficiencies lay hidden in the folds of your hospital's sterile linens? This week on the Power Supply podcast, Jason Isherwood, VP of Enterprise Sales and Customer Success at ShiftMed, joins us to explore the intricacies of healthcare linen services. Together, we'll uncover the current state of hospital/clinic linen services, while identifying the challenges in contracting, vendor selection, and streamlining processes across multiple supply chains. Jason shares his valuable insights and best practices for overcoming budget hurdles, aligning service agreements, standardizing processes, and establishing key performance indicators (KPIs) to ensure optimal service and quality. Join us for this glimpse into the future of linen services and get ready to discover the fabric of healthcare supply chain excellence! Once you complete the interview, jump on over to the link below to take a short quiz and download your CEC certificate for .5 CECs! -- https://www.flexiquiz.com/SC/N/ps9-6 #PowerSupply #Podcast #AHRMM #HealthcareSupplyChain #LinenServices #FutureTrends #Contracts

After labor, the supply chain is healthcare's biggest expense. Randy Subramany, Director of Supply Chain at New York Presbyterian Hospital, shares insights into 2024 trends and innovations with Jim Cagliostro.    Episode Introduction  Randy explains why there's more to his role than ‘'bandages and gauzes'', why people are the most important element of the ‘'three-legged supply chain barstool,'' and highlights why patient care, decision-making and retaining talent are the top supply chain challenges. He also explains why it takes an eco-system to keep people healthy and how tapping into the power of technology can improve slim hospital margins.    Show Topics   A day in the life of a Hospital Supply Chain Director Caring for patients with complex health needs Challenges in retaining and growing talent  The impact of digital transformation on healthcare Utilizing technology to promote a sustainable economy Supply chain management: improving margins Leadership tip: Going to the Gemba     02:26 A day in the life of a Hospital Supply Chain Director Randy explained the far-reaching impact of the role and his team.    ‘'People think about supplies in a hospital, I'm sure the basics, whether it's through a TV show or just walking through a hospital, you'll see the fundamentals, you'll see gloves, you'll see gowns, you'll see all the different forms of PPE, people think bandages and gauzes, but let's move beyond that now because that's some of the basic things. As a supply chain director, my team is also responsible for pacemakers, for skin tissue that we purchase for a patient that has a severe burn and needs to have emergency surgery, for all of the accessories used in robotic surgeries as well, for grafts and stents and meshes that are used throughout all different sorts of vascular cases. And to give everyone those numbers, to give a number, my team, on a daily basis, is managing 15 to 20,000 case-dependent, unique supplies. To take you through my day, fundamentally, I have 135 wonderful human beings who are responsible for all elements of supply reordering, replenishment, distribution, logistics, triaging, back orders, and really, anything disposable, and some reusable, but mostly disposable that's used on a patient is touching a member of our team. So as I'm sure you can imagine, as I'm sure anyone who's familiar with the hospital can imagine, as I'm sure anyone who's not familiar with the hospital can imagine, the role itself, it's quite impactful.''   08:52 Caring for patients with complex healthcare needs Randy said that caring for patients with complicated illnesses was the primary challenge.  ‘'But I think the primary challenge that we have, that we will have as an academic institution, is we're seeing patients with the most complicated illnesses and diseases that require, although state-of-the-art and groundbreaking, the most complicated treatments and the most complicated processes and procedures to care successfully for these patients. Of course, fundamentally, in a hospital setting, you're never going to be 100% ever. You're never going to cure anyone 100%. Sometimes care is more important than the cure itself. But putting that aside, I think we're what they call a tertiary coronary academic medical center, which means that we encounter the sickest patients in the world that come to us. So I think the first challenge is we are caring for humans who have very complicated illnesses and diseases.''   11:43 Challenges in retaining and growing talent  Randy said he expects to lose up to 40% of his experienced team members in the next five years.  ‘'From my direct lens internally, I think the main challenge is retaining talent and growing the talent. I say that from two lenses, I'll say that from the lens of 30 to 40% of my team members are within five years of retirement, 30 to 40% are within the first five years of their career. I think there's a gap. And we're noticing, universally, putting aside the supply chain industry, that talent is leaving the work environment or leaving the market because it's time for people to live on to their golden years and pursue other adventures. But for me, it's like how do I bridge the gap with that talent in X number of years from now where the majority of our workforce or my team will be relatively, it's wrong to say inexperienced, but will not have the same levels of experience as those who just have that anecdotal information of they know that this unit uses this supply. It's not something you directly can teach, it's just something that people learn.''   17:08 The impact of digital transformation on healthcare  Randy said moving to cloud-based systems will be vital for effective supply chain management. ‘'Why is that? I think it's because we think of, historically, ERP systems as transactional systems, systems that you use to order, sometimes to manage inventory, but as we move to the cloud, there is going to be this recognition. Cloud-based systems are built as well to be more of analytical tools that can offer forecasting services, that can truly offer inventory management visibility that get into a lot of those key metrics and KPIs that supply chain leaders such as myself look for. In the current ERP systems, at least the primary ones used in healthcare, like Infor, Oracle, and Workday, the non-cloud based systems I can tell you from firsthand experience, aren't there yet. And I'm not by any means saying anything negative about the products, they serve a key function of getting supply orders to our vendor partners and getting supplies in our doors. But moving towards cloud-based systems, which I think will be the centerpiece of this digital transformation for hospitals, is of the utmost of importance for supply chain leaders.''   24:17 Utilizing technology to promote a sustainable economy  Randy explained how a sustainable approach can also help to create a healthier society.  ‘'The last trend I'll say it's really around what we term the circular economy or the sustainable economy. I think when we think of... In the world of disposable supply, it's hard to kind of connect that to being sustainable because disposable, you associate with using once and then throwing away…. but the trend of using technology to accomplish the key tenets of forecasting more accurately to ensuring that what we have on the shelf is exactly what we need….creates a more sustainable environment because we're not over-ordering and we're not producing waste. One of the key things in healthcare we're focused on from a patient safety perspective, of course, is ensuring that an expired supply is not used on a patient for care. Having technology as an enabler helps us to track expiration dates as an example, and by doing so, we'd be better able to make better decisions about what we order, about what our warehouses, whether it's our own, whether it's our distributor, what's being stored in the right quantities, which in the end creates a more sustainable environment for everyone. Of course, we have a lot of great vendor partners who are working on state-of-the-art packaging techniques that utilize recyclable materials. But just to bring in full circle, these trends of utilizing your talent and creating an environment, digital supply chain, one that incorporates elements of artificial intelligence and big data can not only just drive us towards being more sustainable, but in the end, it makes people healthier….. having a healthier world just creates a better place for everyone. … it takes an ecosystem, and it takes a lot of external parties as well to help us get there, but these trends are essential to keeping people healthy.''   31:50 Supply chain management: improving margins  Randy explained the importance of what hospitals buy and why they buy it  ‘'….when you look at the expense bucket, you have staffing, which is the primary expense, you have the best talent. Hard bucket to touch. The second-biggest bucket though is the supplies and all the efforts that a supply chain management team is involved in. And what I would say is how... Of course, by no means am I advocating for buying the cheapest stuff to reduce the margins, that's not the investment way to think about it. But I think one thing I will say is thinking of a supply chain team as an investment is the right approach to help build bigger margins. Now I say that from the lens of, coming back to my example of spine surgery, sure, we may buy a spine implant at a greater cost, could it yield a better outcome for our patient that reduces their chance of readmissions, which... And I'm not trying to get into the insurance world, which hospitals then get reimbursed less at a basic level if a patient's readmitted. So there are factors that tie to that strategic thought process that requires so many different parties from the revenue cycle, from finance, from clinical care, to be involved and from the billing and coding, all of that ties into the supply chain. So I think thinking about supply chain from that operational lens as an investment, it's like, "What do we actually buy. And why are we buying it?" And of course, economies of scale come into play. If you can standardize, and you know this, Jim, if you can have your physician and clinical teams on board with utilizing as much stuff from one supplier or one vendor over another, it naturally will just yield the economies of scale and reduced rates. ‘'   35:47: Leadership tip: Going to the Gemba  Randy said going to the source and engaging with people is a pillar of success.  ‘'So what I would say is a lesson I try to embody and carry every day, it's centered around this theme of going to the source. So when I say that, and I mean, like literally or geographically, if there's an issue on a unit and a hospital, going to the unit, engaging with my team who's there to maybe help resolve supply chain need, engaging with the clinical team, again, as human beings, are there to help care for a human. But also, when in critical emergencies, as humans, we can't help but feel you have a variety of different emotions that go into the care of caring for others. So I would say as leadership lessons is going to the source and engaging with people. I think fundamentally it's working with people, that is the pillar of my success, or I dare to say, my success is being able to work with others. And when there's a moment to praise someone, when an opportunity arises to improve something, going to that source. My source just so happens to be a clinical unit in a hospital. And you know what? Going to the source, it's more often than not gratifying because then you really get to see, hey, my team orders this product, here's how it's used to help make life better for this person who's receiving care. So I think Toyota coined it as going to the Gemba, so I'll leave our listeners with go to the Gemba.''   Connect with Lisa Miller on LinkedIn Connect with Jim Cagliostro on LinkedIn Connect with Randy Subramany on LinkedIn Check out VIE Healthcare and SpendMend    You'll also hear:    A focus on the ‘'three-legged bar stool'' of people, processes, and tools: ‘'People is the most important bucket of what the supply chain does here.''   Why decision-making in patient care can be a challenge: ‘'….we need to have the right people per se at the metaphorical table or the virtual table to make those decisions. But getting everyone to one direction is not always easy.''   Supply chain is at a tipping point: ‘'But I think we're approaching this tipping point in supply chain, specifically in the healthcare and even in the hospital sector where innovation and technology as an enabler is going to come to the forefront.''   The impact of AI on payment systems and profit margins: ‘'Many operate at less than 3% (margin). So when you think of being able to pay your partners, your suppliers or vendors quicker, but to get a greater discount, it just directly connects to the bottom line.''   Successful change management incorporates listening to feedback: ‘'….allowing the team to be heard with their feedback, even if their feedback upfront is resistance, finding some layers of compromise. … team members are rational and they will understand why the new process, one that uses technology more, will make things more efficient. And they realized that the process became 30% shorter per se, approximately 30% shorter, minutes-wise, which gave them time back to assist with other responsibilities that were directed to patient care.'' What To Do Next:   Subscribe to The Economics of Healthcare and receive a special report on 15 Effective Cost Savings Strategies.   There are three ways to work with VIE Healthcare:   Benchmark a vendor contract – either an existing contract or a new agreement. We can support your team with their cost savings initiatives to add resources and expertise. We set a bold cost savings goal and work together to achieve it.  VIE can perform a cost savings opportunity assessment. We dig deep into all of your spend and uncover unique areas of cost savings.  If you are interested in learning more, the quickest way to get your questions answered is to speak with Lisa Miller at lmiller@spendmend.com or directly at 732-319-5700.  

Episodes NOW CEC APPROVED for AHRMM members! // This week on the Power Supply podcast, we're unlocking the secrets to supercharging your talent pipeline through healthcare supply chain internships! Joining us this week is Patrick Broos, Director of Supply Chain Management at Catawba Valley Medical Center and Adjunct Faculty Member at Catawba Valley Community College. Patrick gives us an energizing look at how immersive internship programs can ignite passion and accelerate skills in emerging supply chain professionals. Tune in to hear Patrick's insider tips for structuring hands-on experiences that benefit students and healthcare facilities alike. Discover how you can empower the next generation of innovative supply chain professionals through mentoring, networking, and real-world experiences. Tune in today! Once you complete the interview, jump on over to the link below to take a short quiz and download your CEC certificate for .5 CECs! https://www.flexiquiz.com/SC/N/ps8-1 #PowerSupply #Podcast #AHRMM #CECs #HealthcareSupplyChain #Internships #SupplyChainInternships

The fast-paced, high-pressure world of today's healthcare supply chain is taking its toll on our supply chain professionals, especially our leaders. With the constant pressure to ensure the availability of critical supplies and equipment, it's no wonder leadership burnout is on the rise in our industry. Hear from Justin Poulin and Suzi Collins as they shed much-needed light on this growing trend and offer valuable tips for recognizing the signs of burnout before it becomes too overwhelming. If you're struggling with stress and leadership burnout, Justin and Suzi will explain how prioritizing self-care, delegating responsibilities, and fostering a supportive work environment can help alleviate the pressures of your role. Join the conversation today! Want to stock up on more Supply Chain insights? Connect with us on LinkedIn here: https://www.linkedin.com/company/powersupplymedia To check out more from Justin and Suzi's video series visit us on YouTube: https://www.youtube.com/playlist?list=PLu-lsrFpnsLn3J-s_RGNF_VtH6kscKtr #PowerSupply #SupplyChain #HealthcareSupplyChain #LeadershipBurnout

How can we bridge the wage gap in healthcare supply chain? Join Justin Poulin and Suzi Collins as they tackle this taboo topic and shed much-needed light on the impact wage disparity continues to have in our industry. Hear how the growing wage divide has a direct influence on employee turnover, patient safety, and a healthcare facility's bottom line. Justin and Suzi will provide their valuable insights into the root causes of this growing issue and outline solutions to providing a more competitive wage for supply chain professionals. Tune in to this eye-opening conversation! Want to stock up on more Supply Chain insights? Connect with us on LinkedIn here: https://www.linkedin.com/company/powersupplymedia #PowerSupply #SupplyChain #HealthcareSupplyChain #wagedisparity 

The supply chain landscape in healthcare is a complicated one, especially for ambulatory surgery centers (ASCs). On this week's Medical Alley Podcast, we're joined by Tonia Kraus of triValence to examine the state of supply chains for ASCs. Tonia has over 30 years of supply chain experience and was recently named one of 35 health system supply chain leaders to know in 2023 by Becker's Hospital Review.

Episodes NOW CEC APPROVED for AHRMM members! // What role does supply chain play during regulatory and accreditation surveys? Are we the supporting actors offering our encouragement to our fellow departments? Or are we the star of the show? Joining us this week on the Power Supply podcast is Barbara Strain, Principal at Barbara Strain Consulting. Barbara brings her knowledge and expertise to the conversation to help guide us through the maze of regulations, inspections, and best practices. We will also discover how the art of concise communication and collaboration is the key to successfully passing your next inspection, confidently and with ease. Don't miss this insightful episode as we dive into the world of compliance, best practices, and the tools you need to know to ace your next inspection with flying colors! Once you complete the interview, jump on over to the link below to take a short quiz and download your CEC certificate for .5 CECs! https://www.flexiquiz.com/SC/N/ps7-5 #PowerSupply #Podcast #AHRMM #CECs #HealthcareSupplyChain

Luká Yancopoulos is CEO of Grapevine Technologies, a COVID-inspired company determined to increase resilience in the supply chain for healthcare supplies. Disrupting the current network of manufacturers, importers, and distributors, Grapevine is connecting suppliers directly to end users. They aim to build a more resilient network of suppliers, eliminate waste and unnecessary costs for medical providers, and reduce patient charges.      Luká explains, "Not a lot has changed in the healthcare space regarding logistics and supply chain in my lifetime. So, getting things to change and getting things to budge is definitely difficult in nature. But our primary business innovation is that we seamlessly connect a data-driven network of primary suppliers directly to healthcare practices." "When I say that Grapevine is connecting this data-driven network of primary suppliers, we're using the data made publicly available by the United States government to find actual importers or manufacturers of the medical supplies and find the companies that sell to McKesson, Henry Schein, Cardinal Health, and Medline. And we basically onboard those primary suppliers, those importers, upstream of the middleman, McKesson, and these big dinosaur distributors. And we connect those importers directly to end users." "There's a lot that incurs additional costs between the importer and the end user when they purchase from McKesson. They have to move it to McKesson's warehouse. They then pay the McKesson labor staff. They pay the account manager. And by bypassing the middleman, you bypass with him his inefficiencies, his markups. And at Grapevine, we can offer the same products that these healthcare practices already buy at an average of 62% lower prices, which is a significant saving that can be carried forward to patients and reduce the financial burden of healthcare costs."  #GrapevineTechnologies #SupplyChain #MedicalSupplies #MedicalDevices #Healthcare #CostReduction #SupplyShortages go-grapevine.com Download the transcript here

Luká Yancopoulos is CEO of Grapevine Technologies, a COVID-inspired company determined to increase resilience in the supply chain for healthcare supplies. Disrupting the current network of manufacturers, importers, and distributors, Grapevine is connecting suppliers directly to end users. They aim to build a more resilient network of suppliers, eliminate waste and unnecessary costs for medical providers, and reduce patient charges.      Luká explains, "Not a lot has changed in the healthcare space regarding logistics and supply chain in my lifetime. So, getting things to change and getting things to budge is definitely difficult in nature. But our primary business innovation is that we seamlessly connect a data-driven network of primary suppliers directly to healthcare practices." "When I say that Grapevine is connecting this data-driven network of primary suppliers, we're using the data made publicly available by the United States government to find actual importers or manufacturers of the medical supplies and find the companies that sell to McKesson, Henry Schein, Cardinal Health, and Medline. And we basically onboard those primary suppliers, those importers, upstream of the middleman, McKesson, and these big dinosaur distributors. And we connect those importers directly to end users." "There's a lot that incurs additional costs between the importer and the end user when they purchase from McKesson. They have to move it to McKesson's warehouse. They then pay the McKesson labor staff. They pay the account manager. And by bypassing the middleman, you bypass with him his inefficiencies, his markups. And at Grapevine, we can offer the same products that these healthcare practices already buy at an average of 62% lower prices, which is a significant saving that can be carried forward to patients and reduce the financial burden of healthcare costs."  #GrapevineTechnologies #SupplyChain #MedicalSupplies #MedicalDevices #Healthcare #CostReduction #SupplyShortages go-grapevine.com Listen to the podcast here

Jim Saponaro and Joe Lynch discuss the life sciences and healthcare supply chain. Jim is the President, Life Sciences & Healthcare DHL Supply Chain North America. About Jim Saponaro Jim Saponaro is the President, Life Sciences & Healthcare DHL Supply Chain North America. Jim joined DHL Supply Chain in 2011 and over the last decade, his leadership responsibilities have grown alongside the LSHC sector's growth. His initial focus on operational performance in North America's Life Sciences operations has enabled the business to strengthen customer relationships and drive further growth. He is an accomplished Senior Operations and Business Development Executive with a proven record of managing multi-million dollar domestic and international businesses for Fortune 500 and privately held companies. His expertise is in general management, sales, marketing, supply chain economics, logistics, startup/turnaround initiatives, and partnership management. About DHL Supply Chain DHL Supply Chain, the global and North American contract logistics leader within DHL Group, offers a broad suite of integrated solutions, bringing greater flexibility, predictability, and speed to customers' supply chains. We create a competitive advantage for our customers backed by 51000 associates, 529 operating sites, 3 transportation control towers and over 161 million sq. ft in warehousing space. DHL Supply Chain is known for its exceptional operational service, innovative solutions, and deep expertise in major vertical markets, including eCommerce, Automotive, Chemicals Consumer, Energy, Life Sciences & Healthcare, Retail, and Technology. Key Takeaways: The Life Sciences and Healthcare Supply Chain DHL Life Sciences and Healthcare offers a holistic range of patient-centric, forward-thinking, intelligent healthcare logistics solutions. DHL provides a more connected experience along the entire patient journey, from clinical trials to point of care. DHL ensures that pharmaceutical, medical devices, and clinical trials logistics and supply chains are treated with care. DHL offers a wide range of transportation options for the specific needs of the life sciences and healthcare industry, including air and ocean freight. DHL has life-science-graded regional hubs and forward stocking locations to safely store products close to target markets. DHL has a global network of facilities focused on Life Sciences and Healthcare, with over 140 life-science-graded and GDP-certified facilities in 40 countries. DHL provides shared or dedicated warehousing and goods distribution solutions for storing raw materials, consumables, spare parts, and finished goods. DHL offers integrated solutions as a Lead Logistics Partner, overseeing the entire supply chain and its operation. DHL LifeConEx is a premium and customized temperature-controlled air freight service that provides post-shipment diagnostics, cold chain optimization, and data analysis services. DHL Life Sciences and Healthcare has sector expertise in pharmaceuticals, medical devices, clinical trials, and hospital and health services, providing tailored solutions for each industry's specific challenges and priorities. Learn More About The Life Sciences and Healthcare Supply Chain Jim on LinkedIn DHL Supply Chain on LinkedIn DHL Supply Chain Episode Sponsor: Tomorrow.io The Biggest Risk Facing Truck Drivers with Dan Slagen Trucking & Road Solutions: Weather Intelligence for Logistics & Transportation Sponsor: Tusk Logistics Tusk Logistics is a national network of the best regional parcel carriers that puts Shippers first, with lower costs, reliable service, and proactive support. Tusk save Shippers 40% or more on small parcel shipping. Tusk's technology connects your parcel operation to a national network of vetted regional carriers, all with pre-negotiated rates and reliable, predictable service. Integrating to your existing software takes minutes, and Tusk has your back with proactive shipper support on each parcel, in real time. The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube  

On this episode of Healthcare Americana, host Christopher Habig, CEO of Freedom Healthworks, talks with Luká Yancopoulos, CEO of Grapevine Technologies, about the pressing challenges of the healthcare supply chain. Together, they unravel the complexities caused by the outdated 'dinosaur distributors,' and Luká reveals Grapevine's revolutionary approach to disintermediate the process. Discover how Grapevine empowers small and medium-sized healthcare businesses to slash supply costs by up to 90% through their cutting-edge Digital Vendor Network. Luká's insights not only shed light on the present but also offer a glimpse into the future of Grapevine's innovative solutions for a more efficient and cost-effective healthcare supply chain.Follow Healthcare Americana:TwitterInstagramLinkedInMore on Freedom Healthworks & FreedomDocMore on Luká YancopoulosSubscribe at https://healthcareamericana.com/episodes/

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl discusses why you need to employ scientific management to uncover hidden supply chain expense savings – beyond price and standardization: "Supply chain expense optimization is the action of making the best and most effective use of supply cost expense management strategies, tactics, and techniques, or wringing the towel dry on your expenses. The only problem with this definition is, how do you know that you are employing the optimum supply cost expense management strategies, tactics, and techniques at your hospital, system, or IDN?..." Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl argues why no stone should be left unturned with your value analysis program in meeting your goal of generating a bottom line for your system and no commodity group should be excluded from your value analysis agenda: "One of the missteps we observe with supply value analysis programs is that healthcare organizations aren't leveraging value across the entire healthcare organization, thereby leaving millions of dollars of purchases annually not value-justified. It's almost like there is a sign posted on thousands of dollars of non-clinical products and services that reads “off limits.” It shouldn't be that way!..." Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis

On episode 75 of PSQH: The Podcast, Dr. Jimmy Chung, chief medical officer at Advantus Health Partners, talks about how to reduce healthcare supply chain costs and maintain quality.

What lessons did the healthcare supply chain learn from the COVID-19 pandemic?

Since the start of the pandemic, there has been massive volatility in the healthcare product supply chain, beginning with panic buying and overstock, followed by need-based purchases that have dropped off, and now spiking demand and out of stocks.In this episode, Matt Boldin, Director of Product Marketing at Kinsa, breaks down the health analytics that help brands and retailers better optimize their supply chains. Kinsa is a data insights business that gives customers the ability to determine when and where illness-related products should be purchased to target marketing, reduce out-of-stock issues, and better plan for production.LINKS FROM THE SHOWKinsa HealthLeading Retailer Engages Ready-to-Buy Allergy Sufferers with Kinsa Insights' Allergy Media TargetingTIMESTAMPS:00:03:30 Supply chain volatility persists.00:07:30 Get ahead of illness demand.00:14:09 Forecast illness-based demand.00:20:13 Monitor illness in real-time.00:26:33 Proactive illness forecasting solutions.00:29:01 Navigate digital world easily.---------------------------------------------THANK YOU TO OUR SPONSORS!At SPI Logistics they have industry-leading technology, systems, and back-office support to help you succeed. Learn more about SPI's freight agent program here. Make sure to let them know we sent you!Digital Dispatch helps you speak confidently about ROI with a website built for your customers, prospects, and employees. With plans starting as low as $90/month, learn how you can take your website from good to great by visiting Digital Dispatch. ---------------------------------------------ABOUT THE PODCAST: Everything is Logistics is a podcast for the thinkers in freight. Subscribe to our newsletter to never miss an episode. Follow EIL host Blythe Brumleve on social: Twitter | LinkedIn| Instagram| TikTok| YouTube

International shipping has improved since the start of the pandemic, but hospitals are still shouldering the burden of a disrupted supply chain. Kelly Starman, chief marketing officer at PartsSource, talks with Justin about what supply chain recovery really means, how equipment management strategies can save money and improve performance at hospitals and other care facilities, and why macroeconomic trends and geopolitics should be on every facility administrator's mind. Justin and Kelly examine the finer details of the healthcare supply chain: Which logistical challenges are unique to medical supplies versus medical equipment? How can hospitals with numerous supply contracts simplify their spending? And is healthcare simply behind other industries when it comes to supply and equipment management? To learn more about Definitive Healthcare, please visit us at definitivehc.com.

All supply chains face complexity, but if healthcare supply chains struggle to operate as designed, people's lives are affected. This not only raises the bar for performance, but it also increases the dedication shown by the many professionals working to support patient care through supply chain operations.Steve Downey is the Chief Supply Chain and Patient Support Services Officer at Cleveland Clinic. His multi-disciplinary team has responsibility for a wide range of activities including sourcing, materials management, technology/P2P, analytics, and support services, including food services, linen and laundry, and patient transport.In this episode, Steve joins host Scott Luton to talk about one of the most human-centric supply chains in the world:• How the effort and investment required to provide comprehensive patient care are a lot like the multi-faceted skills and relationships needed to power sophisticated supply chains• The incredible collaboration and teamwork taking place behind the scenes at Cleveland Clinic that makes world-class patient care possible, even in difficult situations• Ways that Cleveland Clinic is investing in their teams and technologies to continue pushing the envelope on supply chain transparencyAdditional Links & Resources:Learn more about Supply Chain Now: https://supplychainnow.comCheck out our new Supply Chain Now Media Kit: https://bit.ly/3zKRLyLSubscribe to Supply Chain Now and all other Supply Chain Now programs: https://supplychainnow.com/subscribeLeveraging Logistics and Supply Chain for Ukraine: https://vectorgl.com/stand-with-ukraine/2022 Q3 U.S. Bank Freight Payment Index: https://freight.usbank.comWEBINAR- 3 Ways to Future-Proof your Shipping for 2023 and Beyond: http://bit.ly/3A6CSYrWEBINAR- Balancing Cost, Risk, and Sustainability in the Midst of Uncertainty: http://bit.ly/3kYufuyThis episode is hosted by Scott Luton. For additional information, please visit our dedicated show page at: https://supplychainnow.com/healthcare-supply-chain-leadership-series-cleveland-clinic-1079

What does a supply chain leader of the future look like? How do health care organizations attract and retain young professionals in the supply chain? Are healthcare organizations at a place to take advantage of the growing talent of skilled professionals and use them to their full potential? As the world continues to change at incredible rates fueled by technology, health care organizations face immense competition for young professionals in the health care supply chain. Join the conversation today with Rachel Anderson, Corporate Director of Supply Chain at Baptist Health and Deric Gallagher, Supply Chain Manager at Centura Health as they discuss the amazing work that the Young Professionals Advisory Council (YPAC) at AHRMM is doing to help develop and promote these emerging leaders! #PowerSupply #Podcast #Education #Staffing #HealthcareSupplyChain #Healthcare #ResourceManagement #SupplyChain #YoungProfessionals

In recognition of the 19 annual National Cyber Security Awareness Month, The Outcomes Rocket Network has launched a 10-part podcast series to elevate Cyber Security Awareness in Healthcare on our main channel, the Outcomes Rocket Podcast. Partnering with leaders in healthcare cybersecurity in their capacity as members of the Health Sector Coordinating Council, the podcast aims to illuminate advances made in protecting critical healthcare infrastructure and patient safety, and areas that need further focus to put a stop to Cyber Crime.  We need to look at Cybersecurity from a supply chain perspective, so dive in with one of the greatest in the industry!  In this episode, Ed Gaudet, CEO, and Founder of Censinet talks about healthcare cybersecurity supply chain risk management and how the HIC-SCRiM Guide can support organizations assess the risk they and their third-party vendors and suppliers can face to develop an action plan against attacks. Ed discusses why it's important to set up a plan to manage plausible attacks and some documents, resources, and tools that can help with that. Tune in to learn how to protect patient care and operations from cyber-attacks! Click this link to the show notes, transcript, and resources: outcomesrocket.health

Everyone is back in saving money mode in a big way, but many of the streams of savings have fallen off or fizzled out altogether. That does not mean that there are not major savings still left in the healthcare supply chain, because there are. Most healthcare supply chain pundits and afficionados agree that the next big wave of healthcare supply chain savings is about to happen. This is right at your fingertips, but in order to gain this next level of savings you have to position your organization for the big wins.

I don't think I need to tell you that the effects of the double whammy of the pandemic and inflation (8.5% as I write this article) is eating into your healthcare organization's margins. That's why the need for big supply chain savings couldn't be greater as your healthcare organization's volumes drop, supply costs soar, and increased agency nurses and temporary personnel usages are incurred to meet the demand of patient care. To assist you with this challenge, here are five strategies for big healthcare supply chain savings in the current inflationary environment:

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl provides six veteran tips on measuring your healthcare supply chain with excellence: "I'm sure that most of us have heard the term, “What is measured happens,” but have we mastered this art of determining who, what, and how to measure to ensure our supply chain management success? For those who are uncertain about this critical supply chain management art-form, here are six tips to guide the way..." Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://lnkd.in/gzg_s8H2 Android: https://lnkd.in/g_Bs3B72 And listen at: iTunes -> https://lnkd.in/gj3HTbUG Spotify -> https://lnkd.in/gVRx6vNa Stitcher -> https://lnkd.in/gh3ZQifn Amazon Podcasts -> https://lnkd.in/gDhPJDgh Google Podcasts -> https://lnkd.in/gisj3y2R #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis

Many of us take for granted that our medicines are available at the pharmacy whenever needed. Despite the disruptions of the pandemic, U.S. healthcare supply chains remained incredibly resilient, safe and reliable. Dr. Nicolette Louissaint of the Healthcare Distribution Alliance (HDA) joins NCL's Executive Director Sally Greenberg for a dialogue about medical supply chains, health equity and access, patient consumer issues, and even predictions on the next pandemic. Dr. Louissant also speaks about her personal journey of becoming one of the leading experts in supply chains and the biomedical field.

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl shares some key strategies for creating a sustainable savings pipeline for your health system: "[I]t's time that we focus our healthcare supply chain efforts on the development, enhancement, or refinement of our supply chain expense management systems to ensure that we are capturing all the supply expense savings opportunities that are available to our hospital, system, or IDN. You should be aware that without a rock-solid system in place to provide you with a sustainable savings pipeline, your saving machine will come to a screeching halt!..." Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis

The number one strategy for saving money in the healthcare supply chain is by saving on price. When you look at contracting and strategic sourcing, it's all about price. Standardization is a function of consolidating volume towards a common vendor(s) to attain a better tier or negotiate a better price. When an organization changes their group purchasing organization to another or joins a regional cooperative, it is to get a better price. Let's face it, the healthcare supply chain has always been heavily leveraged towards saving with price. Price is King, but is this the only savings opportunity we have?

In Episode 26 of The Healthcare Leadership Experience, Lisa is joined by Bryan Covert from VIE Healthcare to discuss hospital supply chain and predicted trends for 2022.      As Bryan comments: ‘'Now more than ever, supply chain …needs executive support to be successful. And executives need to be paying attention and supporting supply chains so that they can work throughout the organization.''   This episode is sponsored by VIE Healthcare Consulting® which has proudly helped hospitals save $772 million since 1999.   In today's episode you'll hear: How the pandemic has shown why outsourcing, or reliance on one source to meet your supply chain requirements, is not a sustainable strategy. ‘'As everyone has heard me say, we can't have an over reliance on one aspect, one strategy. Remember, GPOs are an outsourced provider of services, so, ….their agreements, their services, they also need to be analyzed.'' Why every hospital needs to build a strong team post-pandemic – and why healthcare leaders need to pay close attention to supply chain. Hint: The potential ROI for investment in supply chain is as high as 100-1. The key trends affecting healthcare supply chain as we move into 2022, including: High inflation. Constraints on raw materials. Difficulties in hiring.     …and why hospitals need to be aware of how vendors will use this narrative to raise their costs. ‘'A lot of the effort now is going to be around controlling costs, and finding those areas where you can lower costs.'' The importance of spend analytics for hospitals and the cost savings available in the line-item details of your purchased services spend. Three pro-active steps supply chain leaders can take right now – and why every hospital needs to review physician subsidy agreements while revenues are lower, regardless of expiration dates. ‘'Just because collections are down, that doesn't mean the hospital should pay more.'' Why 2022 will see supply chain move ‘'out of the basement'' to become a central operational pillar for every health system. For more on purchased services, listen again to Episode 25 of The Healthcare Leadership Experience.   Connect with Lisa:

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl delves into the critically important topic of KPIs in healthcare Supply Chain: "I'm sure you have heard the phrase “what is measured happens.” This phrase is the genesis or reason for creating and then measuring your individual KPIs. Without KPIs, you will never know if your supply chain department is being steered on the correct course or is off course and heading for a disaster. Lastly, “there are no right and wrong KPIs; they just need to measure the important aspects of your (supply chain) business,” according to Rich Weissman..." Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis

Ryan Geddings, who led the multi-line receiving project at RF-SMART joins Sarah and Bill to discuss the uses for multi-line receiving and the thought he put into developing the functionality. What You'll Learn:What is multi-line receiving?Why did RF-SMART create it?Is MLR right for me?Additional Resources:Listen to the Intro Episode: What's Going on in the Healthcare Supply Chain?Read the Blog: Multi-Line ReceivingSee Demo Video: Oracle Healthcare VideosWho You'll Hear: Ryan Geddings, User Experience Research and Designer, RF-SMART - Ryan has worked with RF-SMART since 2019, and is the principal User Experience specialist for the Oracle Cloud team. He led the design and development of the Multiline Receiving module. Ryan is a University of North Florida graduate, a 12 year Air Force Veteran and is passionate about enhancing user experience.Bill Brewer, Healthcare Product Manager, RF-SMART - Bill Brewer currently serves as Healthcare Product Manager at RF-SMART in Jacksonville, Florida. In this role, Bill is responsible for overseeing RF-SMART's healthcare supply chain strategy and roadmap. Prior to his appointment at RF-SMART, Bill served as Regional Director, Materials Management at USPI/Tenet Healthcare. He has also served in supply chain leadership roles at Wake Forest Baptist Medical Center, UFHealth, and University of Missouri Healthcare. Brewer holds a Master of Health Administration and a Master of Science in Health Informatics. Sarah Archer, Content Marketing Specialist, RF-SMART - Sarah has been a team member at RF-SMART since 2018. She is the host of this podcast, the Taking Inventory Podcast, and the YouTube series Q&A. Sarah is currently pursuing her Master's degree in Communication at the University of North Florida.

Kristen Miles from Oracle joins Sarah and Bill to discuss trends she is seeing in the healthcare supply chain. What You'll Learn:How technology is impacting healthcareHow Oracle is supporting its healthcare customer base through great partnerships (and how you can choose a great partner!)How Oracle and RF-SMART are working together to make recall management easier than ever beforeAdditional Resources:Listen to the Intro Episode: What's Going on in the Healthcare Supply Chain?Read the Blog: The Critical Role Between Healthcare Supply Chain & Patient CareRead the Blog: Adopting Mobile Technology in HealthcareWho You'll Hear: Kristen Miles, Senior Director of Healthcare Supply Chain Product Strategy, Oracle - Kristen Miles has 15+ years supporting supply chain management transformation within healthcare organizations. Her specialization and expertise involve leveraging technology solutions to create operational efficiencies that drive improved results. Currently, Kristen is a key team member with Oracle's healthcare product strategy organization, where she utilizes her knowledge and first-hand experience with supply chain and clinical processes in relation to optimizing enterprise resource planning (ERP) systems and ancillary technologies for health systems around the globe.Bill Brewer, Healthcare Product Manager, RF-SMART - Bill Brewer currently serves as Healthcare Product Manager at RF-SMART in Jacksonville, Florida. In this role, Bill is responsible for overseeing RF-SMART's healthcare supply chain strategy and roadmap. Prior to his appointment at RF-SMART, Bill served as Regional Director, Materials Management at USPI/Tenet Healthcare. He has also served in supply chain leadership roles at Wake Forest Baptist Medical Center, UFHealth, and University of Missouri Healthcare. Brewer holds a Master of Health Administration and a Master of Science in Health Informatics. Sarah Archer, Content Marketing Specialist, RF-SMART - Sarah has been a team member at RF-SMART since 2018. She is the host of this podcast, the Taking Inventory Podcast, and the YouTube series Q&A. Sarah is currently pursuing her Master's degree in Communication at the University of North Florida.

On PAR is a podcast that delves right into the heart of the healthcare system: its supply chain. Join Sarah Archer, Bill Brewer, and Joseph LaRoche as they discuss the impact of 2020 on healthcare supply chain and make predictions about the future of the industry. What You'll Learn:How 2020 changed everything for healthcare supply chain & what that means for youWho is RF-SMART...and how can we help Oracle Cloud users?What technology can you utilize to revolutionize your materials management processes?Additional Resources:Watch the video: COVID-19 & the Healthcare Supply ChainRead the Blog: The Critical Role Between Healthcare Supply Chain & Patient CareRead the Blog: Adopting Mobile Technology in HealthcareWho You'll Hear: Bill Brewer, Healthcare Product Manager, RF-SMART - Bill Brewer currently serves as Healthcare Product Manager at RF-SMART in Jacksonville, Florida. In this role, Bill is responsible for overseeing RF-SMART's healthcare supply chain strategy and roadmap. Prior to his appointment at RF-SMART, Bill served as Regional Director, Materials Management at USPI/Tenet Healthcare. He has also served in supply chain leadership roles at Wake Forest Baptist Medical Center, UFHealth, and University of Missouri Healthcare. Brewer holds a Master of Health Administration and a Master of Science in Health Informatics. Joseph LaRoche, Healthcare Product Owner, RF-SMART - Joseph LaRoche currently serves as the Healthcare Product Owner at RF-SMART in Jacksonville, Florida. In his role, Joey coordinates with our developers to oversee the execution of RF-SMART's Heathcare roadmap. Prior to joining RF-SMART, Joey consulted on and implemented Oracle ERP SCM modules at hospitals while working at Cerner Corporation. Joey is a Certified Materials & Resource Professional as recognized by ARHMM (The Association for Health Care Resource & Materials Management)Sarah Archer, Content Marketing Specialist, RF-SMART - Sarah has been a team member at RF-SMART since 2018. She is the host of this podcast, the Taking Inventory Podcast, and the YouTube series Q&A. Sarah is currently pursuing her Master's degree in Communication at the University of North Florida.

In this episode, Lisa and Rich are joined by John Reese, Senior Director of Health Solution at FTI Consulting.   John has a wide range of experience with a focus on supply chain and expense reduction initiatives including pharmaceutical, IT, and other purchased services. John also has experience in workforce optimization including productivity improvement and KPI standardization as well as other EBITDA improvements.   John shared results of an annual survey his company conducts and one of the questions they asked respondents was about their GPO—how are they performing overall?   “One is not performing, five is very well. Three is neutral. So in the second year of the survey, that answer, how's your GPO doing? It was up to a 3.8 from a 3.4… Aside from that question, though, there's a bunch of other interesting data points that came out. So 55% of the respondents said they wanted better pricing.    “Now, I get that, that's kind of like, why did you leave your job for more money? That exit interview question, it could be similar. Everybody wants better pricing and always, but to have 55% say that the GPO wasn't performing there is very interesting takeaway. 33% said better services… Two other interesting components that came out of the question really around strategy, what are you going to do differently in the post pandemic world? In this GPO environment in 2021/2022?   “13% said they were going to bid out their GPOs, so looking at changing. 13%, they're going to move to more local contracting. And then we also had 15% actually say that they were looking to start their own thing.    “So I think we're going to, if I had to prognosticate and think through what we'll see in next year survey, I think that's going to gain momentum and probably continue.”   Today's episode is sponsored by Invoice ROI™, the only patented purchased services and indirect spend technology to manage, monitor and benchmark line item details.   In this episode, we discuss topics on GPO strategy:   John's GPO (Group Purchasing Organization) and Supply Chain survey Some surprising feedback from this year's survey Direct contracting The role direct contracting plays in cost savings PPI (Physician Preference Item) Sentiment towards PPI and the conflict with hospital cost savings Management of PPI Why two-way conversation is important The purpose of GPO GPOs are meant to provide favorable agreements, but is it costing you more money? GPO optimization When to use GPO strategically in your organization and when to carve it out Purchased Services and your GPO strategy The importance of analysis when it comes to purchased services and how it plays a role in your overall GPO strategy Ratio Benchmarking How ratio benchmarking can be very misleading   Connect with John:

In this episode, Lisa Miller and Rich Dormer from VIE Healthcare Consulting are joined by Luis Martinez, Vice President of Supply Chain at Cornerstone Healthcare Group.   Over the last five years, Luis manages and oversees the supply chain for eighteen hospitals across six states.   Luis shared his thoughts on today's challenges with purchased services:   “I think one of the biggest challenges going from today and 18 months ago is that we put a lot of things off. And now you have to pick them back up and you have to pick up some of your 2021 initiatives. So if you think about purchased services, the end date didn't change because of the pandemic, the contract still expires in 2021. If you did push the 2020 renewals out one year, now you have a higher value that you're having to negotiate or manage.”   Today's episode is sponsored by Invoice ROI™, the only patented purchased services and indirect spend technology to manage, monitor and benchmark line item details.   In this episode we discuss topics on the hospital supply chain:   How purchased services are unique Purchased services are negotiated every three or five years, depending on the cycle, and so it's less transactional. However, there is also more risk associated because you're not only negotiating a line item, you're negotiating an entire contract. Purchased services benchmarking The problem with purchased services is that there are so many variables, which means a benchmark could be misleading. It's important to get all of the details to make sure you're dealing with the right type of benchmark. Negotiating purchased services contracts It's important to track the inventory and performance of the contract you just negotiated. This allows you to check on the vendor's performance of the contract and prepare for the next contract negotiation. Utilizing a multi-year purchased services strategy Utilizing a multi-year strategy can help you when it comes time to renegotiate contracts. How COVID has changed the landscape One of the biggest challenges coming out of COVID is figuring out where you left off and where you pick up.   Connect with Luis:

A groundbreaking cyberattack against the SolarWinds IT and network solutions provider has resulted in unauthorized access to a wide range of government and private sector organizations. The extent, scale, and impact of the attack are still being assessed; however, initial indications are that the attack will have lasting security impacts for months and possibly years to come for organizations, including healthcare entities. In this episode of The CyberPHIx, we speak with Devon Wijesinghe, Chief Transformation Officer at CORL Technologies, a tech-enabled managed services company dedicated to vendor risk management for the healthcare industry. Devon is an acclaimed innovator and leader in the data industry, with extensive experience transforming tech-enabled service organizations into on-demand SaaS platforms to solve big problems, including third-party vendor risk. Devon discusses the recent SolarWinds supply chain attack and its implications for healthcare organizations and the management of third-party vendor risk more broadly in 2021 and beyond. Highlights of the discussion include: A brief overview of the SolarWinds attack and its impact on healthcare Leveraging risk data to improve risk decisions and investments in third-party risk management for healthcare entities Comparable vendors to SolarWinds and the potential for other similar attacks to the supply chain going forward Trends in attack methods and motives of malicious actors Solutions for tackling supply chain risks including technology automation, people, and process Common pitfalls for vendor risk management programs The future of supply chain risk management in healthcare and innovations underway in the marketplace to scale to address this challenge

Modern Healthcare Hospital Operations Reporter Alex Kacik and Safety and Quality Reporter Maria Castellucci discuss how some of healthcare's supply chains broke during the COVID-19 pandemic, and how that has upped the anxiety of those working on the front lines. Related story links: -Many surgical gowns from foreign, nontraditional suppliers fail U.S. standards -Nearly 60% of physicians report burnout since COVID-19 -Lessons learned six months into the COVID-19 response   -Providers push for onshoring PPE, pharmaceutical production Subscribe to Modern Healthcare Follow us on Twitter: -Modern Healthcare (@modrnhealthcr)  -Alex Kacik (@alex_kacik)  -Maria Castellucci (@CastellucciME) Music Credit: Coffee by Cambo

Benchmarking is nothing new to the healthcare supply chain and clearly you are thinking right now that, “We Benchmark at Our Hospital/System!” So, you know the value of benchmarking from one level or another, but do we apply this to our supply chain and value analysis initiatives as much as we could? The answer to that question is a big no! Why is this? First and foremost, nobody wants to be compared to another organization and even worse, be told that you are weak or not up to snuff in an area that you should be or perhaps you feel you are. Yes, you have a choice, choose to ignore the benchmark or try to ask, why is this, why are we running high and what can we do to be the “Best Benchmark” instead of the lower comparative?

Last year, Kristen Johns, Partner at Waller joined us to provide an intro to blockchain in healthcare - what it is and some of the applications to the industry. In this conversation Johns returns to give an update on the blockchain landscape a year later and define a few more of the terms (public vs private blockchain, permissioned vs permissionless). From there, Sean O'Brien, Founder of OMNY Health joined us to talk about why his company built a supply chain management system on a blockchain. Together, we discuss the usual concerns: what's real, what's hype, where is distributed ledger technology headed, and when it might - or might not - be the right option for a company to build on.

Winning $1m on Jeopardy! wasn't good enough for IBM's Watson. Now it wants to predict your buying behavior. Having racked up a victory in the game-show arena, Watson is moving on. It has already been applied to clinical decision support for healthcare, with a focus on treating lung cancer. Now, it's venturing into the world of retail. Introduced in November of 2015, the Watson Trend App is turning its computing power to the identification of buying trends in three key areas of retail: consumer electronics, toys, and health and fitness. With its ability to understand natural language, the app monitors the sentiments of tens of millions of online conversations, drawing on some 10,000 sources across popular social media sites. And it goes beyond merely identifying sales trends to reveal why and how consumers are buying. (It has already predicted the initial success of the Apple Watch, Star Wars-themed Lego sets and a high-tech version of Barbie.) On this episode, we speak with Watson Trend App product strategist Justin Norwood, who explains how it works today, and how it might be deployed in future to create personal interactions between consumers and their favorite brands. We also learn how the app could help retailers and consumer-goods manufacturers to devise more accurate demand forecasts.