Here are four key insights from the report:
- Healthcare providers are bracing for continued disruptions, with 80% expecting supply chain challenges to worsen or remain the same in 2025. The effects of the disruptions are already severe, with 39% of providers reporting they had to cancel or reschedule procedures at least quarterly due to product shortages.
- On average, supply shortages are increasing the cost of providing care by $3.5 million per year for a medium-size health system. This trend is expected to continue, as ongoing inflation and rising labor and product costs remain significant financial challenges for providers and suppliers.
- Supply chain leaders have identified some of the key clinical areas in whichshortages are more pronounced with surgery and anesthesia (74%), emergency care (64%) and pain management (52%) making up the top three.
- Healthcare providers are adopting strategies to improve supply chain resiliency, with 62% focusing on stock-keeping unit rationalization and 54% focusing on enhancing supplier performance key performance indicators. Many are also turning to technology such as AI and blockchain to track supply availability.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.