The Supply Chain's Role in Making or Breaking Hospitals' Margins, Competitive Edge

Wednesday, June 18, 2014 1:15 PM - 2:15 PM CDT

The fundamental shift in healthcare is putting more pressure than ever on hospitals to evolve their operations to sustain financial viability. With approximately half of a hospitals spend focused on med/surg and purchased services, the supply chain is an area of spend that hospitals can evolve to build a sustainable strategic and competitive advantage. Manual and inefficient supply chain processes can not only limit a hospital’s financial successes but inefficient process leaves money on the table that could be translated into cost reductions and improved cash flow. This webinar will review common supply chain mistakes and how SCL Health System has implemented supply chain leading practices and procure-to-pay technology to improve their financial viability in a shifting market.

· Importance of building a strategic supply chain for competitive advantage
     o Market overview
     o Why it matters – building your supply chain beyond med/surg.
     o Purchased Services opportunity
· Common Supply Chain pitfalls
· Building a sustainable model
     o Leading practices to build a strategic supply chain
     o People, processes and technologies
     o Successes from SCL Health System

Presented by:
Medassets Presenters 6

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