Might 8, 2024 – Over the previous 4 years, the healthcare provide chain has undergone unprecedented modifications. Eric Swaim, Vice President of Strategic Sourcing at HealthTrust Efficiency Group, shares his ideas on the transformation happening within the provide chain.

Q: What’s the present state of the healthcare provide chain?

Swaim: The healthcare provide chain continues a change that started with the pandemic. The reorder price rose to 40% on the peak of COVID-19, in comparison with a norm of round 5% earlier than the pandemic. Now they common 10-15%. This has led us to vary the way in which we take into consideration the provision chain – from an expense to be managed with a “just-in-time” achievement mannequin, to seeing the provision chain as a strategic useful resource that must be actively managed because of the affect on the provision chain. affected person care. Most healthcare programs and suppliers have undergone or are at present enterprise this transformation utilizing know-how. Now we have historically talked about provide chain resilience with out understanding what which means. The dialog has advanced into provide chain danger and efficiency administration.

Learn extra within the newest difficulty of JHC.