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In Real Estate It Is Location, In Healthcare It Is Compliance

January 17, 2018

Via: Forbes

Pointing out that hospital supply chain management (SCM) practice has left a lot to be desired is about as insightful as suggesting that President Trump reconsider the urgency of his tweets. Amidst declining reimbursements, readmission penalties and a steady stream of “experimental” shared- savings payment arrangements, America’s hospitals must improve patient outcomes, and do it more cost effectively, or fall under the control of an acquirer that can.

Not to go out on a limb, but healthcare’s love affair with outsourcing its SCM is on the rocks. Current energies and resources are finally being directed at developing self-sufficiency. Data ownership in support of compliance has been accurately recognized as key.

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