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 â€śexperimentalâ€ť shared- savings payment arrangements, Americaâ€™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 healthcareâ€™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.