Every month, Hybrent highlights supply chain news headlines and articles worth reading. Here’s what happened this month in leading healthcare supply chain news: how provider organizations can best utilize healthcare supply chain management processes to better streamline care delivery and slash costs; why a lack of communication hinders the care continuum; and 5 tips to strengthen revenue cycle operations.
3 Most Common Healthcare Supply Chain Management Challenges
Provider organizations may be implementing a larger number of health IT systems soon in order to streamline supply chain costs within an evolving value-based reimbursement landscape. According to last month’s Black Book survey, nearly 70 percent of healthcare IT leaders predict healthcare supply chain will heavily influence their actionable data mining efforts in 2017. Click here to read the article. To learn more about how Hybrent helps clients utilize real-time costing of supplies with a live tracking tool, click here to watch a short video, Understanding Case Costing.
Key Thoughts on Supply Chain Optimization During Physician Practice Acquisitions
When a hospital acquires a physician practice, the practice’s supply chain needs are generally overlooked. But when a hospital or health system network balloons in size, the process of inventory management becomes more important than ever – especially when it comes to keeping inventory, training, and contract utilization expenses low. Advises Brad Clark, Henry Schein’s General Manager of Enterprise Accounts for Eastern U.S., communication is an imperative resource to ensure positive outcomes are successfully met. Click here to read more. And, learn more about how Hybrent helps physician centers increase supply chain productivity by clicking here.
5 Tips for ASCs to Increase Revenue and Streamline Operations
According to Colleen Ramirez, RN, CASC, Chief Administration Officer of Bone and Joint Surgery Center of Novi, ASC administrators and leaders need to look to industry experts with a deep knowledge of insurance contract details to increase reimbursement accuracy and streamline revenue cycle management operations. ASCs focused on strengthening their operational and financial performance for 2017 need an educated, cooperative team who can utilize technology advantageously and efficiency, says Ramirez. Click here to read the article. To learn even more about how Hybrent helps surgery centers track orders in real time through a variety of platforms to maximize order tracking, click here.