Healthcare Supply Chain Resilience White Paper

3 Ways Providers Can Save Amid Rising Costs and Frozen Spend Allocations

Supply chain resilience is defined as the capacity to prepare for unanticipated issues, manage disruptions, and recover, all while maintaining the stability of operations. ECRI’s Healthcare Supply Chain Resilience: 3 Ways Providers Can Save Amid Rising Costs and Frozen Spend Allocations White Paper identifies solutions that acute and ambulatory care facilities can implement to build strength within their supply chain now to be better prepared for the next challenge.

Overview

Geopolitical factors and COVID-19 pandemic lockdowns, as well as the rising energy, labor and transportation costs, have intensified global supply chain challenges. These issues have highlighted the fragile nature of the healthcare supply chain and impacted patient safety, healthcare quality, financial standing, and emergency preparedness.

Meanwhile, hospital costs have nearly doubled, vendors have stopped negotiations due to skewed supply and demand challenges, and providers struggle to contain costs while maintaining quality of care. Supply chain and value analysis leaders must find new ways to save, while making better product decisions to assure positive clinical outcomes.

This white paper examines the critical challenges that the healthcare supply chain currently faces while explore solutions, including:

  • Product substitution opportunity identification
  • Utilization evaluation to realize gaps and overuse
  • Evidence-based product evaluation processes

Download the white paper

Learn more about how ECRI can help you build a more resilient supply chain.