The modern, technology-based supply chain has evolved from a back-end, transactional function to a means to not only strip waste and costs out of healthcare, but increasingly to help create better clinical outcomes. GHX, an electronic healthcare industry trading exchange, has identified five ways in which its customers are leveraging their supply chains to markedly improve patient care.
At the core of supply chain trends in healthcare is a need for quality data so that leaders can make informed, quality decisions. Quality data means accurate data for sourcing and procurement along with normalisation of data for reporting and predictive analytics.
A new survey by researchers at the University of Arkansas indicates that the healthcare industry's supply chain lags behind the retail industry supply chain and could benefit significantly from adopting several of retail's best practices.