H-Source Blog

What's Coming in 2019?

With the healthcare environment what it is – small margins, rising costs, and plenty of complexity – what will 2019 bring?

by H-Source on 01/31/2019

Collaboration Can Save Billions

“A 2013 McKinsey report suggested five specific supply chain capabilities that can have a dramatic impact on performance and profitability, with an estimated $130 billion opportunity in cost savings across the value chain. […] More than 70 percent...

by H-Source on 01/21/2019

Supply Chain Margins Tighter Due to Tariffs

Margins in hospitals across America are tight, and it appears that due to recent trade issues those margins are going to get even tighter. According to the American Hospital Associations Executive Vice President Thomas Nickels, “recent tariffs are...

by H-Source on 01/15/2019

Juggling Opposing Objectives

Maintaining contract compliance while allowing access to infrequently used items is a juggling act. Too much structure doesn’t allow for the variables and unpredictable nature of healthcare. Too little standardization leads to waste and less control.

by H-Source on 01/11/2019

Transform from Transactional to Strategic

Declining margins fueled by smaller reimbursement rates and increasing supply chain costs are forcing a change in how we view supply chain.

by H-Source on 01/07/2019

Supply Chain Predictions for 2019

Given that margins are tight and getting tighter and healthcare supply chain is set to surpass labor as the number one cost for hospitals by 2020, plenty of changes are brewing for 2019.

by H-Source on 01/02/2019

2018 Was A Year Of Change

From policy changes to vertical and horizontal consolidations to the debut of new technologies, our healthcare industry saw many changes in 2018.

by H-Source on 12/27/2018

Healthcare Supply Chain as a Change-Maker

The healthcare system is complicated, fragmented, and lacks standardization in areas where technology and collaboration are key.

by H-Source on 12/18/2018

A Green Solution x2

Supply chain has the potential to be a multibillion-dollar hero in healthcare. With hospital bankruptcies up and margins down, a study by Navigant shows hospitals are spending $25.4B more a year on supply chain than they need to. Analysis shows...

by H-Source on 12/17/2018

Supply chain…a revenue center?

As margins continue to trend down for hospitals across the country, supply chain costs are predicted to exceed labor costs by 2020. Dan Pak, Assistant Vice President at Nexera, said, “Given the changes in the market, the role of supply chain must...

by H-Source on 12/10/2018