Cost Savings for Your Hospital in Challenging Times

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl highlights some important tips for navigating current (and future) supply chain challenges: “There is a tendency to beat up on your suppliers in challenging times, but your suppliers are having the same challenges you are in the new healthcare economy, such as lower profits, higher costs, and a disruptive marketplace. This is a short-term strategy which can hurt you over the long term when you will need your suppliers most to assist you with managing your patient population. Much better short-term strategies are to join a regional group purchasing organization, standardize on PPI items, increase your GPO compliance organization-wide, and of course knock down the major utilization areas if you can uncover them. …..” Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: Android: And listen at: iTunes -> Spotify -> Stitcher -> Amazon Podcasts -> Google Podcasts -> #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis



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