Holes to Plug in Healthcare Supply Expense Management
Power Supply
On this week's re-release episode of Power Supply Articles On-the-Go, Bob Yokl shares solutions for the little leaks and big outflows that may be happening around your health system: "No longer can we sit by and watch our hospital’s supply expense leaks get bigger and bigger. We need to plug them now, so we can help our hospital sustain a healthy bottom line. If we wait any longer to do so, it will be more difficult to fix these seepages when the whole building is falling down..." Tune in for the full article! #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing...
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Season 14 Rewind: Beyond the Classroom: Recruiting the Next Generation of Supply Chain
Power Supply
Season 19 of Power Supply is coming soon! In the meantime, we’re bringing back a few fan favorites from Season 14. Tune in today! How can healthcare systems transform supply chain students into future industry leaders? On this episode of Power Supply, we welcome back Ed Hisscock, Senior Vice President of Supply Chain at Trinity Health, to explore how engaging with university students today can build a sustainable talent pipeline for tomorrow. Ed shares how he's tackling the talent gap by partnering with top universities, launching real-world student projects, and shaping the next generation...
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Strategies to a Sustainable Healthcare Supply Chain Savings Pipeline
Power Supply
On this week's episode of Power Supply Articles On-the-Go, Bob Yokl shares some key strategies for creating a sustainable savings pipeline for your health system: "[I]t’s time that we focus our healthcare supply chain efforts on the development, enhancement, or refinement of our supply chain expense management systems to ensure that we are capturing all the supply expense savings opportunities that are available to our hospital, system, or IDN. You should be aware that without a rock-solid system in...
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Operate in Harmony - What’s Next for the Surgical Supply Chain
Power Supply
More surgical cases are moving to ambulatory settings, AI is advancing at breakneck speed, and healthcare teams are facing growing staffing and financial pressures. So how does the surgical supply chain keep up? In the final episode of “Operate in Harmony,” Matt Rechin from ReadySet returns alongside Mark Van Sumeren from Health Industry Advisor LLC to explore what healthcare organizations should be doing today to prepare for what’s coming tomorrow. From separating AI hype from practical value and making better use of data to rethinking vendor partnerships and preparing perioperative...
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Hospital Value Analysis: 10 Best Practices in the US
Power Supply
On this week's episode of Power Supply Articles On-the-Go, Bob Yokl shares his top 10 best practices for hospital value analysis in the US: "Most value analysis programs focus their efforts on GPO contract and requisition driven offerings, whereas, best-practice hospitals strategically plan their value analysis candidates and target their savings. Results show that strategic planning driven VA programs save 10 to 15 times more than GPO and requisition driven VA programs..." Tune in for the full scoop!
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Operate in Harmony - Uncovering Hidden Costs in the OR
Power Supply
An off-contract item slips into the OR. A bill-only error goes unnoticed. A utilization mistake isn’t caught until months later. In Episode 3 of “Operate in Harmony,” Brendan Shaw and Matt Rechin from ReadySet reveal how seemingly small gaps can add up to significant financial losses across the surgical supply chain. From gaining visibility before products reach the OR to analyzing cost per case and catching discrepancies before they become costly mistakes, this conversation explores how stronger alignment between supply chain and finance can help reduce unnecessary spend. Join the...
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Hospital Supply Chain Benchmarking
Power Supply
On this week's episode of Power Supply Articles On-the-Go, Bob Yokl takes us on a quick trip through common sense benchmarking in your hospital: "You need to have a system in place to continuously benchmark everything that is important in your supply chain operation’s performance, such as people, projects, and performance, especially when it comes to expense and cost management. Since things change and people change at a rapid pace, your supply expense cost structure can change almost overnight..."
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Operate in Harmony - Compliance and Clarity Through Connected Technology
Power Supply
When case information, vendor requirements, and compliance data live in separate systems, even a small gap can create major delays. In Episode 2 of “Operate in Harmony,” Brendan Shaw from ReadySet and Jay McDonald from Green Security join us to explore how connected technology can bring greater clarity to the people, products, and processes supporting every surgical case. From linking EHR, ERP, scheduling, and vendor credentialing systems to reducing duplicate work and identifying missing requirements before the day of surgery, this conversation reveals how real-time visibility can help...
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Picking the Right Healthcare Supply Chain KPIs is Mission Critical
Power Supply
On this week's episode of Power Supply Articles On-the-Go, Bob Yokl delves into the critically important topic of KPIs in healthcare Supply Chain: "I’m sure you have heard the phrase “what is measured happens.” This phrase is the genesis or reason for creating and then measuring your individual KPIs. Without KPIs, you will never know if your supply chain department is being steered on the correct course or is off course and heading for a disaster..."
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Operate in Harmony - Building Best Practices for Clinical, Operational, and Vendor Alignment
Power Supply
Clinical teams, supply chain leaders, and vendor partners all play a critical role in surgical success, but getting everyone aligned isn't always easy. In Episode 1 of our brand-new podcast series, "Operate in Harmony," Geoff Gates from Cleveland Clinic and Matt Rechin from ReadySet join us to explore how stronger partnerships create the foundation for lasting best practices. From strengthening clinical engagement and streamlining vendor communication to leveraging technology and data to reduce manual steps, they’ll break down how stronger alignment can drive safer, smarter, and more...
info_outlineYou won’t want to miss this week’s jam-packed episode-- as we get an exclusive inside look at the future of healthcare economics with finance expert Andrew Donahue. As Director of Healthcare Finance Policy at HFMA, Andrew shares his insights and expertise on the challenges and opportunities that lie ahead for the financial well-being of the healthcare industry. Come along as we examine how an aging population is reshaping our financial future amidst inflation, shifting payor mixes, and workforce challenges. If you want to gain a deeper understanding of healthcare finance, this episode is a must-listen as we discuss innovative disruptions and collaborative solutions that are shaping the future of healthcare economics. Join the conversation today!
Once you complete the interview, jump on over to the links below to take a short quiz and download your certificate.
For AHRMM members: access your .5 CEC certificate here: https://www.flexiquiz.com/SC/N/ps8-4
For AHVAP members: access your .5 CEs certificate here: https://www.flexiquiz.com/SC/N/e3848dba-45bd-43dc-98fa-5c56ba3b5596
(Episodes NOW CEC APPROVED for AHRMM & CE APPROVED AHVAP members!)
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