What You Should Know: - IBM has launched Rapid Supplier Connect, a blockchain-based solution to help battle medical supply chain shortages due to COVID-19. - The network will help government agencies and healthcare organizations identify new, non-traditional suppliers who have pivoted to address the shortage of equipment, devices, and supplies needed for COVID-19 relief efforts. -
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COVID-19: Is Your Hospital’s Supply Chain Ready for Coronavirus?
Chances are good the face mask you’re wearing or have on hand (just in case) was made outside the United States, maybe in China. In calmer times, that wouldn’t matter much. But when Chinese officials are trying to stem a global pandemic that started in a Chinese city, how likely is it that the country will continue to export face masks at the same rate? This isn’t a hypothetical. With the spread of COVID-19, aka, coronavirus, we know the answer is not very, and that it impacts a great deal
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GHX Acquires Lumere to Advance Clinically Integrated Supply Chains
- Global Healthcare Exchange (GHX) announced it has acquired Chicago-based Lumere, a provider of evidence-based data and analytics solutions that enable healthcare organizations to build clinically integrated supply chains and optimize medication formulary management. - As reimbursement models move from fee-for-service to fee-for-value, GHX believes Lumere’s capabilities will extend its value to more directly improve patient outcomes at the lowest cost by empowering customers to make
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2 Healthcare Supply Chain Priorities Supporting Value-Based Care to Watch in 2020
- GHX Survey finds healthcare supply chain data and standardization key to accelerating healthcare’s shift to value-based care.- The survey highlights the role of healthcare supply chain data will play during the year(s) ahead in solving the cost-quality-outcomes equation.Global Healthcare Exchange, LLC (GHX), a healthcare business and data automation company has announced the results of a survey conducted among its Best 50 provider organizations regarding healthcare supply chain priorities for
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Clinically Integrated Supply Chains: The Future of Supply Chain Management?
Slowly, but surely, supply chain management is evolving. GHX’s Bruce Johnson explains. It’s hard to believe that after nearly a decade of embracing HIT, the U.S healthcare industry still has its share of technological growing pains. Perhaps there is no better example than supply chain management (SCM), where manual methods often remain the default despite the enthusiasm to take things virtual. According to a recent survey conducted by Sage Growth Partners, most executives believe SCM is a
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Jump Technologies Raises $2M to Expand Hospital Supply Chain Management Platform
Jump Technologies, a hospital supply chain solutions provider, today announced it has raised $2 million in funding led by Black Granite Capital and includes new strategic investor Mount Sinai Ventures and reinvestment by two large investors. The Eagan, MN-based company plans to use the latest round of funding to expand the company’s national sales efforts and support broader product development.Supply Chain Management Is Often Overlooked in HospitalsInventory management in hospitals is often
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3 Digital Trends Transforming Medical Supply Chain Companies
How Medical Supply Companies Can Take Charge with Digital Many businesses today worry about being “Ubered” or “Amazoned” – that is, seeing their markets invaded by digital native upstarts that overturn traditional business models and value propositions. The healthcare industry’s complex supply chains and regulatory burdens seem to create a high wall that will discourage such disruption. Yet the reality is artificial intelligence (AI), machine learning, data analytics and intelligent automation,
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