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In hospitals, more than a third of the budget is allocated to supplies. According to a case study by the SAC College of Pharmacy, introducing inventory control measures for managing the most expensive medicines in a 1500-bed government-run hospital can …

Inflation has affected all aspects of the global economy, including the healthcare supply chain. Per the Consumer Price Index, the average price of consumer goods increased by 7.9% between February 2021 and February 2022 – a 40-year high.  Labor costs …

Ambulatory Surgery Center growth continues to accelerate. Here’s how to improve your ASC supply chain’s efficiency.

When physician offices make purchasing decisions for acquiring drugs, they usually follow a buy-and-bill process. The ‘buy’ aspect refers to providers ordering the medication, while the ‘bill’ has to do with getting reimbursements from third-party payers. This model offers several …

Drug and medical supply manufacturers operate in heavily regulated environments where assigning lot and serial numbers to their high-value, highly customized products is required for better visibility of the supply chain. The growing use of lot and serial numbers for …

The healthcare sector is growing thanks to greater access and consistent life expectancy increase. As a result, many clinics are struggling to keep up with the demand and improve their return on investments. This is why most healthcare organizations are …