Distributors are trusted partners with payers to manage costs and promote affordability.
Hospitals earn or save up to $4 for every $1 invested in the supply chain.
Hospitals that performed best in supply chain management spent $23 billion less than the others on supply chain costs, an average of 17.8% in expense reductions.
Providers that improve their supply chain management strategies could save as much as $9.9 million per hospital.
Three-fourths of all healthcare products distributors facilitate electronic ordering, saving hospitals 77.2 percent off the cost of ordering products and supplies by phone.
Resources
KEY TOPIC
Sustainability In The Healthcare Supply Chain
Understand the current state of sustainability reporting in the healthcare distribution industry.
