HealthTrust offers insights into supply chain risk management & new medical devices
Supply chain risk management
The COVID pandemic shed light on the urgent need for companies across the globe to strengthen supply chain resiliency and create mitigation plans to anticipate future disruptions. To advance that effort, HealthTrust recently launched a disruption intelligence suite in partnership with Everstream Analytics.
“Supply chain risk management is critical to the continuity of the healthcare value chain and has always been a priority for HealthTrust,” says Jocelyn Bradshaw, COO of GPO Operations for HealthTrust. “By partnering with Everstream, we are gaining additional insights that will continue to strengthen our sourcing organization and ultimately the entire healthcare supply ecosystem.”
The tool is powered by innovative technology that leverages EDI data, enhancing HealthTrust’s ability to monitor supply chains across the globe and more effectively manage supplier performance. Key personnel can access dynamic supply chain and material mapping—from Tier-1 manufacturing sites to sub-tier visibility. Intelligent data can improve event response because of faster insights and more context regarding how disruption can impact products, materials and healthcare providers.
“Better visibility, coupled with global intelligence provided by the HealthTrust team in Shanghai and the expansion of our Supply Interruption Mitigation Strategies (SIMS) pharmacy program, enable us to provide a wider safety net to ensure continuity in providers receiving the supplies and medications they depend on to deliver quality patient care,” Bradshaw adds.
Advancements in medical device intel
HealthTrust has launched SurgIntel, an innovative source for medical device implant analytics.
Drawing insights from HealthTrust’s membership base of more than 1,800 hospitals and 70,000 alternate sites of care, the intelligence platform is designed to provide hospitals, ambulatory service centers and health systems with comprehensive visibility and benchmarking on procedure supply expense and device utilization.
Medical Device Management (MDM) is a HealthTrust value-added service built by operators and guided by physicians to help organizations go beyond pricing to capture value, cost-savings and physician alignment. The MDM Team specializes in engaging physicians and supply chains to lower cost-per-case in the orthopedics, spine and cardiovascular service lines with the objectives of enhancing quality, lowering medical device spend and preventing long-term savings erosion in these high spend, clinically sensitive categories.
“Empowering health systems with personalized cost-per-case information can optimize implant selection, eliminate unnecessary variation and lead to improved patient outcomes,” says Chris J. Stewart, VP of MDM. “The new medical device implant database has the potential to revolutionize healthcare decision-making. By integrating vast data and advanced analytics, we can provide comprehensive, tailored insights for our provider members. These advancements in data analytics are reshaping healthcare delivery.”
Learn more about SurgIntel and how MDM can help you drive sustainable results by scheduling a consultation with one of our specialists at calendly.com/mdminfo or visit the team in the HealthTrust Village during the HealthTrust University Conference in Orlando in August.
Share Email Medical Devices, On-contract product, Q3 2024
