Posts Tagged ‘Healthcare Value Chain’
Healthcare Value Chain
Healthcare providers in present day world are changing the trend when it comes to checking a patient’s health related problem. This is made possible by providing o doctors, nurses and lab technicians with a real time access to patient’s data, billing, drug and other practice related information which enables healthcare institutes to provide the best patient care. Moreover, drug vendors, insurance companies require business critical information regardless of the location. Such services also help in attracting international patients from all across the globe.
It is important for the healthcare providers to have a very pro active Read the rest of this entry »
Healthcare Supply Chain
Healthcare supply chain management is a tricky business. The supply chain is the most overlooked part of the healthcare industry. It does not matter whether these products are pacemakers or medication. Supplies remain extremely valuable, though they are part of why healthcare is surprisingly expensive.
Managing low-inventory levels can be a bear, especially if the company wants to keep customer service levels high. Part of customer service is getting clients the supplies they need in time. More and more hospitals are increasing their budgets for the sake of their supplies. The problem largely lies in the Read the rest of this entry »
The Value Chain
In a previous article, “Hidden Money in Your Business: Ask Four Questions to Find it”, I discussed questions to use in identifying Cost Drivers. Cost Drivers are the reasons why we do work. Or, for the work we do, why the work costs so much, why quality suffers, and why the work takes so long. This activity analysis yields powerful, actionable information for cost management.
However, before rushing off to ” fix ” these Cost Drivers, take a breath and ask a few more questions to ” get the lay of the land .” Read the rest of this entry »