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Key Challenges Facing Resilient Health Care Supply Chains

The healthcare supply chain not only entails tracking product purchases as they move from the point of origin to the point of use. 

Key Challenges Facing Resilient Health Care Supply Chains

By

Healthcare Business Review | Monday, July 03, 2023

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Healthcare providers benefit from lower costs, more revenues, and—most importantly—the ability to deliver higher-quality care when they buy prescription medications, medical equipment, and other products through an efficient supply chain.


Fremont, CA: The healthcare supply chain not only entails tracking product purchases as they move from the point of origin to the point of use, but many of these items can mean the difference between life and death. Managing the medical supply chain is another major factor in the high cost of healthcare.


This is why it's crucial to optimize the healthcare supply chain. Healthcare providers benefit from lower costs, more revenues, and—most importantly—the ability to deliver higher-quality care when they buy prescription medications, medical equipment, and other products through an efficient supply chain. Providers must address issues using the following solutions to optimize the supply chain:


Overnight Shipping


There is no debating the importance of overnight shipping in the healthcare sector. Hospitals have an obligation to respond to crises, no matter the cost. One or two overnight orders won't negatively impact a provider's bottom line, but regular overnighters will negatively influence profitability.


Hidden Costs


Hidden expenses are another issue that healthcare providers must deal with. Buyers frequently need to pay attention to pricing variations and quality changes that might lead to overcharging by focusing only on the product price and shipping expenses.


This is where high-quality healthcare software increases transparency so providers can price their products more holistically, considering all expenses related to moving and maintaining supplies.


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