Pfizer is also collaborating with Ochsner on improving clinical trial execution.While the primary goals are to improve the efficiency and patient experience, an important supply chain aspect is the data connection between the data generated at the site and patient electronic health records. 19 in this year’s ranking, Pfizer saw uplift from its inventory turns (improving to 1.5) and the second-highest increase in Gartner opinion. Healthcare is changing at an unprecedented pace, due to the impacts of technology, cost pressures and the growing influence of the patient. “Spend Analytics Help Banner Health Control Supply Chain Costs,” RevCycleIntelligence, Xtelligent Healthcare Media. Healthcare may be unique in its patient-centric focus, but the fundamentals of supply chains remain the same regardless of the industry. Every day, innovations that leverage digital technology are announced. As part of the Inventory Management Transformation (IMT) initiative, RFID tags are being used to help better track inventory of high-value items.Not only does this improve inventory accuracy, but it also allows clinical staff to spend less time on supply chain activities and more time with patients — estimated at 22,000 hours as of June 2019. Determining a quantifiable proxy for health systems’ quality of care. While Ochsner dropped three spots from 2018, it still has relative strength in peer and Gartner analyst opinion. CVS already makes 700,000 home visits and has 72 million Americans connected via text. Combining laundry transportation with other hospital supplies appears to be the exception rather than the rule though. Medtronic has also invested in digital technology, especially connected products. “Wellframe Partners With Boston Scientific to Deliver Digital Heart Health Management Solution,” Health IT Outcomes. For example, in the aftermath of Hurricane Maria in 2017, the supply chains of many life sciences companies were devastated by the storm, as Puerto Rico has become an important location for manufacturing sites. Henry Schein is also reorganizing to refine its business focus. In addition to its solid bond rating, Trinity Health’s scores from both peer and Gartner analyst opinion improved year over year. For the second year, we use a separate category to highlight the accomplishments and capabilities of long-term supply chain leaders. You can also subscribe without commenting. The Gartner healthcare supply chain research team is pleased to present the 11th annual Healthcare Supply Chain Top 25. J&J is committed to improving the access to care globally, as evidenced by its Health for Humanity 2020 initiative. When you contemplate the scale of the problem — over 10 billion oxycodone and hydrocodone tablets distributed each year between 2006 and 2012 — it’s evident that there was clearly a supply chain visibility problem. As part of that recognition, CVS Health was also named No. The good news is that models do exist to strengthen and improve the health-care supply chain. Ochsner was also recently highlighted in RevCycleIntelligence for its physician engagement improvements made by tapping physicians for leadership positions in the supply chain, effectively changing the dynamic in influencing physician behavior and decision making. Depending on the type of product, hospitals can either purchase inventory directly through the manufacturer or distributor, or the transaction can be conducted through a group purchasing organization, which establishes a purchasing contract with the manufacturer on behalf of the hospital. Cardinal’s relationship with naviHealth is a good example of how Cardinal is repositioning itself as healthcare changes. 1 June 2020. This was accomplished by consolidating volumes by standardizing on a smaller number of purchased items, and in some cases, using surgeons to help negotiate pricing. Hospital and healthcare service organisations are beginning to catch on to the many benefits of scanning technology. Additionally, Intermountain’s hyperfocus on data accuracy and integrity continues as it utilizes GS1 standards, United Nations Standard Products and Services Code (UNSPSC) categorization, and over 60 product attributes to improve data transactions, alignment and efficiency. Oracle enables healthcare transformation with a complete set of SaaS and PaaS solutions, including ERP, EPM, HCM, CX, and supply chain cloud applications. Leading healthcare providers continue to demonstrate the ability to break new ground on top of strong foundational capabilities. Improve visibility by leveraging external services that can monitor key risk areas (e.g., weather, acts of god and geopolitical) and establishing internal control towers. Spectrum Health rose seven spots this year to garner the No. Cardinal Health is both a distributor and manufacturer. With the value-based reimbursement model implemented by the Affordable Care Act incentivizing healthcare providers to coordinate patient care wit… Sorry Ged, I just realised your request was a long time ago. An example of this is “slipper socks” — a consumable that every hospital needs but is often overlooked due to its low cost. Certainly the Intermountain supply centre is being hailed as a shining example of supply chain excellence. “BJC’s Prodigo Marketplace Success Story,” PwC. This is a staggering and deeply troubling number. BJC received its fourth year in a row Millennium award from GHX for achieving the highest levels of supply chain automation with trading partners. Northwestern’s supply chain leaders have sustained its efforts over a long time horizon, adapting to a changing environment that brings the AMC and suburban community hospitals together. The warehouse network leverages a single entry point for incoming shipments and handles medical devices through a consolidated service center. We value our partnership with IBM Watson Health, our ranking wouldn’t be as meaningful without its willingness to share its data. Either way, after a slow start, health authorities and private healthcare systems around the world are learning to capitalise on the value provided by an efficient, centrally controlled supply chain. Duke’s IBM Watson Health score moved into the top quintile for 2019. Galvanizing its efforts under its leadership team, Roche’s supply chain has grand aspirations to transform its supply chain, providing better operational alignment to commercial segments across its various businesses, including specialty medicines, diagnostics and Genentech. The RFID platform is used to manage a range of medical supplies and is just the beginning for BJC, as they expect to install the cloud-based system across all their remaining facilities by mid 2017. From logistics to digital supply chain to collaboration and advanced sourcing, Spectrum is shaking things up. Nearly all supply chains can design compelling presentations that show the links between their proposed actions, corporate goals, and the needs of their customers and patients. Historically, most healthcare products were made-to-stock, and manufacturing and order fulfillment were not directly linked, thanks to the presence of substantial reserves of finished goods inventory. This collaboration will build on the combined strengths of both organizations to accelerate the research, development and market adoption of tools, technologies, products, and therapeutics. CVS has clear supply chain performance standards for all suppliers published directly on its website for all vendors to comply to. The UK must build up its manufacturing capacity for healthcare supplies such as ventilators and personal protective equipment (PPE) to be ready for future crises. Despite that, voters weren’t expected to conduct external research to place their votes. From consolidating purchases, to streamlining requests for proposals, to contract usage optimization, Banner is benefiting from the automation and insights that technology enables. Global trade agreements are in a state of flux, with Brexit, the tariff uncertainty between the U.S. and China and the proposed change to the North American Free Trade Agreement (NAFTA) being key examples. “Creating Value by Transforming the Consumer Health Experience,” CVS Health. Regards – Rob P.S. As healthcare transforms from a fee-for-service payment model to an outcome-based payment model, having strong clinical expertise is a real advantage at finding the right balance between cost and outcomes. The healthcare supply chain starts at the medical product manufacturer where items are produced and sent to a distribution center. Any supply chain leader from a manufacturer, distributor, retail pharmacy or health system is eligible to vote. Self-distribution (a term which seems to have been coined specifically for the healthcare sector) works in a similar way to retail distribution, in that the healthcare organisation maintains a central distribution centre. Anyone uncomfortable about the cost of implementing RFID can take comfort from BJC’s confident projections. Similar to our Chainnovator winner from 2016, AstraZeneca’s Healthy Heart Africa, Roche has found an opportunity to leverage its supply chain expertise to improve both access to and cost of medicine in Africa. This company was spending €250,000 per year on replacing lost bed sheets. Stryker has identified eight critical process areas where it has initially used the accreditation, including sterilization and welding. McKesson moves into No. 23 this year with a jump into the second quintile of the IBM Watson Health study, strong bond rating and steady strength in peer opinion. Scripps Health returns to the ranking after a brief absence, closing out the Top 25 with the final spot on the list. This leader refocused the strategy group on deployment and execution, and now every individual, among the tens of thousands of team members, know the supply chain strategy and their part in it. Copyright © 2020 Logistics Bureau Pty Ltd. SEO by Online Marketing Whiz. It recently made public a four-year relationship with the imaging company KARL STORZ that leverages 3D vision systems in a soon-to-be-released robotic surgery platform. This type of system has become particularly popular in the management of pharmaceutical supplies, which require a high degree of diligence in terms of distribution and dispensing. Because of the greater cost of RFID, growth in adoption has been slow but steady for logistics and supply chain purposes, but has been enjoying a greater rate of take-up for patient care and tracking of equipment inventories in operating theatres. This is an attractive trait, as it allows supply chains to insulate customers from supply disruptions and take advantage of demand spikes. AmerisourceBergen (ABC) makes its sixth-consecutive appearance in the top 10, this year at the No. Internal logistics problems are exacerbated by the fact that most activity is conducted by medical staff—people who are skilled in caring for patients, not in logistics efficiency and best practice. This is further discussed in recent research which highlights the work of a Gartner’s Special Interest Group on the topic and Healthcare Best Practice Series, Instead of solely relying on reactive responses when a disruption hits, risk mitigation actions are complemented with better visibility to` external events, enabling faster recovery. Duke employs a supply chain chief medical officer responsible for helping guide that true north for the organization. Through a focus on informed decision making, collaboration, innovation and smarter work, Cleveland Clinic’s supply chain continues to be a thought leader and force of influence and change in healthcare. “Healthcare — Banner Health,” Supply Chain World. Even as they expand their footprint aggressively in Florida and Arizona, increasing overall supply chain complexity, Mayo Clinic’s supply chain is breaking new ground in many other areas as well. This is noteworthy in light of the efforts Medtronic has made to improve customer collaboration over the last three years. It has a unique program for evaluating new technology and standardizing large product categories “designed for the physicians by the physicians” to make investment and financing decisions for the system across specialties. Peer panel polling was conducted during September 2019, via a web-based, structured voting process. As part of the Inventory Management Transformation (IMT) initiative, RFID tags are being used to help better track inventory of high-value items. Mayo Clinic is a combination of methodical and innovative in its approach to supply chain excellence. Additionally, Novo Nordisk is also making its logistics response more agile by securing more air freight capacity — shortening the response time, in response to possible border delays. An example of the direct way Cleveland Clinic is leveraging technology to improve patient care is its partnership with Google to provide health and wellness information on Google digital devices. It may demonstrate CVS’s transition in 2019 from a pharmaceutical retailer to more of hybrid healthcare provider. “Scripps Physician Leader Receives National Supply Chain Award,” Scripps. Small RFID tags are sown into sheets, gowns and other linen items, enabling them to be tracked as they move between hospitals and laundry centres. For … , recognizes supply chain leadership across the spectrum of organizations that deliver healthcare. In the recent past, J&J has made strides in analytics, intelligent platforms, Internet of Things (IoT) and automation, to name just a few other areas. In the recent past, J&J has made strides in analytics, intelligent platforms, Internet of Things (IoT) and automation, to name just a few other areas. It is used to guide both peer and analyst voters as they consider companies to select for the Healthcare Supply Chain Top 25. BJC invested in new supply chain leadership from another health system in early 2018, after having two outside healthcare leaders at the helm in the middle of the decade. Not only does this give them more time to focus on patient care, it also reduces the risk of inventory hoarding and shrinkage, which tends to be a costly issue for most healthcare organizations. This tactic will not work for personalized products, and leading supply chains are pursuing tactics like manufacturing postponement and disintermediated supply to become more agile. This translates to a supply chain that is able to leverage technology as a competitive advantage and differentiator in the future. This will enable patients and their families to be more active participants in their care, with the goal for them to live happier, healthier lives. Procurement & Supply Chain Strategy 2018 – 2021 Standardised code systems and data carriers such as bar codes, RFID tags and magnetic strips are the bedrock of secure, efficient supply chains and the technology and systems for application of barcoding in the healthcare supply chain is now mature enough for effective and widespread adoption. Disruptive weather events, such as hurricanes and typhoons, also highlight the need for supply chain agility. The global pandemic of COVID-19 put massive strains on healthcare supply chains.We saw severe shortages of products that were in high demand, like masks and testing kits, while a freeze on elective surgeries caused a buildup of non-essential products in the supply chain. O&M continues to have a loyal following for distribution services in a tightening market with its top 10 relationships having more than 15 years of tenure. Walgreens is exploring new delivery methods, specifically via drone. While there are more intriguing (and yet mostly unproven) technologies, both of these supply chains have leveraged digital technology to improve supply chain visibility. This downtown Chicago-based healthcare provider is a poster child for capitalizing on the disruptive merger and acquisition activity in the industry. O&M has $9 billion in revenue across 90 countries and 4,000 healthcare provider locations. Perhaps the cost aspect needs little explanation. Early reports look promising for Advocate Aurora Health as it tries to take significant real supplies and service cost per adjusted patient discharge out of the cost of care, independent of new technology adoption or inflation. Henry Schein is also reorganizing to refine its business focus. Ochsner comes in at No. There seem to be few healthcare providers wishing to continue working with fragmented distribution channels—quite understandable given the massive portion of spend that hospital supply chains generate. A specific area of focus for Cardinal is the hospital pharmacy, and leverages automation, analytical tools and process guidance to improve the efficiency of pharmacies, and free up clinical staff to focus on more patient-centric activities. As payment shifts from fee-for-service to outcome-based, companies like naviHealth provide an important resource for post-acute care. “How JJMDC Helped Intermountain Healthcare Streamline Supply Chain Operations,” Council of Supply Chain Management Professionals’ (CSCMP’s) Supply Chain Quarterly. … However, RFID has also proven its value in managing other types of hospital inventory. After falling shy of Gartner’s list by just one spot last year, Trinity Health makes the Top 25 list in 2019 for the very first time, coming in at No. While we can’t speak to how each individual voter made their decision, the outcome seems in line with reporting on the major manufacturers involved. You don’t have to look further than CVS Health’s investor day presentation to see the transformation it is embarking on. For those of you looking for Cardinal Health, Mayo Clinic and Intermountain Health, they are this year’s Masters and we don’t share their scoring details. The Medtronic supply chain has prioritized operations-to-operations relationships with its customers, a dramatic shift away from the sales representative dominated relationships that, for years, have defined the IDN and medical device interaction. The health system is targeting corporate social responsibility as well. If you could share a soft copy I would like to provide this to our hospital team. Orders are typically placed by different factions within a single facility, and fulfilled by multiple manufacturers, wholesalers and distributors. 7 in this year’s Top 25, marking its second consecutive year in the top 10. , Feel free to merely copy from the blog, but I’ll have a copy emailed to you as well. There appears to be headwinds to further merger discussions, according to a May 2019 Forbes article, but this relationship has shown supply chain partnership and collaboration over a number of years now at scale. 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