Reining In Health Care Costs Through Stricter Supply Management

from informationweek.com

Could the secret of lowering health care costs nationally come from supply chain improvements? At least one executive thinks so from a major New York City healthcare provider that’s saving millions each year via better supply chain management.

“If health care wants to tackle its problems, you’ve got to take on systems drastically,” in terms of squeezing out costs in the purchasing of supplies ranging from drugs to sutures, to even the soda that’s sold in cafeteria vending machines, said Charles Agins, Montefiore Medical Center VP of finance and executive project director who oversees business information systems.

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