Change Management, Health System Integration, Non-Labor Cost Management, Assessment and Implementation of Non-Labor Expe... / Blog Post
5 Tips To Cut Supply Chain Costs
Hospitals and health systems struggle to reduce Non-Labor expenses to meet budget demands. Here are 5 tips to help get Non-Labor expenses and the supply chain back on budget.
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Non-Labor Cost Management, Assessment and Implementation of Non-Labor ... / Blog Post
Control and Maintain Costs Through Non-Labor Expense Reduction
GE Healthcare Partners' integrated Non-Labor cost-reduction solutions enable clients to extract significant costs from their supply chains and contracted services, and deliver sustainable sa...
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Results
Laser Focus On Non Labor Expenses Delivers $14 Million In Sustainable Savings
Southwest Washington Medical Center
Southwest Washington Medical Center was a stand-alone 422-bed acute care facility located in Vancouver, Washington, which merged with PeaceHealth, a large multi-state healthcare system, to become PeaceHealth Southwest Medical Center. The GE Healthcare Partners team guided the identification and implementation of recommendations for improvement in Non-Labor expense reduction.
Surgical Supply Chain Optimization Yields Savings at Academic Hospital with 800+ Beds
Southeastern Hospital (+800 Beds)
A hospital (800+ beds) in the Southeastern U.S. identified an opportunity to reduce waste in the OR invasive supplies, create cost transparency, reduce unwarranted variation in pricing and usage, and strengthen processes to sustain continuous improvements. These reductions led to better value for patients, improved clinician satisfaction, and increased quality of care.
Creating a Roadmap to Sustained Supply Chain Excellence
Midwestern Integrated Health Delivery System
Undergoing rapid expansion of services and physical space, this large midwestern integrated health delivery system found its supply chain service under extreme stress.
Two Campus, East Coast Health System
Employee Health Plan, Pharmacy Assessment Delivers $8.1 Million Savings And Financial Stability
Through a rapid-fire assessment led by pharmacy and employee health experts, GE Healthcare Partners unearthed $3.4 million to $8.1 million in annual savings across this client’s health plan, employee pharmacy program, and hospital pharmacy operations, enabling the client to position itself for financial stability.
Delivering $35M in Non-Labor Savings at a Southeastern Health System
A Southeastern U.S. Health System
A Southeastern Health System (“SHS”) went through a period of organic growth that, coupled with some key acquisitions, enhanced their ongoing success as a healthcare leader in the community. It spurred SHS’s executive and supply chain leadership to review supply-related policies, processes—and costs across the system.
More Insights
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Non-Labor Cost Management, Assessment and Implementation of Non-Labor ... /
Drive Margin Management Strategies to Achieve Bottom-Line Results With a Focus on Non-Labor Expenses
Non-labor expense (spending on supplies, pharmaceuticals, and purchased services) represents up to 40% of an organization’s operating expense and continues to be an under-optimized focus are...
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Non-Labor Cost Management, Pharmacy, Consulting Solutions / Blog Post
Optimize Your 340B Program Value to Enhance Your Community Benefit
This article describes efforts by healthcare systems to partner with GE Healthcare Partners to proactively tackle pharmaceutical supply costs through the optimization of the 340B Program.
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Non-Labor Cost Management, Pharmacy / Blog Post
There's Still Room for Improvement: Strategically Optimize Your 340B Program and Ensure Compliance
Most hospitals and health systems have room to improve and/or optimize their 340B programs. In today's environment, it is becoming increasingly rare to find situations where the savings is n...
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Non-Labor Cost Management, Pharmacy / Blog Post
Battling Extreme Drug Price Increases
By battling extreme drug price increases in a variety of ways, we helped our client save more than $3.3 million annually. Our client is able to use these very expensive drugs in a cost-effec...
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Non-Labor Cost Management, Assessment and Implementation of Non-Labor ... / Blog Post
Reducing Utility Costs: 4 Ways to Gain Buy-In From Your Hospital COO or CFO
With capital budgets continuing to strain, do you struggle with clinical demands taking precedence over infrastructure needs? Have your facility maintenance, repair, and upgrades been pushed...
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Analytics for Hospital Operations and Clinical Transformation, Digital... / Blog Post
Leveraging Data Analytics To Optimize Supply Availability In The Operating Room
Leveraging data analytics enables hospitals to optimize scheduling and resources in the operating room.
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