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.
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...
Read MoreSouthwest 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.
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.
Undergoing rapid expansion of services and physical space, this large midwestern integrated health delivery system found its supply chain service under extreme stress.
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.
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.
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...
Read MoreThis 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.
Read MoreMost 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...
Read MoreBy 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...
Read MoreWith 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...
Read MoreLeveraging data analytics enables hospitals to optimize scheduling and resources in the operating room.
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