In the News

Jul 22 2018

August is Prime Time for UDI

Healthcare Purchasing News
Jul 12 2018
For many, it is the best of times, with medical advances leading to more effective therapies that treat patients based on their own genetic codes, new drugs that can cure diseases like...
Jul 06 2018
Mergers and acquisitions have been sweeping the healthcare industry for the past several years. PwC reported more than 200 M&A deals in...
Jul 01 2018
The Strategic Marketplace Initiative (SMI), a non-profit, member-driven organization of healthcare supply chain thought-leaders recently announced the appointment of...
Jun 29 2018
Last year, the health care industry logged a record number of mergers and acquisitions. In its annual report, Kaufman Hall recorded 115 hospital and health system M&A transactions in 2017, a 13 percent...
Jun 01 2018
A decade ago, the Institute for Healthcare Improvement coined the term the Triple Aim and outlined its...
May 25 2018
TransForm Shared Service Organization, based in Chatham, Ont., was named the Canadian Healthcare Provider of the Year, for the third consecutive year...
May 23 2018
Those in charge of UDI compliance for global medical device manufacturers are busy these days, not just because more countries and regions have or plan to publish...
May 18 2018

CEO's Who Give Back

Thrive Global
I had the pleasure to interview Bruce Johnson. Bruce is the CEO of Global Healthcare Exchange, a leader in...
May 17 2018
Last week, Dave Reed was recognized as a leader in healthcare operations by the Global Healthcare Exchange (GHX). The Supply Chain Leadership award recognizes...
Apr 20 2018
Automation holds incredible power to streamline our work and personal lives and is a significant contributor to the progress being...
Apr 05 2018
One of the most dynamic issues facing today’s healthcare supply chain is the price accuracy of critical supplies that...
Apr 01 2018
Regulatory and market demands for more real-world evidence (RWE) on product performance and changing reimbursement structures are necessitating changes in...
Mar 30 2018
In an industry that uses technology advanced enough to replace a person’s hip, it’s a shock to realize that a good ...
Mar 23 2018
Regulatory and market demands for more real world evidence (RWE) on product performance and changing reimbursement structures are necessitating changes in how...
Mar 12 2018
The health care industry has spent the better part of the last decade focused on automating processes. Not surprisingly, the industry...
Feb 13 2018
“How much did this procedure cost?” While this might seem like a straightforward request, it’s often difficult, if not impossible, for healthcare providers to...
Feb 05 2018
Everyone in the business of providing healthcare is at a critical juncture right now. U.S. hospitals are struggling to remain financially viable, margins are thin and...
Jan 22 2018
When fictional industrialist Diet Smith introduced to Dick Tracy in his eponymous comic strip...
Jan 22 2018
While it followed the U.S. UDI rule by nearly four years, the European regulation that requires manufacturers to label their products with...
Jan 05 2018
Payments is the "last mile" in the health care supply chain, where automation promises to deliver...
Dec 20 2017

Take it from the Irish: Just do it

Healthcare Purchasing News
Last year, around this time, I was completing a Capstone project for the U.S. Food and Drug Administration (FDA) on whether manufacturers considered how hospitals would use...
Dec 12 2017
Global Healthcare Exchange, which develops technology for healthcare supply chain management, has launched what it said is a first-of-its-kind tool to help clinicians...
Dec 12 2017
The challenges in healthcare today are well documented—uncertainty in federal regulations, changes in reimbursements that impact both suppliers and providers, and increased pressure to move from fee for service to value based care, among others...
Dec 05 2017
Efficient payment processes benefit both healthcare providers and suppliers – helping to create more productive relationships among...
Nov 16 2017
Bruce Johnson was raised in a family that believed in giving back, especially to children less fortunate than him. That ethos has stuck throughout his life, displayed in his personal philanthropy and role as president and CEO of the Louisville-based healthcare automation firm Global Healthcare Exchange.
Nov 09 2017
The supply chain sits at the center of the health care industry’s ongoing...
Oct 27 2017
A recent report issued by International Data Corp., stated that IT infrastructure spending for cloud deployments will top $40.1 billion...
Oct 24 2017
In the September 2017 issue of Standard Practices, I wrote about how real world evidence (RWE) can help us better understand how...
Sep 22 2017
The massive computing power and costs savings afforded by the cloud are...
Sep 13 2017
New payment and financial technologies are quickly emerging from the FinTech community...
Sep 01 2017
Ask progressive doctors, surgeons and nurses to list their top cost drivers and they’ll likely unspool a litany...
Aug 24 2017
For those of us who have made our careers in IT and technology, the cost savings and performance...
Aug 22 2017
One of the most promising aspects of healthcare’s move to value is the ability to garner more...
Aug 01 2017

Questions Cloud Healthcare Market

Inside Supply Management Magazine
Uncertainty in the healthcare market can have a significant impact on the U.S. economy. The percentage change in...
Jul 21 2017
As the name implies, this column typically focuses on the value of standard practice, but this month...
Jul 14 2017
Achieving the ‘perfect order’ has been the holy grail of the order-to-payment cycle...
Jun 26 2017

The UDI Conference Shifts to Value

Healthcare Purchasing News
Just as I was preparing my presentation for last month’s UDI Conference in Baltimore, President Trump announced...
Jun 14 2017
Eighty-eight percent of finance executives at healthcare suppliers anticipate pressure...
Jun 13 2017
The biggest shift in the healthcare industry may not be the Affordable Care Act or its potential...
May 02 2017
How would you describe the role of a CIO today? There is no question that the role...
Apr 20 2017

And Then There Were Two: UDI Goes Global

Healthcare Purchasing News
Timing for the Spring 2017 GS1 Global Healthcare Conference could not have been better. The semi-annual event...
Mar 20 2017
Medical errors are not new news. The high number of deaths due to preventable medical errors made the headlines in 1999 with the publication of...