In 2020, supply costs were once again reported as one of the greatest line-item expenses in a hospital, exceeding labor expenses. US hospitals have most recently reported a combined $36 billion in medical and surgical supply costs. These expenses account for more than half of a hospital’s total supply costs. And, as the pandemic continues, these costs continue to rise at unsustainable rates.
A wave of policy and regulatory changes is shaking up…
Takeaways • Interdepartmental collaboration and standardized communication are essential to…
CEO Karen Franco, MBA, spent years struggling to fill surgical…