High reliability is being used by healthcare organizations across the country in an effort to reduce medical errors and improve patient safety. However, to truly reduce errors and improve financial and operational performance across a health system, high reliability concepts should be adopted in all areas—not just clinical care settings.
Supply chain management accounts for all hospital expenses outside of labor. True cost reduction strategies are grounded in value—or cost, quality, and outcomes (CQO)-based supply management—the key driver in creating a sustainable financial model. As hospitals evolve and adapt to value-based, patient-centered models, their supply management strategy must evolve as well. This webinar will discuss the cultural and operational transformation that is required to ensure that your supply strategy is aligned with your organization’s quality and financial goals.
Learning Objectives:
- How to develop a supply chain transformation model that employs high reliability and CQO principles
- How to create an agile, strategic supply chain that takes a holistic approach to expense management through clinical integration, verified performance targets, and budget accountability using this model
- How to cultivate and establish executive alignment at multiple levels, from the board to executives to supply chain
- Understand the change management required to address the organization redesign and culture shifts necessary for this transformation to occur
Authors: Milrose Mercado, Kenny Scher
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