Key Inflationary Challenges in the Healthcare Supply Chain
Introduction Health system leaders will almost always contend with several key inflationary challenges in the healthcare supply chain. Inflation may slow or accelerate year to year, but introduces continuous challenges that demand strategic foresight and agility to maintain financial stability and resilience. In this article, we discuss three inflation-related challenges affecting the healthcare supply chain. […]
2024 Specialty Pharmacy Distribution Issues and Opportunities
Big idea: Specialty pharmacy distribution issues regarding safety, visibility, compliance, and cost will persist unless special attention is paid to the unique needs of the industry. Introduction In a 2022 blog series, we discussed four unique concerns surrounding specialty pharmacy distribution. These include patient safety issues, lack of visibility, high compliance risk, and increased costs. Nearly […]
The Role of Specialty Pharmacy in Value-Based Care
Introduction Specialty pharmacy is well-positioned to lead the healthcare industry in the shift towards value-based care. Niche but high in value, specialty pharmacy already implements the unified, patient-centric approach that is foundational to value-based models. With attention to a few key opportunities and challenges, specialty pharmacies can champion value-based care within and beyond their organizations. […]
The Shift to a Value-Based Healthcare Supply Chain
A value-based healthcare supply chain operates under new incentives that require a reimagining of supply chain strategy and technologies. Introduction Value-based care is reshaping the foundation of the healthcare system by prioritizing patient health outcomes over traditional fee-for-service models. With a quadrupling of value-based care investment during the pandemic, health systems are increasingly turning towards these models […]
Diversifying Specialty Pharmacy Prescription Delivery Channels
It’s important to diversify your specialty pharmacy prescription delivery through both major carriers and couriers to ensure that critical shipments are delivered quickly, accurately, and safely.
How Growth in Shipping is Driving Specialty Pharmacy’s Focus on Supply Chains
In today’s high-growth specialty pharmacy segment, the supply chain should always be a priority. From 2016 to 2021, specialty pharmacy drug spending surged 43% to reach a whopping $301 billion, putting more emphasis on drug distribution across the supply chain. The trend is expected to continue, with the U.S. Department of Health and Human Services […]
