How Vertical Integration in Hospitals is Supporting the Industry
The term “vertical integration” often carries a negative connotation in the specialty pharmacy space. However, hospitals are pioneering a positive form of vertical integration that yields advantages for patients, healthcare providers, and the overall business of Integrated Delivery Networks (IDNs). A recent Drug Channels article details the positive impact of this development on the broader […]
10 Strategies for Building a Sustainable Healthcare Supply Chain
Across the United States, companies are responding to both growing legislation around supply chain sustainability and to their customers’ insistence on sustainably produced products. Meeting that demand requires sustainable practices at every stage of the chain. This encompasses a wide array of aspects, ranging from environmental criteria such as greenhouse gas emissions, pollution control, environmental […]
Unlocking Success: The Power of Supply Chain Cost Transparency
The phrase “supply chain cost transparency” gets tossed around quite a bit in the freight management industry. But what does it mean, really? And why is it so important to have? We recently wrote about the importance of carrier neutrality—allowing customers to choose the carriers that work best for them. Today, we want to emphasize […]
Improving Employee Recruitment and Retention in Pharmacy
Recruiting and retaining employees in the pharmacy field can be a significant challenge. In today’s competitive job market, it’s crucial for employers to consider a new approach that goes beyond the traditional “triple aim” in healthcare, which focuses on enhancing patient experience, improving population health, and reducing costs. Now, a fourth priority has emerged: provider […]
Why Multi-Carrier Shipping is Important to Your Supply Chain
When you sign on with an inbound freight management partner, they often tell you they exclusively work with one carrier. At the time, you might think that’s no big deal, but we’re here to tell you otherwise. Multi-carrier shipping is the way to go, especially in the healthcare supply chain industry. Working exclusively with one […]
How to Use Data Analytics in Pharmacy to Inform Decision Making
Most specialty pharmacies produce and manage a significant amount of data, including prescriptions, prescriber information, insurance company particulars, and patient details. However, merely having data analytics in pharmacy and effectively using it to predict and enhance outcomes, improve quality of life, prevent adverse events, and boost the bottom line of your health system are two […]
