Healthcare Supply Chain Management: Improving Patient Outcomes
Supply chain usually refers to the resources needed to distribute goods or services to the end user. In healthcare, managing the supply chain is normally a very complex and fragmented process.
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Healthcare supply chain management is a process of obtaining resources, handling supplies and distributing goods and services to providers and end users.
To complete the process, information about medical components and services usually go through a number of independent stakeholders, including manufacturers, insurance companies, hospitals, providers, group purchasing organizations and several regulatory agencies.
The aim of Supply Chain in Healthcare is to find the vulnerabilities among departments and propose measures to reduce them. It aims to identify weak areas to achieve targeted health outcome and increases investments in global health.
The advantages of efficient Supply Chain in Healthcare is improved processes, efficient utilization of resources, satisfied employees, effective treatment and happy Patients. The significance of the research paper is to analyze possible loopholes in the healthcare and recommended controls which can be applied practically so as to bring improvement in the healthcare.
In Hospitals Integrated Supply Chain should be implemented to meet the objectives. The Supply Chain ensures proper linkage of hospitals department, operations, revenue cycle. The Supply Chain can be visualized as a back end program running which is necessary to integrate all the different processes together.
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The healthcare supply chain management market is anticipated to grow with a significant rate in the coming years, owing to factors such as, increasing pressure on healthcare providers to expand working efficiency & profitability and the emergence of cloud-based solutions drives. Mobile-based healthcare supply chain management solutions and faster adoption of technology offer growth opportunities for the players operating in the market.