Reducing Supply Chain Costs

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Supply chain costs are a necessary part of daily operations at a healthcare organization, but there are ways to reduce supply chain expenditures. Here are five tips to reduce supply chain cost, as reported by Healthcare Global.

1. Emphasize a staff wellness program. Healthcare providers spend all day helping others improve their health, but may not have time to focus on their own well-being. Introducing a gym membership program or nutrition support groups may encourage healthcare providers to stay healthy.

2. Save water. Excessive use and waste of water can add up on a hospital’s bill. Fixing leaks and installing low-pressure faucets can help conserve water and money.

3. Save electricity. Hospitals are filled with lights and televisions, so simple actions like turning them off when not in use can help hospitals save thousands of dollars a year. Additionally, hospitals can consider switching to energy efficient energy star appliances.

4. Case managers. Case managers can be imperative in helping patients find the appropriate care. They can help curb unnecessary admissions, which will play a role in Medicare reimbursements.

5. Track overtime pay. Balancing the number of healthcare providers and the hours they work can help hospitals save money on overtime pay costs. The article suggests hiring traveling nurses who can provide care but do not require overtime pay.


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