- Leverage AI solutions for data-driven decision making
The high cost of AI, coupled with lack of standardization and limited IT infrastructure, have served as barriers to AI adoption for ASCs. However, as AI technology becomes more accessible and affordable, its use in ASCs is expected to accelerate. By focusing on high-impact areas, such as the supply chain, ASCs can achieve some quick gains, particularly in the areas of resource utilization, inventory management, and waste reduction. AI-powered solutions allow ASCs to predict demand more accurately, manage inventory more effectively, and optimize procurement strategies. AI-based analytics can analyze historical data and usage patterns to forecast needs more precisely, reducing the likelihood of overstocking or stockouts. AI adoption not only lowers operational costs but also enhances patient care and clinician satisfaction by ensuring that the necessary supplies are available when needed.
- Implement value analysis to prioritize quality, patient-centered care
Through value analysis, ASCs can ensure purchasing decisions are objective and financially sound. This will become increasingly important as new surgical procedures are approved for outpatient settings and as patient volumes continue to increase. Through value analysis, ASCs can enhance operational efficiencies, improve patient outcomes, and manage costs, all essential elements of value-based care. Physician buy-in and participation in the value-analysis process is critical. It’s equally important to establish clear goals and objectives to demonstrate and ensure alignment with the organization’s broader aims. A value analysis committee should be formed to lead the program, comprised of representatives from various departments and specialties to ensure broad perspectives on clinical and operational needs.
- Optimize just-in-time purchasing
Just-in-time purchasing offers ASCs significant operational and financial efficiencies. Primarily, it helps minimize inventory, a critical need for ASCs which often have limited storage space. It also reduces the risk of having obsolete, expired, or excess inventory that goes unused. Implementing AI can enhance just-in-time purchasing by providing real-time insight into supply and demand trends, improving accuracy in procurement decisions. By aligning orders with actual demand, ASCs can improve cash flow by reducing the amount of capital tied up in inventory. This approach also enables more accurate budgeting and planning, making it easier to predict expenses based on actual needs, rather than relying on forecasted inventory levels.
- Engage the right supply partners
Strong supply chain partners are key to maintaining a seamless flow of goods and services while helping to control costs. ASCs should seek supply partners that not only offer competitive pricing, but also a more integrated, collaborative approach to supply chain management. The right partners will provide valuable insights into inventory management, assist with demand forecasting, and provide customized solutions tailored to the unique needs of the ASC. Flexibility is key—partners should be able to quickly adjust to changing patient volumes and surgical procedures without compromising on quality or delivery timelines. Beyond clinical goods and services, ASCs should also seek reliable partners for other supplies such as cleaning and maintenance supplies, as well as breakroom and waiting room products, ensuring cost-effective, high-quality solutions across the board.
By leveraging AI solutions for better demand forecasting and inventory management, implementing robust value analysis programs, optimizing just-in-time purchasing, and engaging the right supply chain partners, ASCs can significantly enhance their supply chain operations. These strategies not only reduce costs but also contribute to improved patient outcomes, helping ASCs stay competitive in today’s challenging healthcare landscape.
Staples Business Advantage is a leading healthcare purchasing partner, proudly serving 8 of the top 10 healthcare systems nationwide. Leveraging GPO partnerships, we deliver substantial cost savings and streamlined procurement across EVS, furniture, breakroom supplies, print, marketing, and more. Our robust supply chain ensures dependable access to essential products, with fast, free delivery covering over 98% of the U.S.
