Healthcare Management

With supply costs projected to outpace labour costs by 2020, hospital supply chain departments are focusing on their capital equipment expenditures. One significant area of focus is Physician Preference Items (PII). According to Definitive Healthcare, physician preference items constitute 40-60 per cent of a given hospital’s total supply costs. While physician feedback on supplies will always remain a central component in decision making, healthcare supply chain touches biomedical engineering, clinical engineering, clinicians, facilities, construction, and more. Effective decision making requires each stakeholder to provide feedback during the purchase process.

byKristen Barrett