Welcome to this week’s edition of SpendVu’s Healthcare IT and Supply Chain News Weekly Digest. Join us each Friday for a new post featuring select industry related articles that we at SpendVu find interesting, controversial, and/or enlightening.

Catch up on this week’s industry news including news reports about digitizing healthcare supply chain, ERP integrators tackling new areas in healthcare supply chain, and the top reasons why organizations are putting off building a value analysis programOur article lineup for this week is:

  1. DHL’s Scott Allison on the challenges of healthcare
  2. FDA issues draft guidance on pharma supply chain security
  3. Driving Compliance in Healthcare: Where Good Pitching Still Seems to Beat Great Hitting
  4. What’s Holding Back your Healthcare Organization’s Total Value Analysis Program and How to Fix It

#1: “DHL’s Scott Allison on the challenges of healthcare supply chain”

By Tom Wadlow for Supply Chain Digital

SpendVu’s thoughts: As Allison points out in this article, the opportunities for digitization in healthcare supply chain are everywhere. We are witnessing the large, lumbering giant that is American healthcare begin to take baby steps towards modernization. There is much to be learned from USA based companies, such as Amazon and Walmart, and foreign markets.

Article SynopsisScott Allison highlights three main challenges:

  1. Downward pressure on costs from an operational and regulatory perspective.
  2. Rising expectations of patients, fuelled by a greater understanding of medical issues and what can be offered – quality must rise while prices must fall.
  3. Developing more digitization that will assist with vendor-managed inventory solutions.

Read more at: http://www.supplychaindigital.com/scm/interview-dhls-scott-allison-challenges-healthcare-supply-chains

 

#2: “FDA issues draft guidance on pharma supply chain security”

By Mackenzie Bean

SpendVu’s thoughts: The FDA is collecting comments for 60 days after the publication in the Federal Register. I encourage any pharma supply chain experts out there to give due consideration to the draft and provide feedback.

Article SynopsisThe Drug Supply Chain Security Act of 2013 calls for the development of an electronic, interoperable system by 2023 to track prescription drugs as they are distributed across the supply chain.  The FDA will hold the first of three public meetings on the topic Thursday.

Read more at:  http://www.beckershospitalreview.com/supply-chain/fda-issues-draft-guidance-on-pharma-supply-chain-security.html

 

#3: “Driving Compliance in Healthcare: Where Good Pitching Still Seems to Beat Great Hitting” 

By Tom Finn

SpendVu’s thoughts: My This article is an interesting read as it touches upon the how and why a software vendor should be selected, something dear to me which I have outlined in one of my recent blogs here. As organizations start the shift from more or less complete GPO dependence to taking on in house sourcing, they should keep in mind the importance of collaboration within solutions.

Article SynopsisHospital systems ERP vendors have tried to fill ERP solution gaps. While compliance is a core SCM issue everywhere, it’s fresh to hospitals. Trending now is for hospitals to take core SCM pieces back — like contract compliance — with internal marketplace implementations. Many solution options are in question and should be explored in greater depth.

Read more at:  http://spendmatters.com/2017/08/24/driving-compliance-healthcare-good-pitching-still-seems-beat-great-hitting/

 

#4: “What’s Holding Back your Healthcare Organization’s Total Value Analysis Program and How to Fix It”

By Robert Yokl

SpendVu’s thoughts: I 100% agree with Yokl’s statement that Time, Organization Inertia, Staffing/Resources, and Management Buy-In make up a majority as to why a healthcare organization has not implemented what I like to call their Value Analysis Institute. Though, based on my experience as soon as you have Management Buy-In, the other reasons tend to disappear quickly.

Article SynopsisA list of touchpoints on how to build a Total Value Analysis Program that is sustainable, evidenced-based, and organization-wide with a repeatable VA process.  Key elements discussed include: Time, Organization Inertia, Staffing/Resources, and Management Buy-In

Read more at: http://www.svah-solutions.com/whats-holding-back-healthcare-organizations-total-value-analysis-program-fix/