March 27, 2024- What will it take to have a more secure, and less disrupted, healthcare supply chain? In a recent conversation with The Journal of Healthcare Contracting, several supply chain leaders discussed a variety of topics including sustainability, supply assurance and the importance of nearshore manufacturing. Participating in the discussion were:
Tim Bugg, CMRP, President & CEO, Capstone Health Alliance
Allen Passerallo, Former supply chain leader at Johns Hopkins Health System, current Vice President Category Management, Vizient
Mark Welch, Sr. Vice President, Novant Health
John Wood, Chief Executive Officer, Encompass Group, LLC
Allen Passerallo: We evaluate suppliers as best we can, especially within warehousing and the ability to fill their orders. We measure their ability to meet our demands and take that into consideration for our penalty language in our contracts and agreements as well as future strategies when awarding multiple suppliers.
If it’s a category that is frequently disrupted and the players come from the same geographical area, it requires us to diversify. Ensuring we have a sustainable operation requires supply assurance.
When we’re managing cost structure with clinicians and trying to standardize and reduce variation for a lower price point, but they’re bringing up their preference and want to have more suppliers to support future patient treatment, it’s challenging. We don’t have anybody to pass the cost on to.
Read More in the latest issue of JHC Magazine.