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Predictive analytics and the use of data for informed decision making top the opportunities in 2017 identified by some of the leading supply chain provider organizations in North America. The results are based on a survey conducted by Global Healthcare Exchange, LLC (GHX) with its Best 50 provider organizations on priorities and outcomes for the healthcare supply chain in 2017.

The survey also revealed that top performing supply chain organizations will look to improve price accuracy between supplier and provider partners as well as standardize business processes and data across the organization. The following areas were identified as among the top healthcare supply chain initiatives planned for 2017:

  • Standardization: for physician preference items (PPI) and across all clinical areas; reduction in manual processes and paper transactions; process excellence for operational management; of value analysis process to increase clinical value-add for patient outcomes;
  • Contract Management: implementation of contract management system; improve contract compliance; higher contract penetration;
  • Data Management and Analysis: better analysis of supply chain costs; master data management; leverage data and analytics; data accuracy;
  • Optimization and Cost Reduction: ERP functionality; supply cost reduction; elimination of product proliferation and reduce warehouse items; reduction of special order.

“Predictive analytics and the use of data for informed decision-making top the opportunities in 2017 identified by some of the leading supply chain provider organizations in North America. The results are based on a survey conducted Global Healthcare Exchange LLC (GHX) with its Best 50 provider organizations on priorities and outcomes for the healthcare supply chain in 2017. The survey also revealed that top performing supply chain organizations will look to improve price accuracy between supplier and provider partners as well as standardize business processes and data across the organization.”

For more, visit http://ghx.com/newsroomevents/news-releases/2017/survey-reveals-predictive-analytics-top-2017-priority/