Syft Media Coverage Archive

  1. Five Ways to Overcome Resistance to Optimizing the Supply Chain

    From Supply Chain Strategies Solutions Magazine (AHRS) A typical hospital can save $11M or 17.7% per year by optimizing supply chain management (SCM). With data so compelling and the cost of inaction so high, it’s puzzling why our recent survey found that only 19% of hospitals have adopted specialized SCM solutions.”

  2. How AI in Healthcare Supply Chain Management (SCM) Can Cut Costs

    From SpendMatters Artificial intelligence has the potential to transform the healthcare industry in monumental ways. Far from having computers make decisions about diagnosis or treatment options, however, many advancements on the horizon deal with the more mundane aspects of managing healthcare facilities and professionals that impact one of the biggest challenges in modern medicine — cost control.

  3. Use Artificial Intelligence to Transform the Hospital Supply Chain

    By Kishore Bala, Syft CTO First came the promises and hype about artificial intelligence (AI) in healthcare. Then came its practical application in select areas such as imaging and population health. Now, machine learning (ML), a type of AI in which algorithms are continually refined as additional data makes them more predictive, is taking hold in supply chain management.

  4. Most Hospitals Miss Out on Millions in Supply Chain Management Savings

    by Todd Plesko, Syft CEO Hospitals can’t afford to overlook cost-savings opportunities, yet many are failing to make supply chain management improvements that could save them millions. That’s according to a recent survey of 100 healthcare executives and supply chain leaders by Sage Growth Partners on behalf of Syft.

  5. Hospitals Still Using Manual Processes for Supply Chain Management

    From HIT Infrastructure Close to half of hospitals use manual processes like spreadsheets to manage supply chain data, according to a survey of 100 hospital leaders. Thirty-seven percent of respondents said they use Excel or other Microsoft tools to track margins per case for operating room (OR) procedures, according to the poll conducted by Sage Growth Partners on behalf of supply chain management vendor Syft.

  6. Nearly All Hospital Leaders Say Supply Chain Optimization Improves Margins, Survey Shows

    From Healthcare Finance Ask a hospital leader if supply chain optimization improves margins, and you're likely to get "yes" as an an answer. In fact, according to a new survey from Sage Growth Partners, almost all of them -- 98 percent -- say improving the revenue cycle can lead to improved finances.

  7. 98% of Hospital Leaders Say Supply Chain Optimization Ups Margins

    From RevCycle Intelligence Almost all hospital leaders in a new survey conducted by Sage Growth Partners (98 percent) said supply chain optimization can improve hospital margins. About 52 percent report better management could increase margins between one and three percent and 35 percent believe margins could increase over three percent.

  8. Where Does Supply Chain Fall Among Hospital Leaders' Operational Priorities?

    From Beckers Hospital Review Hospital leaders see improving supply chain management as a way to counter rapidly declining margins, a new survey conducted by Sage Growth Partners suggests. For the survey, Sage Growth Partners, asked 100 healthcare C-suite and supply chain leaders about their health system's supply chain initiatives.

  9. More Than Half of Hospital Leaders See Supply Chain Improvement as Path to Higher Margins

    From Healthcare Dive Nearly all of the 100 healthcare C-suite and supply chain leaders said SCM is a medium (33%) or high (65%) operational investment priority, but only 13% claim it as their highest priority, according to the survey conducted by Sage Growth Partners for SCM vendor Syft.