Optimizing Supply Chain Management | Market Report

Valuable Insights from Healthcare Leaders

Sage Growth Partners (SGP) recently conducted a survey of 100 healthcare C-suite and supply chain leaders on our behalf to learn how healthcare leaders responsible for supply chain management view its potential value; what their priorities, existing capabilities and challenges are; and what solutions they use to analyze and manage their supply chain costs.

Supply Chain Top of Mind for Executives

CEOs’ chief concerns have shifted from driving more revenue in 2017 to cutting costs in 2018,¹ and as supply chain costs begin surpassing labor costs by 2020,² healthcare executives can no longer afford to ignore opportunities to optimize supply chain management. Download Market Report

Better Supply Chain Management Can Improve Margins

52% say better supply chain management can increase margins by at least 1 to 3%. To put this in perspective, a hospital with $900 million in revenues and a 1% margin of $9 million could gain between $9M and $27M by improving its supply chain performance. See the Statistics

Download the Sage Report for More Key Findings Including

ROI from Supply Chain Analytics
Impact on Cost and Quality
Platform vs. Best-of-Breed
Competing Priorities
Tracking OR costs

Industry Reception to the Sage Report

B2B EC World “Hospitals grasp at the cost benefits of digital supply chains”
Becker’s Hospital Review “Where does supply chain fall among hospital leaders’ operational priorities?”
Fierce Healthcare “Hospital leaders see clear ROI for supply chain analytics, but most use outdated processes”
HIT Consulting “Data: The Foundation For Collaborative Leadership To Deliver High-Value Care”
Healthcare Finance “Nearly all hospital leaders say supply chain optimization improves margins, survey shows”
Healthcare Dive “More than half of hospital leaders see supply chain improvement as path to higher margins”
Healthcare Dive “Health systems stepping up investment in analytics, survey shows”
HIT Infrastructure “Hospitals Still Using Manual Processes for Supply Chain Management”
Healthcare IT News “Half of hospitals still managing supply chain data manually, if at all”
Healthcare Leaders “Changes to Supply Chain can Boost Margins by 3%”
Managed Healthcare Executive “Most Hospitals Miss Out on Millions in Supply Chain Management Savings”
PYMNTS “Supply Chain Management’s Impact On Hospitals’ Financial Health”
PYMNTS “Report: Supply Chain Analytics Revamp Could Boost Hospital Margins”
Revcycle Intelligence “98% of Hospital Leaders Say Supply Chain Optimization Ups Margins”
SDC Executive “Half of Hospitals Manage Supply Chain Data Manually”
Spend Matters “Hospitals Still Way Behind on Supply Chain Analytics”

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