The MIT SMR Report: Reinventing Procurement: From Cost Center to Innovation Drive

Today, hospital and health system leaders are navigating workforce changes and tighter margins, along with more frequent supply shortages, product backlogs and price fluctuations. Health care organizations must be creative and resilient with their purchasing and supply chain management strategies, leveraging tools and technologies that enable greater efficiencies and prevent disruption to hospital operations and patient care. This executive dialogue explores how health care executives are optimizing supply chain processes to improve affordability while maintaining patient care excellence.