Shaving Cost in Your 2024 Budget: Time to Innovate Indirect Spend in Healthcare
A Conversation with Mark Van Sumeren
LinkedIn: Mark Van Sumeren
X: @LogicSource
Mark Van Sumeren is the General Manager of the LogicSource healthcare practice. He also serves on the board of Crown Healthcare Laundry Inc. and as Non-Executive Chairman of Tri-Imaging Solutions, Inc.
Mark has over forty years of experience in strategy, operations, and supply chain in healthcare. He previously served as Chief Strategist and Business Intelligence Officer for Owens & Minor, Inc.; as a Partner in the healthcare consulting practice at Ernst & Young; and as a Management Engineer at the Detroit Medical Center.
Listen to the Conversation
5 Takeaways
- Healthcare supply chain is uniquely primed for innovation, especially indirect spending as it is highly vulnerable to the post-Covid economic landscape and inflation.
- Supply chain data is particularly powerful for operational and cost improvements when benchmarked against other industries as well as local and regional best practices.
- Creative procurement for indirect spend can provide a unique and high-impact opportunity to improve the patient experience and clinical experience.
- GPOs play an important role in the healthcare supply chain, but GPOs don’t have all the answers for procurement beyond clinical services like indirect spend and a low-cost national contract model.
- Health systems are already urgently trying to address profitability, and the good news is that there is innovation that can help relieve some pressure.
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FINN Voices amplifies the power of health innovation to improve people’s lives. Hosted by health experts from FINN Partners, each episode offers a peek behind the curtain of innovation with healthcare’s leading changemakers. We talk about their ideas and challenges along the way; continually shaping critical conversations and answering the most important questions in healthcare today. Follow the show’s hashtag #FINNvoices.
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