Many hospitals don’t realize just how much they are/may be overpaying for medical equipment purchases and service contracts. This can adversely impact each hospital’s bottom line for many years – five, seven, ten – or ev ...
Read MoreWhen Gain Exceeds the Pain: The Power of Information to Catalyze Change
An aging population, rising health insurance premiums, downward pressure on reimbursements — all these forces and more are contributing to a “change needed” environment and mindset for nearly every U.S. hospital and heal ...
Read MoreMarch Madness and the Power of Information, Part 2
As the annual sports ritual known as “March Madness” begins, we were reminded of a blog post we wrote last year at this time that highlighted the power of the right information when it comes to placing bets, and the diff ...
Read More3 Best Practices for Gaining Leverage in Your Capital Medical Equipment Negotiations
When it comes to capital medical equipment negotiations, there isn't a level playing field. Medical equipment sales teams are best-in class-experts; one could compare them to Olympic athletes, world-class musicians or ...
Read MoreHow Calling the Right Play Can Help Hospitals Win Against Strong Financial Challenges
The need for hospitals to accelerate efforts to bend their costs curve down is getting stronger and more immediate. In fact, results from the annual American College of Healthcare Executives’ (ACHE) survey are in and for ...
Read MoreThe Cost Containment Imperative for 2018: Is There a Silver Bullet?
There’s a common thread that runs through most published predictions regarding this year’s healthcare environment: 2018 promises to be an even more challenging year for hospitals. Experts predict that the pressures hospi ...
Read MoreTop Insights from the Miga Blog
It’s the beginning of the new year, and in 2018 we’ll continue to publish educational articles, posts and content that share insights to help hospitals reduce their medical equipment lifecycle costs. As we begin working ...
Read MoreFind Hidden Savings in an Unexpected Place: Underutilized Medical Equipment
As clinical technology continues to advance, medical equipment can quickly become outdated and require replacement. What many hospitals don’t realize however is that their continued investment in new equipment often resu ...
Read MoreEvolving Your Cost Cutting Initiatives to Drive Long-Term Sustainability
For many hospitals today, the question is no longer just how to improve margins; it's how to craft a financial strategy for long-term viability. I don't know when exactly it happened, but it's clear that at some point r ...
Read MoreMCAHRMM Fall Conference Recap: How Supply Chain Management Can Transform Hospital Equipment Costs
Last week the Miga team continued our speaking series on “navigating the storm” facing the healthcare industry at the Minnesota Chapter of the Association for Healthcare and Materials Management (MCAHRMM) conference. ...
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