MCAHRMM 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.

Miga CEO Peter Robson addressed the audience of supply chain professionals with a message of empowerment. Despite the “storminess” and uncertainty surrounding healthcare reimbursements, supply chain leaders can make meaningful changes that reduce healthcare equipment spend and help their hospitals navigate toward dry land.

Here are three practical strategies from our session:

Learn a new language.

Sometimes supply chain professionals feel like they’re speaking a different language than other departments at the hospital. Get on the same page by using a common vocabulary based on revenue and costs.

Plan for contingencies.

Supply chain groups are being asked to do more with less to cope with change and uncertainty. Be proactive in helping your hospital build contingencies into your plans.

Communicate results.

Don’t be shy about communicating the results of the work you do. You’re doing important work that has many benefits for your hospital.

Feel free to download our complete slide deck from MCAHRMM here.

We want to thank MCAHRMM and Hotel Metro for hosting such a great educational event. The Miga team had a wonderful time and looks forward to the annual AHRMM conference!

Know the right price.

And get it.

Having the right information saves hospitals time and money on medical equipment lifecycle costs.

Matt Werder

Chief Technology Officer

Hennepin County Medical Center

“Miga’s data is key to helping us be good financial stewards and validates we are using our resources wisely. The market intelligence provided by Miga’s EVMS platform has allowed us to save substantial amounts of money.”

Matt Blashill

Enterprise Director of Supply Chain

Lake Region Healthcare

"There’s a personal touch that sets Miga apart from their competitors. They don’t just offer great insights. They always take the time to provide additional analysis that is meaningful and actionable."

Dan Bazinet

Director of Clinical Engineering

Southcoast Health

“In all my years in health care, I’ve used a lot of benchmarking tools. Most simply repeat information passed along from others; Miga’s information tells me what’s really happening.”

COO

Community Hospital

"Miga's negotiating skills save us time and money. And their unique understanding of the market means we’re always playing from a position of strength."

Supply Chain Director

Regional Healthcare System

“All suppliers claim to have excellent customer service. Miga actually walks the talk and always has our best interest at heart. We love working with them."

Dr. John Wilson

Physician

Mayo Clinic, Department of Medicine

Program in Underserved Global Health

"Miga’s ability to match equipment donated by their customers with the needs of our medical projects has been a most valuable and welcomed resource."

Jim Tierney

CEO

Suburban Radiology

“Miga’s data, analysis and expertise – in particular related to the fair market value of clinical equipment – is a critical resource we need to support strategic acquisitions, divestitures and joint ventures.”

Eric Hoag

Director, Corporate Strategy & Development

Allina Hospitals and Clinics

“Miga’s proprietary data and expertise was critical to our ability to close an acquisition deal quickly and with a high level of confidence in our valuation.”

Bill Barta

Corporate Director, System Imaging

Fairview Health Systems

“Miga’s objective information-based approach and understanding of the needs of hospitals makes them a valuable resource and helps us make the most cost effective spending decisions.”

Scott Bosch

Manager of Clinical Engineering

Park Nicollet Health Services

“The groups responsible for managing technology in our healthcare organization need data and analysis to manage costs and make informed decisions. Miga’s EVMS platform is an important and valuable resource that helps us make the right decisions for both our clinical priorities and budget.”

Miga Solutions is an information services company, helping leading hospitals reduce medical equipment and IT costs since 2004. Our EVMS Benchmarking 2.0® platform enables hospitals to benchmark using better data, find more savings, and make better spending decisions across the medical equipment lifecycle. Coupled with unparalleled marketplace expertise, our solutions bring our clients to the lowest possible total cost of ownership.

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