Tips

Before the pandemic, experts estimated that 15% of supplier invoices to hospitals had billing errors. Now, on the other side of the pandemic, some estimate this error rate has doubled. Reasons? Your hospital is likel ...

Inflation has been all over the news for months. Materials, labor, and shipping have been driving up supplier costs for years. Now, interest rate hikes are adding to the pressure to increase prices. As costs rise for ...

China continues to wrestle with Covid. The war in Ukraine continues to limit the access to critical raw materials - including lithium, which has exacerbated the global shortage of batteries. And hospitals are seeing hig ...

This New Year’s, nothing is certain. Welcome to the "tripledemic." Despite forecasts that predicted a return to more normal market conditions heading into 2023, an international surge in Covid cases, particularly in ...

It's not too late. The year is almost over. But there is still time to save money for your hospital. Here are three ways to maximize savings on equipment lifecycle costs going into 2023. 1. Commit now; d ...

In today’s medical equipment market, the one thing you can be sure of is volatility. Products are complicated; the slightest changes mean new model numbers, new pricing structures, and new service costs. Materials, prod ...

Two and a half years into the pandemic, hospitals have become skilled at managing supply chain disruptions. A market alert sent last week communicated recent global events that are likely to prolong disruptions. Here ...

Sometimes there aren’t any competitive options for specialty medical and lab equipment. Suppliers are often trained to scoff at “inferior” alternatives, and assume you’ll buy from them regardless of price. What do you d ...

You know what equipment your hospital needs. And the make and model your doctors prefer. Now you need to figure out how to negotiate the best price, service coverage and terms. Don’t overlook competition as a key lever ...

With medical equipment supply chain issues not going away, be sure to address the real issue: new equipment might simply not be available. Used equipment might be the only way to get the make and model you want.  ...