Strategic savings. As supply costs climb, hospitals rethink their purchasing strategies.
Surging prices for supplies are intensifying the pressure on hospitals already reeling from skyrocketing liability, staffing and technology costs. The prices for certain supplies far outstrip general inflation and, executives say, could undermine the financial viability of some service lines. That's forcing some hospitals to rethink their purchasing strategies.
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D003659:Decision Making, Organizational; D004389:Durable Medical Equipment / Q000191:economics; D004865:Equipment and Supplies, Hospital / Q000191:economics*; D018578:Hospital-Physician Relations; D006801:Humans; D008505:Medical Staff, Hospital; D009983:Orthopedic Equipment / Q000191:economics; D019736:Prostheses and Implants / Q000191:economics; D011682:Purchasing, Hospital / Q000191:economics / Q000379:methods*; D015607:Stents / Q000191:economics; D013903:Thoracic Surgery / Q000295:instrumentation; D014481:United States