If there is one positive from the pandemic, it’s that it has exposed opportunities for improvement in supply chain management. Healthcare leaders have faced a variety of challenges over the last several months from standing up virtual care programs to maintaining proper levels of PPE, ventilators, and medications. While patient safety remains a priority and is evidenced through limited visitors, enforcement of precautions, and more options for virtual care, supply chain optimization is advancing on the c-suite agenda and for good reason: Effective supply chain performance directly links to patient outcomes and clinical safety.
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The global Electronic Health Record (EHR) market is currently valued at $31.5 Billion and growing at 6% per year. According to KLAS research, Epic and Cerner dominate the market with a combined 85% market share among large, 500-bed U.S. hospitals.