Embracing the 'Costco Model' for Improved Value and Quality of Health Care

Health & SafetyBehind the WheelCustomer RelationsHigh Tech / High Touch
Written By Jennifer Joslyn
A yellow stethoscope and a paper red heart.

Photo by Karolina Grabowska/Pexels

The healthcare supply chain's vast array of product options is becoming a challenge for health systems, driving up costs and reducing economies of scale. Adopting a "Costco model," with a limited selection from proven manufacturers that prioritize quality, could help reduce expenses while enhancing care. Standardizing supplies, having tough conversations around supply standardization, and prioritizing vendor reliability are key considerations in achieving market-standard value for healthcare supplies and optimizing outcomes for patients and healthcare workers.

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Jennifer Joslyn
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