Henry Ford Health Leverages Data to Control Supply Expenses
Detroit-based non-profit Henry Ford Health has successfully reduced its supply expenses, despite ongoing inflation concerns for hospitals. The health system collaborated with group purchasing organization Premier to analyze data and identify supply categories unaffected by inflation, leading to more effective negotiations for lower prices. The use of data and analytics has enabled Henry Ford to make progress in various operational metrics, contributing to its overall cost management and efficiency goals.
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Detroit-based non-profit Henry Ford Health has successfully reduced its supply expenses, despite ongoing inflation concerns for hospitals.
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