The Most Important Trends Affecting Healthcare Logistics ManagementFrank Bennett - January 18, 2022
Constantly shifting requirements in the healthcare industry force healthcare logistics managers to stay one step ahead of their counterparts on the front lines.
It can be extremely beneficial to have a keen eye for emerging fashion trends. Some of the most significant trends that have shaped the industry in recent years—trends that we expect to continue into 2021 and beyond—are listed below.
The concepts of value-based care and cost management are both essential for understanding the current state of health care.
It will become increasingly important as more healthcare organizations transition away from the traditional fee-for-service reimbursement model and toward a value-based care model that links reimbursement to the quality of care provided, as previously stated. While value-based care is ultimately beneficial to end users, or patients, bankrupt hospitals and clinics are of no assistance to any of the parties involved in the value-based care initiative because they are no longer in operation.
Often, when it comes to logistics data, there is a gold mine of potential savings opportunities waiting to be discovered. Healthcare organizations must employ analytics tools and ensure that their data is free of blind spots in order to reap the benefits of these potential advantages. It is much easier for healthcare logistics managers to identify and eliminate waste when they have a comprehensive picture of their spending. This helps them to be more efficient.
Visibility, command and control, and more command and control are all important considerations.
Businesses in the healthcare industry rely on the integrity of their products to be successful. In the pharmaceutical supply chain, any change in the temperature of a temperature-controlled truck, no matter how insignificant, can cause a drug to lose its effectiveness—or even cause it to become lethal—if it is not properly maintained. Depending on the circumstances, the discarding of drugs and therapies can result in thousands of dollars in wasted resources at the very least, or even millions of dollars in wasted resources. If the problem is not addressed, it is possible that lives will be put in danger.
As a result of this challenge, there is an increasing demand for dependable, real-time tracking and monitoring solutions, which are necessary to ensure that safety protocols are followed. It seems like every year, the number of pharmaceutical products requiring cold-chain and even cryogenic conditions grows, thereby increasing demand for such conditions in the future.
Technology advancements, on the other hand, are making attaining total visibility more feasible in the not-too distant future. Instead of a logistics manager having to call a driver for updates in the past, today vast amounts of data can be transmitted digitally in a matter of seconds—and the technology will only continue to improve in the future.
An individual’s ability to remain resilient and adaptable in the face of adversity.
In light of recent events, it has become clear that incorporating flexibility into healthcare supply chains is critical in order to improve their overall resilience and, as a result, their overall efficacy. Several supply chains were disrupted as a result of the global pandemic, which had an impact on the delivery of everything from pharmaceuticals to personal protective equipment. The fact is that delays are unwelcome in any industry, but in the healthcare industry they are especially dangerous because they can put lives in danger by delaying treatment. It is therefore critical for supply chain managers to find quick solutions to problems when the worst case scenario occurs.
Even after the current crisis has passed, the ability to adapt will continue to be critical for survival in the long run. Despite efforts to mitigate their effects, climate change, terrorist attacks, and geopolitical conflict continue to cause disruption in the logistics industry. This is exacerbated by the challenge of ever-increasing shipping costs, which makes it even more difficult to compete. In the event that a stumbling block appears on the road ahead, health care supply chain managers now have the tools they need to proactively evaluate their vulnerabilities and identify alternative solutions, allowing them to make quick decisions.
Now is the time to take advantage of healthcare logistics solutions for a volatile global environment.
The healthcare logistics companies have been assisting leading healthcare organizations in streamlining and optimizing their supply chain operations for more than two decades. And as a result, we are intimately acquainted with the challenges and opportunities that the industry is currently facing. The most recent industry developments and emerging trends are closely monitored, and we keep a close eye on them to ensure that we can continue to provide the solutions our clients require—at the exact moment they require them—in the future.