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The New Supply Chain

Having all but exhausted cost savings opportunities in low-tech supplies and generics, leading national hospital groups are turning to physician-preferred items such as cardiovascular devices and orthopedic implants. But they're doing so in clinically-driven programs that embrace physicians' love for technology and otherwise turn traditional group purchasing on its head.

by David Cassak

National hospital purchasing groups have always lived by Pareto's rule: focusing on high volume supplies for large numbers of customers, they've sought to capture 80% of the hospital product marketplace...

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