Strategic supply chain management involves sourcing, distribution, logistics, and clinical integration to reduce waste and unnecessary variation.

In this episode, Dr. Jimmy Chung, the Chief Medical Officer at Advantus Health Partners, discusses the significant waste he observed in operating rooms and how it motivated him to focus on optimizing resource utilization. He explains the critical role of the supply chain in reducing costs and improving patient outcomes, emphasizing its strategic importance in the financial health of hospitals. Throughout this interview, Dr. Chung highlights the innovative approach of his company, which partners with select industry giants to streamline supply chain processes and maximize value. He uses Costco's analogy to illustrate how limiting choices can lead to greater efficiency and cost savings and challenges leaders to engage in clinical discussions to enhance healthcare value. 

Tune in and learn how innovative supply chain strategies can transform healthcare delivery and financial sustainability!