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Mark Van Sumeren, Managing Director at Health Industry Advisor, discusses the perfect storm facing healthcare: tariffs increasing costs, Medicare demands growing with the aging population, and critical workforce shortages.
• Tariffs on medical supplies and devices creating immediate cost pressures with no easy way to offset them
• By 2029, all baby boomers will qualify for Medicare, driving unprecedented demand for healthcare services
• 60% of healthcare revenue comes from Medicare and Medicaid, with reimbursement rates that don't cover costs
• Healthcare organizations showing a bifurcation - some maintaining slim margins while others operate at losses
• Cleveland Clinic's daily huddle system creates organizational alignment and rapid problem-solving
• Effective supplier collaboration requires transparency about financial needs tied to mission fulfillment
• Decision-making in healthcare remains glacially slow compared to other industries
• Organizations must "break the rules" rather than continuing strategies that haven't worked
• Rural communities face the greatest risk of losing healthcare access entirely
Subscribe and connect with us online where you can find all of our episodes.
https://takingthesupplychainpulse.buzzsprout.com
If you want to be a guest on the show, reach out to Fred directly at [email protected].
Send us a text
Mark Van Sumeren, Managing Director at Health Industry Advisor, discusses the perfect storm facing healthcare: tariffs increasing costs, Medicare demands growing with the aging population, and critical workforce shortages.
• Tariffs on medical supplies and devices creating immediate cost pressures with no easy way to offset them
• By 2029, all baby boomers will qualify for Medicare, driving unprecedented demand for healthcare services
• 60% of healthcare revenue comes from Medicare and Medicaid, with reimbursement rates that don't cover costs
• Healthcare organizations showing a bifurcation - some maintaining slim margins while others operate at losses
• Cleveland Clinic's daily huddle system creates organizational alignment and rapid problem-solving
• Effective supplier collaboration requires transparency about financial needs tied to mission fulfillment
• Decision-making in healthcare remains glacially slow compared to other industries
• Organizations must "break the rules" rather than continuing strategies that haven't worked
• Rural communities face the greatest risk of losing healthcare access entirely
Subscribe and connect with us online where you can find all of our episodes.
https://takingthesupplychainpulse.buzzsprout.com
If you want to be a guest on the show, reach out to Fred directly at [email protected].
Send us a text