AI-led supply chain modernization: A must for patient care and improved business margins in hospitals – ET HealthWorld

AI-led supply chain modernization: A must for patient care and improved business margins in hospitals – ET HealthWorld

by Nidhi Jain Hospitals often come under reduced margins for inefficiently managing their medical and consumable supplies and spending too much on inventory. Typically, a hospital spends 30% of its cost on various supplies, drugs, consumables, injectables, implants, films, and reagents. This is primarily due to the hospital clinical order system, inventory system, and supply … Read more