The U.S. spends more on healthcare than any other nation on Earth, but our institutions and providers are still struggling to keep the doors open. Providing excellent healthcare is expensive, and while many private insurance plans reimburse more than enough to cover the costs, increasingly Medicare and Medicaid are footing the bill for care and their reimbursement rates are not even enough to cover the cost of care.
Hospitals in particular are struggling to make ends meet with razor thin profit margins, and while they can’t cut back on the level of care they can cut back on supplies and unnecessary items. Learn more about streamlining the hospital supply chain below!
The Growing Cost of Healthcare: