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How the COVID Crisis Cracked Open Healthcare Supply Chain Flaws and What to Do About It

The COVID-19 pandemic made it clear how important establishing a solid healthcare supply chain is to maintaining health and safety. Recently, healthcare leaders pointed out in a congressional hearing that the U.S. healthcare system’s got some major issues, like running out of essential supplies, messing up the distribution of protective gear, and depending way…

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The COVID-19 pandemic made it clear how important establishing a solid healthcare supply chain is to maintaining health and safety. Recently, healthcare leaders pointed out in a congressional hearing that the U.S. healthcare system’s got some major issues, like running out of essential supplies, messing up the distribution of protective gear, and depending way too much on equipment made overseas. And it’s not just messing up our response to the pandemic, but also making the entire healthcare system less effective.

But there’s a light at the end of the tunnel. Experts reckon that things can change if the government steps up its game in managing supplies and reduces our reliance on foreign goods. Plus, moving to a payment system that values quality of care over quantity could help hospitals deal with money troubles and supply shortages. Groups like TPC are already stepping in by managing supplies and working with hospitals and suppliers. It’s a good example of the importance of finding smarter, collaborative solutions to beef up the healthcare supply chain.

Video TranscriptExpand ↓

Maintaining adequate reserves of medical supplies is still a leading concern for healthcare organizations in the wake of the COVID nineteen pandemic. Testimony at a recent congressional hearing confirmed the challenge still facing the health care industry with experts pointing to shortages in the strategic national stockpile, failed efforts from multiple agencies to coordinate access to PPE, and the effect of these shortcomings on a general worsening of the efficacy of American health care during the pandemic. So to address these challenges, experts recommended that the government engage in renewed efforts to better distribute inventory and to protect the US supply chain from a reliance on foreign products and a lack of diversity in manufacturers. And further, a shift to value based payment systems could help hospitals overcome financial issues and supply shortages as well. During this time, TPC supported partners by coordinating with suppliers and between hospitals to optimize the allocation of limited protective resources. So to learn more about TPC's role in the future of healthcare and the supply chain, make sure to contact us today.

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