Dear Partners and Prospects:
What follows is our “state of the nation” update —a view of our solution market as we wrap up what has proven to be a breakout year for us:
Even among the best, health system operating margins will continue to decline in 2019, forcing CEO’s and CFO’s to continue to drive SCM leadership to find additional supply chain savings. Interestingly, this “savings charge” seems to fly in the face of recent trends that have placed less emphasis on supplier rationalization and related sourcing strategies. In fact, we’re finding that health systems are adding diversity to their supply chains with a good portion believing that price compression has largely occurred across many meaningful categories of spend.
So, are we talking about some sort of reversal here? READ FULL REVIEW