Premier Breakthroughs: Mergers and Acquisitions: Supply Chain Operational Integration
June 19 @ 3:00 pm - 4:00 pm UTC-5
When healthcare facilities and hospitals merge or acquire other organizations, integrating the organizations is a top priority to realize operational and financial benefit. As supply chain typically represents over 40% of organizational spend, integration in this area is vital
All Aboard: Supply Chain Operational Integration
Mergers and acquisitions create fiscal pressure, operational challenges, and technology questions, all leading to an environment ripe for supply chain opportunity. When healthcare facilities and hospitals merge or acquire other organizations, integrating the organizations is a top priority to realize operational and financial benefit. As supply chain typically represents over 40% of organizational spend, integration in this area is vital. Contract and spend integration is not fully achievable without its operational counterparts. Integrating established supply chain operations requires vision, planning, strategy, and a structured roadmap all incorporating the Cost, Quality, Outcomes vision and all SCM functional areas – with a focus on People, Process, Technology, and Data.
Kaleida Health, the largest provider in Western New York was faced with integrating its affiliate organizations (Upper Alleghany Health System, TLC Health Network, Cuba Memorial Hospital, Brooks Memorial Hospital, and Erie County Medical Center), with its operational supply chain functions – including Value Analysis, Purchasing, Contracting/Sourcing, Data Management and the associated technology. Creating an efficient and effective model for short and long term sustainability was key. Supply chain integration is an opportunity for organizational transformation, and this presentation will review Kaleida’s journey, and the successfully strategies used to drive success and the integration roadmap.
- Understand a transformational approach to integrating supply chain management function to drive a clinically integrated and agile organization.
- Develop the change management practices required to address organizational redesign and cultural shifts that must occur.
- Utilize data and a structured approach to integrating complex organizational aspects – contracting, value analysis, and its associated technology/ data.