Health Innovation Hub Ireland’s Post

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We're delighted that our recommendation for a model of value based procurement for medical devices has been featured in the Public Accounts Committee report into NHS Supply Chain. All too often the overall value of a product is overlooked compared to the costs of initial procurement, meaning vital factors such as longer-term savings, patient outcomes and savings for the economy are overlooked. #MedicalTechnology #NHSInnovation

✍ Seeing a recommendation you drafted get picked up in a Select Committee report is always nice!   In January, the House of Commons Public Accounts Committee, the select committee responsible for overseeing government expenditures and ensuring they are effective and honest, released an inquiry on the NHS Supply Chain, the organisation responsible for managing the sourcing, delivery and supply of healthcare products and services to the NHS.   The team and I supported the Medical Technology Group (MTG) with their response to the Committee’s Inquiry, speaking to the impact of the procurement of medical devices on patient access, the involvement of patients in decision making and the need for more holistic procurement mechanisms.   A few weeks back, the Public Accounts Committee published its inquiry report, and a recommendation from the Medical Technology Group has been cited for consideration from Government!   Now all eyes are on the Government’s response to the Report, due within the next two months. Full recommendation: "The Medical Technology Group (MTG) argued that the overall value of products is often overlooked by NHS Supply Chain compared to the costs of the initial procurement of the product. It noted that medical devices could provide the NHS with longer-term savings, as well as providing patients with better outcomes, which has a positive impact on patient lives and the economy as well as reducing engagement with health and care services. MTG recommended increased efforts within NHS Supply Chain to develop and deliver ‘Value-Based Procurement models’, capturing the whole system savings necessary for the NHS." (pg. 14) Committee Report: https://lnkd.in/exFsnuaQ #NHSEngland #NHSSupplyChain #Procurement #ValueBasedProcurement #MedTech #MedicalTechnology #Innovation

The third recommendation in 'Buying all-island in Healthcare - North and South', our cross-border report published this week focuses on Dynamic Purchasing System (DPS). A DPS allows qualified suppliers to join at any time, providing healthcare organisations with access to a wide range of products from multiple suppliers. Simplified documentation and standardised evaluation criteria enables a more efficient and competitive procurement process creating boundless efficiencies for secondary care. The DPS facilitates collaboration among hospitals within a group by providing a centralised platform for sharing information, pooling resources, and coordinating procurement efforts to address shared national priority needs.

Discover https://lnkd.in/dkerfnxV how Dragon Sourcing enhances supplier sourcing in the healthcare industry. From securing reliable suppliers to ensuring compliance with strict quality standards, our tailored procurement solutions help healthcare businesses reduce costs and improve efficiency. Unlock better sourcing for your healthcare needs today! #sourcing #sourcingstrategy #zakupy #zaopatrzenie #procurement #procurementstrategy #supplychain #globalsourcing #globalprocurement #globalsupplychain #productsourcing #strategicsourcing #blog #suppliersourcing #healthcareindustry

Efficiency is the key to a healthier healthcare supply chain. 🏥📈 At Grapevine, we go beyond just streamlining your medical supply chain. We pull your current contracts with suppliers, evaluate their performance, and negotiate new ones that offer you savings. By bringing healthcare suppliers under one platform, we simplify inventory control, cut procurement costs, and ensure your medical supplies are always on hand. With our efficient contract management, companies in the healthcare industry have saved billions. Let’s modernize your supply chain and pass those savings on to your patients. 💸 #supplychainmanagement #healthcareindustry #logisticsolutions #operationsmanagement #inventorycontrol #sourcingstrategy #vendorpartnerships #costefficiency #demandforecasting #healthcaresuppliers

When did you last review your Cleaning and Medical Consumables prices? In a recent benchmarking exercise for our clients we saw >25% saving. Contact us today to see how our experienced team of procurement professionals can help you save. We work with care providers all the time to deliver better buying solutions with integrity, fairness, and quality as our guiding principles. #BetterBuyingSolutions #MarrProcurement #savingswithintegrity https://hubs.li/Q02wNmxp0

🔥 JUST PUBLISHED! House of Commons Committee report ‘NHS SUPPLY CHAIN AND EFFICIENCIES IN PROCUREMENT' 🔎 Recommendations to UK Government. The Government has two months to respond. 1️⃣ NHS Supply Chain (NHSSC) is only achieving around 57% of market share (target was 80% by 2023-24) Recommendation- NHSSC should set out details for how and when it will get NHS to use NHSSC to meet 80% target spending on consumables & medical equipment 2️⃣ National Health Service England (NHSE) has been weak in oversight & support of NHSSC 👉 Recommendation- NHSE should set out how it will challenge & support NHSSC, particularly wrt. modernisation & transformation 3️⃣ NHSE does not challenge trusts as to why they do not buy more products through NHSSC 👉 Recommendation 3: NHSE needs to use systematic data to challenge trusts to buy through NHSSC 4️⃣ The way NHSSC has calculated and reported savings has caused confusion & mistrust 👉 Recommendation: After 1 year of new savings method, NHSE should assess whether trusts accept NHSSC savings reports. Calculating methods should be consistent 5️⃣ It will be several years before the NHS sees the benefits from NHSSC’s efforts to improve its business 👉 Recommendation: NHSSC should provide a clear, realistic road map & timetable for transformation & modernisation with resulting benefits. NHSSC should also examine whether the 8 year timetable should be reduced 6️⃣ NHSE & NHSSC have not convinced clinicians that they value the quality of products above price 👉 Recommendation: NHSE & NHSSC should set out how they will involve clinicians in purchasing choices to ensure that better patient care is considered alongside value & cost

💡 Let me illuminate some cost optimisation opportunities for those of you working in healthcare. 👉 Did you know we currently have €65 million in spend under review concerning medical supplies? Here’s how we optimise costs and increase value: ➡ We simplify procurement by eliminating unnecessary steps and vendors, reducing costs and accelerating decision-making. ➡ ERA Group works closely with existing suppliers to achieve lasting cost savings that impact both immediate and future budgets. ➡ Together with you, we carefully review supply expenses to uncover hidden opportunities for cost reduction and reassess the need for routine convenience tests. This is just one of eight categories in which we specialise to discover hidden costs and opportunities you might not immediately think of. Discover them all in our 2-page document about the healthcare sector. ✅ Would you like to discuss an Opportunity Assessment for your business? Make sure to get in touch with me at pdeclat@eragroup.com.

3 Simple Steps, That's all it takes! ☁️ Sign Up. 📋 Visit our website, and in just a few simple steps, sign up and tell us about your company to get immediate access to a wide range of medical supplies and vendors. Streamline. 🔄 Simplify your procurement process with our user-friendly platform, designed to bring your vendors to your fingertips. Save. 💰 Cut down on costs without compromising on quality. With Grapevine, you’ll enjoy saving a significant amount of time and money on all your medical supply procurement needs. #Grapevine #MedicalSupplies #Procurement #SaveTime #SaveMoney #Healthcare #Efficiency #SmartShopping