Healthcare facilities manage supply costs through various strategies:
- Bulk Purchasing: Buying in bulk can reduce the cost per unit of supplies. Many facilities enter into contracts with suppliers to get better rates. - Inventory Management Systems: These systems track usage and stock levels to prevent overstocking or stockouts. Efficient inventory management helps in keeping costs under control. - Standardization: Using a standard set of supplies across the facility can simplify procurement and reduce costs. - Supplier Negotiations: Regular negotiations with suppliers can lead to discounts and better terms.
