Mainspring.Solutions

In recent years, supply costs have been the mitigation target of many healthcare institutions. Opposed to more fixed costs such as overhead and labor, supplies are rather discretionary and has less impact on outcomes, and thus, patient satisfaction. The Association for Healthcare Resource & Materials Management is now predicting that supply costs will surpass labor as the largest expense in hospitals in only 3 years. Though there are many initiatives and groups that help redu

Odds are that by this point, you've at least heard the term 'blockchain' used; but what exactly is it, how can it be implemented into various industries, and how can it become a staple in healthcare management? Moore’s Law states that the processing power and capabilities of computers double every two years. This demonstrates that in technology and business, companies must always be aware of new competition and emerging technology that could render them obsolete. In considera

If you are in the healthcare industry and are involved in the purchasing process, odds are you have heard of a GPO. Group Purchasing Organizations are entities used to leverage the purchasing power of a group of businesses to provide the best prices to their clients. The first healthcare GPO was created in the early 1900s to assist in a New York hospital system's buying needs. Since then, many GPO companies have formed to assist in promoting quality healthcare relief and help