Supply Chain By the Numbers

Facts and figures that highlight key supply chain trends.

BY JOHN STRONG, CHIEF CONSULTING OFFICER & CO-FOUNDER, ACCESS STRATEGY PARTNERS INC

Supply, Purchased Services Costs Increase Dramatically

21.9% increase in supply expense (not including purchased services or pharmaceuticals) for hospitals from September 2021 to September 2022.1 During this same period, Kaufman Hall reports that purchased services expenses increased 16.2% .

Hospitals have faced a $11,950 supply cost increase per bed in 2022.2 This amounts to an average increase in supply expense of about $330 per admission, and a 6.2% increase per discharge.

19% The cost decrease for patients treated at home versus an inpatient hospital setting.3

24 hospitals and health systems launched innovation centers in 2021.4 How are suppliers and supply chain going to participate?

By 2030, more than 50% of joint replacements will be performed in ambulatory Surgery Centers (ASCs)5. 21% of the typical ASC is presently for orthopedic procedures.6

0

The number of container ships waiting to dock at the Port of Los Angeles on December 2, 2022.

The number of supply shortages are now roughly 5x the number in 2019, according to a recent Premier, Inc. study.

5.8%

The decrease in quarterly active drug shortages between Q1 2019 and Q3 2022.7 (276 vs. 260).

Hospitals and Health Systems joining the Health Sector Climate Pledge has reached 1,000 . Meanwhile, 71% of healthcare environmental emissions come from supply chain related activities, according to Greenhealth Exchange.

1 Kaufman Hall “National Hospital Flash Report”, September, 2022

2 Computed from Kaufman Hall Op. Cit. and American Hospital Association Data.

3 American Journal of Managed Care, 2021