Negative margins and Supply Chain challenges continue to plague healthcare organizations. Broad, non-labor assets (supplies, drugs, and purchased services) may not be fully understood or optimized. Our Non-Labor/Supply Chain professionals can advise and develop customized, operational improvement and tactical expense reduction solutions, including the use of levers such as price reduction, utilization reduction and waste reduction, among others.
At this pivotal time for healthcare Supply Chain, staff burnout/fatigue and under-sourcing has hampered the ability to realize the full potential of many hospital Supply Chain functions. Our experts can help organizations identify, deliver, educate, and coach respective stakeholders to achieve significant financial and operational improvements in all facets of medical supplies, drugs, and purchased services.
Rely on us for help with:
| Supply Chain |
|
Supply Chain Operations Improvement |
| |
|
|
- Identification and implementation of uncovered opportunities, including clinical integration
- Expedited spend diagnostics (price variances to market, etc.)
- Narrow (select categories/contracts) or broad focus (financial target), based on specific needs
|
|
- Identify variances to leading practice in key Supply Chain functions, with an eye toward unique needs in People (roles), Process and Technology.
- Implementation of customized strategies to yield improvements in cost, response time and customer satisfaction.
|
| |
|
|
| Ad-Hoc, Rapid Consultation |
|
Interim Management |
| |
|
|
- Evaluation of key strategies/documents, such as business plans and individual contracts / vendor proposals
- Speaker’s bureau for market education on common Supply Chain topics (e.g., SC Performance Dashboards)
|
|
- Short or longer-term assignments to keep operations moving and identify improvements
- Supply Chain VP, Sourcing and Contracting Managers, and other ancillary leaders (e.g., Value Analysis leader)
|
ALVAREZ & MARSAL SCALES HEALTHCARE PRACTICE WITH FOUR STRATEGIC HIRES FOCUSED ON HEALTH PLANS AND MANAGED CARE
July 28, 2025
Leading global professional services firm Alvarez & Marsal (A&M) today announced significant expansion within its Health Plans and Managed Care practice. Joining the firm are Managing Directors Michael Epstein and Jim Collier, alongside Senior Directors Brent Hill and Todd Masser, enhancing A&M’s capability to deliver tailored, actionable solutions driving client growth.
The Rise of Alternative Health Coverage Models: Short-Term Duration Plans, Health Care Sharing Ministries, and ICHRAs
July 24, 2025
Explore the surge in alternative coverage models, Short-Term Duration Plans, Health Care Sharing Ministries, and ICHRAs that operate outside traditional ACA-compliant insurance. With deregulation on the rise and federal funding shifts ahead, understanding their structure and policy exposure is essential.
Alvarez & Marsal Expands Its Healthcare Human Capital and Workforce Management Offering
July 17, 2025
A&M appoints Felicia Lyon as a Managing Director in the firm’s Healthcare Industry Group, specializing in Human Capital and Workforce Management.
Alvarez & Marsal (A&M) and Alston & Bird Release Landmark Governance Report Urging Health Systems to Fortify Board Oversight in Light of Federal Healthcare Cuts
July 15, 2025
Alvarez & Marsal (A&M) and Alston & Bird released the Governance of High-Performing Nonprofit Hospital Systems report - a survey of 17 leading nonprofit health systems. The report outlines the best practices in board governance and warns of consequences for inaction.
