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Because most of their work is done “behind the scenes,” healthcare supply chain professionals rarely get the recognition they deserve. That’s why symplr® is pleased to have the opportunity to celebrate them during National Health Care Supply Chain Week, October 6 – 12. As a leading healthcare vendor credentialing provider, we have the privilege of working with supply chain professionals every day. Over the years, we’ve seen their roles transform. What began as straight-forward product purchasing has evolved into a multi-faceted management position with responsibilities that affect the health and safety of patients, staff and visitors.
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Vendor credentialing is the process hospital administrators go through of vetting third-party suppliers and sales reps before purchasing items or services from them. It’s a key part of an administrator’s responsibility to ensure that rules and regulations are maintained, both for the protection of patients and a hospital’s resources. Vendor credentialing is typically managed by the organization’s supply chain department, and is driven by directors of supply chain or materials management. However, administrators of vendor credentialing can include many people within a facility - basically anyone responsible for managing access to the facility or maintaining relationships with vendors.
The U.S. spends over $3.5 trillion a year in healthcare, the equivalent of nearly $11,000 per person, supporting the continued need for qualified medical practitioners at every level. In order to get reimbursed for their services, healthcare organizations are being challenged to implement systems that improve the quality and consistency of patient care, as well as the patient experience.
Just getting started with vendor credentialing? Find out how to determine the requirements that are best for you. We’ve all heard the adage, “If something’s not broken, don’t fix it.” In some cases that can be good advice. However, if you’re a supply chain manager without a vendor credentialing program in place to ensure the safety of staff, patients and visitors, it’s important to understand that by the time there’s a problem, it’s often too late to fix it.