A Resilient and Agile Supply Chain Led by Sean Poellnitz at Mosaic Life Care
Earlier this year, TAG held a P2P Virtual Healthcare Symposium featuring key healthcare systems leaders in the procure to pay (P2P) process. While this event covered many topics, the industry faced dealing with the COVID-19 pandemic, it only touched the surface of topics regarding crisis management, procurement struggles, and leadership. We recently met up […]
TAG Inc. Announces Record Growth in Q1 2021
ST. LOUIS, April 6, 2021 (Newswire.com) – TAG Inc., the leader in healthcare procure to pay (P2P) optimization, cost savings, and consulting, announced record performance and growth in its 30-year history in Q1 2021. TAG delivered 71% more savings to its health system clients in Q1 2021 than Q1 2020 growing the company’s revenue by 65% […]
TAG Inc. Announces Strategic Partnership With LAVA Technology Services
ST. LOUIS, March 25, 2021 (Newswire) – TAG Inc., the leader in healthcare procure to pay (P2P) optimization, cost savings, and consulting, announces its strategic partnership with LAVA Technology Services to expand its cost-saving services to health systems across the U.S. This partnership expands the savings potential for new and existing TAG clients by […]
Tips for all Healthcare Workers to Protect against Cyberattacks
Cyberattacks have been a growing threat in healthcare over the past year and there is no end in sight. In fact, one Georgia University Hospital reported defending against 550 cyberattacks on their Epic MyChart system each day – 20% of them coming from emails to staff. However, not all attacks are defended. In 2019, 41.4 […]
5 Tips for Collecting Vendor Statements
Collecting your vendor statements is essential to holding healthcare vendors accountable and ensuring the accuracy of pricing, inventory, supplies, and services received. Reconciling vendor statements allows your Accounts Payable (AP) department to monitor accounts and prevent potential credit holds. Statement collection may be the only way to capture missed credits that were not correctly sent […]
6 Essential Clauses to Include in Healthcare Supplier Contracts
US Healthcare supply chain overspends by $25.4B each year, equating to 30 percent of total spend in the industry. Healthcare supply chain leaders must be proactive to eliminate the causes that contribute to this overspend, starting with the first line of defense – supplier contracting. Healthcare systems must review their general agreements and additional clauses […]
Managing Medical Device Warranties
Manufacturing medical devices in the US is $47B a year industry with implantable devices accounting for $26.75B. With revenue values this high accounting for essential life-saving equipment, it is important for healthcare system leaders to understand the true or total cost of ownership. This not only means the original purchase of the devices but also […]