What is the FDA 510(k) Approval Process for Medical Devices?
A version of this blog was originally published in ImplantKnowledge, Kermit's free monthly LinkedIn newsletter. Click here to subscribe to ImplantKnow...
Vendor Management
PPI Spend Management | Vendor Management
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How A “Procure-To-Pay” Strategy for Implants Can Lead to Labor Efficiency, Improved Accuracy, And Increased Cost Savings
Like many industries in the U.S. today, hospitals and health systems are being challenged by an unprecedented shortage in qualified labor. These labor...
PPI Spend Management | Contract Negotiation | Vendor Management
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4 Ways to Partner with Surgeons in Your Implant Savings Initiatives
Often, when supply chain leaders discuss cost savings opportunities with surgical teams, their ideas are met with a heavy dose of skepticism, resistan...
PPI Spend Management | Contract Negotiation | Vendor Management
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Revisions and the Other “Impossible” Divisions We Successfully Implemented Capitated Constructs (And Our Ambitions for Even More)
We have already made it clear: we are big supporters of the capitated construct, one fixed price for a surgical procedure where implants are used, reg...
PPI Spend Management | Bill-Only Process | Vendor Management
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Is It Time to Reconsider Capitated Constructs To Address Runaway Implant Costs?
When procedural capitated cost models were first introduced as a strategy to reduce the expense for total hip and knee arthroplasty cases, the strateg...
PPI Spend Management | Bill-Only Process | Contract Negotiation | Vendor Management
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5 Ways to Find Implant Savings in 2022
In 2022, it is time to look ahead for many hospitals and health systems. After a challenging two years, many hospital supply chain leaders are taking ...
PPI Spend Management | Bill-Only Process | Contract Negotiation | Vendor Management
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Technology-Driven Spend Management & Seasoned Supply Chain Resources: How Kermit & RDA Partner to Elevate Healthcare Supply Chain
For many hospitals and health systems, 2021 represents a year of financial recovery where every opportunity to regain some of what was lost during tho...
Contract Negotiation | Vendor Management
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Three Important Reasons You Should Negotiate Rather Than Extend Your Expiring Implant Contracts
The pandemic continues to stress already over-worked hospital supply chain resources. And yet, the contracting calendar marches on; undaunted by your ...