TECSYS Announces the Healthcare Industry's First Interactive Assessment Tool for IDN Supply Chain Transformation Readiness
Guide Allows IDN Leadership to Quantify the Readiness for a Consolidated Supply Chain Strategy
MONTREAL, Sept. 12, 2018 /PRNewswire/ -- At a time when integrated delivery networks (IDNs) are challenged with improving patient experiences while achieving efficiencies, TECSYS Inc. (TSX: TCS), an industry-leading supply chain management software company, announced today the availability of an IDN Readiness Assessment for Supply Chain Transformation. The interactive tool guides IDN leadership through a cross-functional view of their business and generates a quantifiable measure of the organization's readiness for a consolidated supply chain strategy.
"Having walked through transformations with some of the country's most respected and advanced IDNs, we are able to distil our customers' journeys and define the protocols that empowered them to drive change and mature supply chain operations," says Peter Brereton, president and CEO of TECSYS. "For the past decade, we have seen the healthcare landscape increase in its complexity, and a comprehensive supply chain strategy has emerged as an area in which vast transformation across multiple departments can take place."
Contributing to the complexity mentioned by Brereton is the uptick in mergers and acquisitions (M&A) activity within healthcare. Last year, M&A reached a record-setting high in healthcare with more than 115 transactions, up 13 percent over 2016 activity. As leading IDNs work to more strategically expand their offerings and market share without sacrificing patient outcomes, the organizations must address a growing number of legacy technologies and siloed supply chain systems.
The first step to facing these challenges, according to the supply chain experts at TECSYS, is measuring an IDN's readiness for transformation across diverse areas of the business. The TECSYS IDN Readiness Assessment for Supply Chain Transformation exists to help leadership understand where gaps may exist across an IDN's network.
IDN Leadership and media can download the guide on the TECSYS website.
TECSYS provides transformative supply chain solutions that equips customers to succeed in a rapidly changing Omni-channel world. TECSYS is the market leader in supply chain solutions for health systems and hospitals. Over 600 mid-size and Fortune 1000 customers trust their supply chains to TECSYS in healthcare, service parts, third-party logistics, and general high-volume distribution industries.
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Company Codes: Toronto:TCS