How COVID-19 Accelerated the Transformation of the Healthcare Supply Chain

COVID-19 has been relentless for healthcare supply chain teams. A never-ending series of shocks have resulted in rising costs (the average ICU’s medical supplies increased in cost by 31.5% since 2019[i]) and decreasing fill rates (healthcare fill rates are resting at around 82%[ii]; the average hospital dealing with 800 to 1,000 backorders per day[iii]). These and other acute supply chain challenges make hospitals more dangerous places to receive care.[iv]

The White House Plan for Efficient, Resilient Healthcare Supply Chains

EO 14017 instructed the US government to comprehensively review critical US supply chains to identify risks, address vulnerabilities, and develop resilience strategies. The report was released in June after an analysis that extended across the FDA, HHS, and a dozen other federal agencies.