When the COVID-19 pandemic disrupted the global supply chain, many healthcare leaders faced a challenging first: the inability to procure capital products. Although shortages and disruptions are normally associated with med/surg products, capital products, particularly those with localized raw materials, are also vulnerable. These supply chain issues and mounting financial challenges will impact capital procurement trends in 2021. In this session, two industry thought leaders will offer insights into the capital procurement trends healthcare leaders should keep on their radar, including risk mitigation, prioritizing purchases and projects, and the strategic function of capital procurement.
1. Define key capital procurement trends in 2021.
2. Identify opportunities in capital procurement.
3. Outline challenges impacting capital procurement trends.
4. Evaluate the global impact on capital purchases.