Michael Prokopis , Vice President of Supply Chain at Steward Health Care , discusses the supply chain strategies his firm is leveraging amidst digital transformation in the healthcare sector
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A s the largest private , tax paying , physician-led healthcare network in the US , Steward Health Care boasts an extensive portfolio of 38 hospitals in the US and Malta . Having experienced a significant transformation in its offering over the past few years , the hospital prioritises the importance of first-class care to its patients . With procurement becoming increasingly influential to the way Steward Health Care operates , the firm created a shared services model which evaluates how the facilities are acquired . Michael Prokopis , Vice President of Supply Chain at Steward Health Care , discusses his company ’ s journey to transform its supply chain . “ In shared services model , we have a number of different teams all working together ,” he says . “ We have a contracting department as well as a data team that helps us to understand the value metrics as well as reporting out to the facilities and observing how they ’ re doing on the KPIs . We have a procurement group which processes requisitions and turns them into purchase orders . We also have a value analysis wrapper , which allows us to