Healthcare Transparency Initiative
Saving Lives Through Increased Supply Transparency and Reduced Disruptions
About HTI
First of its kind cross-industry collaboration focused exclusively on improving supply chain transparency, lowering risks, and reducing disruptions in the healthcare supply chain
Operational disruption costs are measured in billions between all supply chain stakeholders. Providers no longer accept this as the new normal and require engagement with the value chain to resolve, however timely, accurate and verified data is allusive, and hence the formation of the HTI on its existing data platform to elegantly manage through a crisis and proactively securing the supply chain.
The HTI platform provides visibility and transparency through rapid data transition between all stakeholders and hence a connected supply chain!
Our accountability to the patients and communities that we serve demands that we make mindful decisions about the business continuity risk as we engage suppliers. HTI is a vehicle to assess and monitor that risk.
Ed Hisscock
Trinity Health
Our accountability to the patients and communities that we serve demands that we make mindful decisions about the business continuity risk as we engage suppliers. HTI is a vehicle to assess and monitor that risk.
Ed Hisscock
Trinity Health
Providers and device manufacturers both benefit from shared transparency within their supply chain network, so they can collaborate responsively to meet patient and doctor needs. The HTI platform empowers supply chain partners to realize this potential, while simultaneously benefiting the entire Healthcare industry.
Craig Fix
Medical Device Global Sourcing Executive
Why HTI
65% Plus of Healthcare Providers face patient care delays due to supply chain originated issues
Avoiding Healthcare Supply Shortages
Constant Supply Shortages in needed drugs, sterile water, medical equipment, IV bags, and other supplies impacting patient care
Driving Lower Costs
Supply chain costs are out of control and impacting the bottom lines of hospitals (and patients) everywhere
Reducing Risk Before it Happens
Mergers & Acquisitions (M&A) in healthcare including in hospitals and product/service providers creating both risks and opportunities
Managing Healthcare Compliance Regulations
Hospital compliance and regulations must be efficiently and sufficiently met across the supply chain, without impacting costs
Controlling Cyber Risks
Healthcare IT systems are creating redundancy, time wasted, and leading to data breaches and cyber threats
The Leadership Team
Kevin Nelson
SVP and CPO
Becton Dickenson
Bindiya Vakil
Founder and CEO,
Resilinc
Ed Hisscock
SVP, Supply Chain Management, Trinity Health
Charlie Miceli
Vice President Network Chief Supply Chain Officer, The University of Vermont Health Network
HTI Approach
Industry Engagement
Healthcare leaders working together to effect change with patient care in mind
Ecosystem First
Build best-in-class and largest standardized data of its kind
Affordability For All
Shared cost model. More participation, the more on mission we will be
Boost Operations
Add no resources or time commitment Visibility Push (not pull)
Continuous Improvement
Evergreen data richer data sets Software + AI
Improved performance
Operational cost out (crisis) Op margins maintained Aid in reducing inventory holds at Supplier + Provider
Power of the Network
Engages entire value chain toward business continuity
Advanced analytics
Pro-active & Predictive. AI/ML/NLP/Neural Benchmarks
Change Agents
Drive transparency in RFP & Contracting Recalls / Backorder / Regulatory Issues
Resiliency
Alternate Supply Aid with capacity controls / surges
Leadership
Drive healthcare industry supply chain transparency and visibility standards
Goals of HTI
Assembling visionaries to make a meaningful Impact in an affordable manner to drive cost out
Immediate visibility and transparency, leveraging AI enabled event monitoring
Speed communication between supply chain nodes with collaborative responses
Standards for data communication. Reliable, consistent and providing insight
Shared cost by creating an ecosystem of networked data but maintaining confidentiality
Improve operations and eliminate redundancy
Proactive and targeted risk hotspots
Pricing Tiers
Tier 0
Providers & Suppliers
Membership
Peer engagement and stay current with industry movements. Receive global newsletter, quarterly analytics & insights, participate in web forums, webinars and events
Tier I
Providers & Suppliers
Data & analytical tools monitoring key suppliers
All Research Data available & event or incident monitoring of 120,000+ multi-lingual sites distilled and contextualized. Pro-active what-if scenario builder for visualizations
Tier II
Providers & Suppliers
Supplier Scorecarding & Risk Management
Tier III +
Providers & Suppliers
Multi-Tier Part/Site & Enterprise Options
Engagement with full eco-system to confidentially leverage BCP, supply chain visualization, CSR, Hurricane Preparedness, Quality etc. from participating members. Shared cost potential across all risk areas especially multi-tier attributes
Enterprise options available*
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