Supply chain
Michael Needham, principal at Efficio, says the Trump administration's tariffs create uncertainty and indecision for business.
The company's computer vision technology tracks supply and implant usage in hospital operating and procedural rooms.
Marcel Botha, cofounder and CEO of 10XBeta, warns that President Trump's tariffs may jeopardize the quality and safety of medical innovations and hinder patient care.
In 2025, providers will face an uncertain global economy, shrinking reimbursements, impacts of inflation, rising operational costs, more expensive labor and supply costs and administrative overhead costs, says AdvancedMD CEO Amanda Sharp.
The supply chain represents 40% of a hospital's budget. The pressure to reduce cost is at an all-time high due in part to slow revenue growth - a major challenge for hospital CFOs - says David Kirshner managing partner at LogicSource.